Best Point Of Sales Software Small Business – Is your small restaurant running slower than it should because it doesn’t have a point of sale (POS) to handle payments? In years past, small businesses were limited to only a few ways to accept customer payments. But today with technological developments in the fields of RIFD technology, cloud computing and smartphones, companies have a plethora of choices to choose from.
POS is a system that acts as a central hub for accepting payments, managing customers, tracking sales/inventory, analyzing trends to spot opportunities and much more. POS systems help to streamline the day-to-day operations of a small restaurant by automating tasks and keeping track of important information. For the customer, it offers more ways to pay and a faster payment experience.
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Investing in a POS system is a no-brainer if you want to increase profitability and potentially expand. Less time spent on mundane tasks means more time to work on improving your restaurant’s profitability.
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However, there are many POS systems to choose from and it can take a long time to go through them all. In this article, we’ve narrowed down the list to the 5 best POS systems for small restaurants. This article will save you time by giving you a digestible overview of POS systems worth considering.
Not sure if you qualify as a small restaurant? The SBA says that limited-service restaurants with less than $12 million in annual revenue and full-service restaurants with less than $8 million are classified as small businesses.
However, for the purposes of this article, restaurants that generate less than $1 million in gross revenue and have fewer than 3 locations fall into the “small” category. Does this sound like your institution? Then you will find that the information here applies to your business.
TouchBistro is designed specifically for the fast-paced nature of the restaurant industry. This software solution is ideal for businesses trying to reduce wait times in order to increase the number of customers that can be served per hour. It is especially important for small restaurants that are operating at capacity and need to increase their hourly revenue.
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TouchBistro is designed for businesses that use a menu and work over a mobile iPad network. The device is synchronized with a local network and does not require any special additional equipment. Therefore, start-up costs are low and give the impression of a modern enterprise.
The mobility of a tablet-based system means staff remain mobile while placing orders. The devices are also able to accept payments at the table. Therefore, customers will not stand and wait at the table to pay after they have finished eating.
In conclusion, TouchBistro has an overall user rating of 4.5/5, and this is fully justified by the intuitive features on offer. Your employees and customers will love the increased speed and simplicity. There’s a free trial to see what TouchBistro has to offer, and entry-level pricing starts at just $69 per month.
TouchBistro is also suitable for medium-sized businesses, meaning you can still use the POS system when you grow from a small restaurant. Some of the best restaurants in the US use TouchBistro – food for thought.
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Want to invest in Square POS but not sure if it’s right for your needs? Square POS is one of the best choices for new businesses and is one of the top rated POS software on GetApp.
The learning curve is small and there are great features that help small restaurants succeed. You can also take advantage of the free option, which is perfect for businesses on a tight budget. As profitability grows from your POS system, you can upgrade to get the full suite of features offered by Square POS.
Square POS works with most Apple and Android devices through a point-of-sale app. You can also use the system on a tablet, which is great in a small restaurant setting where waiters need to easily take orders. The system will give your small restaurant a boost as payment acceptance is simplified.
Overall, the overall user rating is 4.7/5, making it the highest rated POS system on this list. Investing in Square POS is a no-brainer because of its powerful analytics capabilities. In this data-driven world, you need to be aware of where your small restaurant is succeeding and failing.
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Transaction fees are one of the significant drawbacks of Square POS as they are more expensive than what credit card companies charge. They can add up, so you have to weigh the costs against the positives.
The introductory price of $69 per month means small businesses should have no trouble budgeting for this essential software. You can also take advantage of the free trial to see if Square POS lives up to the hype.
Lightspeed POS was created by a Canadian company with the restaurant industry in mind. They have over 15 years of experience in providing e-commerce solutions, so you can rely on Lightspeed POS to add value to your small restaurant.
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The POS system has a generic version, but you are encouraged to take advantage of the customization provided to modify the system. You should communicate with the company to share your needs to help them implement the right configuration choices.
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Inventory management with Lightspeed POS is excellent, meaning waiters don’t receive orders that can’t be fulfilled. The system also accepts various payment types such as credit/debit cards, cash, gift cards, checks and store credit. The system can be deployed on iPhone and iPad, but not on Android systems. Finally, there are plenty of online training materials for you and your staff to learn how to use Lightspeed POS.
In conclusion, the overall user rating of 4.3/5 means that Lightspeed POS is an excellent solution for small restaurants. Consider the free trial to see what this POS system can do to improve profitability and efficiency. The risk-free trial is a good option if you’re on a tight budget and want to try Lightspeed POS without parting with cash.
The Mac-based compatibility is a disadvantage if you want to use Android and Windows-based devices to run your small restaurant. But get over that shortcoming and you’ll love the customizable nature of this POS system.
The analysis and reporting features are another highlight that will help you find the biggest winners in your menu. It helps with the decision-making process of how to make menu changes to increase your chances of success.
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Are you interested in a POS system that is designed for restaurants and offers a comprehensive solution to run your businesses? Then Toast has the functionality to bring your company into the modern digital world. The wide range of functionality in one platform means you don’t need additional software to fill in the gaps.
The flexible Android application allows you to integrate third-party applications, which allows Toast to be combined with other systems. The app gives you the flexibility to use equipment you may already have in your small restaurant.
Toast also integrates the POS system with payroll management, which provides a complete solution. Having one system to monitor different parts of your restaurant helps reduce the chaos that can occur when using multiple systems.
Do you want customers to interact with your business? Then you’ll be happy with Toast’s customer-facing screens. It’s perfect for collecting reviews and allowing customers to join a loyalty program. Implementing these extra steps for your small restaurant may seem like a hassle, but it can go a long way toward growing your business.
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Overall, Toast has an overall user rating of 4.3/5, so it’s a viable option for any small restaurant. The combination of compatibility with Android devices and user-friendly interface means it’s worth considering.
The entry-level price is a bit higher than the options in this guide at $79 per month, but you can use a free trial to see what’s on offer. Consider taking advantage of digital gift card and loyalty program functionality to increase the percentage of returning customers.
Talech Register is a cloud-based POS system that is suitable for small restaurants. It offers a combination of useful features such as customer management, appointment scheduling, inventory management and real-time analytics.
In addition, you can integrate iPads into the setup so that waiters can take orders and see menu items that are not in stock. This saves time as waiters will be notified when menu items are removed from the menu instead of going back and forth.
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Table management is also simplified so you can book without double booking. However, as a small restaurant, handling table reservations may not be the biggest problem you face. It’s a nice feature to have when the restaurant is expanding.
The only thing Talech Register lacks is an integrated payment processing solution. Talech works with USAePay, CreditCall and Virtual Merchant as their payment gateways. You need to find your payment processor that is compatible with these three gateways.
To summarize, Talech Register has an overall user rating of 4.0/5, which means it is the lowest rated on this list. However, it has enough functionality for it
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