When should I purchase POS and CCTV system? Before opening?
The sooner the more profitable.
When, where, and what type of business one should open are all parts of the decision making process. But how about when is the right time to obtain a point of sale and CCTV system for your new business? There are several factors in business one does not have control; however, there are many crucial matters that one has control over. And timing is of the essence. For example, you won’t stock your shelves with summer clothes in December in Chicago & you won’t start selling Christmas Cards in your gift shop in March. Some of these decisions are common sense.
So the key is to make most of your decisions based on common sense. Take the time to do the analysis without your emotions.
So back to when should I start thinking about buying the POS and the security cameras systems along with all my other technology needs?
The sooner the more profitable.
Some of our clients contact us before even choosing where or what type of business they should open and have found Sintel Systems to be truly a one stop solution provider. Our partners at Affiliated Research Economics who provide business consulting based on econometrics and analytical have helped customers decide if the business is right, if the location is right, and most other ifs. Imagine how much you save with this kind of advise!!! For more on this read: Who can help me with business consulting?
If you have not opened your location, then seriously consider getting your POS, CCTV, Phone System, Networking, and all other technology needs before opening because:
- Time Sheet: You will need to track your employees time sheets. The POS systems does that. Advice: Treat yourself also as an employee and track your own time.
- Decrease Losses: Businesses utilizing this technology decrease losses. So don’t even let the losses start. (Coming soon: What is the largest source of business losses? Internal shrinkage, damages, or theft?)
- Employee Moral: Employee turnover rates are lower and productivity is higher when employees enter an environment with systems installed.
- Save Time: Average business owner’s without POS spend 1 hour per day on accounting without a POS system. How much is your time worth?
- Save Money: It is much different when you hand your accountant POS reports rather than a bunch of papers. You save them time, they charge you less.
- Growth: Start your goals of growth before you even open.
- Organization: A business by definition is an organization. It is much better if you are organized from the beginning.
- Investment: Look at the POS & CCTV system as an investment. Just ask your accountant how they expense the systems. As an investment!
- Customers: Keep track of your customer information
- Gift Cards: Sell gift cards and get future revenue now to reinvest in your business. Did you know that about only 80% of give cards are redeemed on average.
- Infrastructure: You can integrate the systems including the need for any wiring if you start thinking early. You may want to work the POS system into you counter. We can provide your contractor all the needed info to that.
- Increase productivity: Let your business experience its learning curve early on. Use the time before opening to train your employees.
- Accountability: When something happens, you can find out what happened and then correct the matter.
- Insurance: Don’t get caught in a fraudulent slip/fall claim. Keep your insurance premiums udder control.
- Control: Have firm control over your operation from the first day you open!!!!
Some of the understandable reason for deferring system implementation which have been noted include:
- I lack the time: If you think you lack time, then brace yourself when you open. A POS and CCTV camera will save you much needed time. Look at it as your silent partner and read this: How much can cash register order errors cost?
- I lack the finances: Very understandable. If so, look over everything again and please read: I need multiple POS systems with limited finances. What are my options? Should I look into used or cheap POS system?
- Let me open and see what happens: You are entering into business to succeed and need to take control. We’ve all heard “don’t take a knife to a gun fight.” Same concept. You competition is using everything at its disposal.
Falling into the excuse traps of above will only effect your bottom line.
If you have an existing business, then the time is now. Exiting businesses which implement a POS and CCTV system see an immediate increase in productivity and decrease losses. It is important to not that the:
A POS and CCTV offer immediate benefits, but effective implementation aligned with your policy is important in further enhancing the benefits of your systems.
So whatever stage you are at your business, get in touch with us see how Sintel System will become a partner in your success. If you want real business consulting then get in touch with Affiliated Research Economics.
Contact US
Call us 855-POS-SALES or 855-CCTV-SALES
www.SintelSystems.com
Want to know how we can offer such great products and services at competive prices? Please Read: How can Sintel Systems offer the best POS, but at relatively cheap prices?
