Finding the Best Small Business Cash Register
You've gone over the basic first steps to acquire a name, a store location, and maybe even some inventory.
You have great support from your friends and family, and you may have even already acquired some employees.
You are ready to open the doors and start raking in the sales, and cash! The only thing is you haven't yet considered how you will track sales and cash flow, or even the best way to store money during open store hours.
What to do? It's time you start shopping around to find the best cash register your money can buy.
A poorly designed cash register can slow down transaction rates or offer little security for your hard earned cash.
A quality model will not only provide you with a safe and quick way to handle cash transactions, but it can also provide you with security features to keep your money safe.
The top of the line models even have safeguards in place to keep your newly hired employees free from suspicion, leaving you to worry less.
If you own your own business or are currently in the startup mode, you need to get a quality cash register that will cater to your business needs.
First, you must make sure the machine will be able to handle the number of products you plan to offer.
If you plan to offer a number of different products across multiple departments you will need a cash register that has the capabilities to code many products and track sales in several different departments.
If you plan on selling just a few styles or product types, you can go with a more basic model.
Next, if you serve both retail and wholesale customers, you will need a register capable of tracking different prices for the same product, sales tax, or special company discounts.
You will then have to consider what security features you need, and assess the level of security different model cash registers have to offer.
If you plan on offering credit cards, you will have to select a register that has a credit card reader plug-in to make transactions easier.
Lastly, consider the size of the product and its price to make sure you have both the space necessary to house the machine, as well as the budget to purchase it.
Since models and machines can vary from store to store and range in price from $100 to over $2000, research and compare before you decide on a product to purchase.
Since your register contains valuable tax information, protects your employees, and your cash, make sure you do not compromise on features just to save a few bucks.
You could lose out more in the end if you do not get a model that suits your needs.