In our blog post Should You Be Running Coupons for Your Restaurant?, we discussed some of the pros and cons of running coupons for your restaurant. In that post, we mentioned that restaurants are particularly susceptible to the negative outcomes of coupons. Modern computer systems for restaurants can make it easier than ever to run coupons or discounts, but that doesn’t mean that they are the right way to go for every restaurant. Today, we wanted to delve a little deeper into three of the long term effects that can result from running coupons and discounts in your restaurant.

If you’re running your own restaurant, you’ve probably wondered about running coupons as a way to attract new business. However, the decision of whether or not to run coupons is not a simple one, and many factors should be taken into account before making your final decision. While Restaurant POS Systems can make honoring coupons easier, we’ve put together a list of pros and cons that should be weighed before deciding if offering coupons is a good idea for your restaurant.

Many business owners have different ideas about how to achieve success with their customers and their employees. They try unique marketing techniques and make an effort to appeal to these important people. Even though they go to great lengths to please everyone, the best way they can offer good service is through a well operating business. When glitches and kinks arise, customers and employees feel annoyed and unsettled. Prevent these discontent feelings by purchasing a new POS system that allows your business to run in it’s prime functionality....

The decision of what restaurant POS to buy is a big one and should not be taken lightly. After all, a Point of Sale system is a big investment that can result in big returns. However, many business owners have an understandable desire to save money on this investment. Maybe you’re one of them. If you are, you’ve probably wondered about the risks associated with buying a used restaurant POS system. Today, we hope to help you feel confidence in making this investment in your business.

Restaurants rely greatly on how well their point of sale software functions. If your POS system fails to do its job, customers become impatient, employees become frustrated, and your profits suffer the consequences. To fight the undesired turnover rate, your restaurant needs a reliable and functional POS system. Here are a few tips to focus on when you are shopping for accounting software to find the one that can make your restaurant run efficiently.

With the possible exception of some CPAs or IRS employees, there aren’t a lot of people who enjoy tax season. And if you own or run a business, it’s very likely that you really hate tax season. Given the complex nature of taxes in business, this isn’t surprising. As just a partial list, many companies have to deal with business income taxes; sales taxes; payroll taxes, including matching FICA contributions; self-employment taxes; unemployment taxes; and other applicable state and/or local taxes. Keeping track of and paying all of these taxes is enough to leave anybody’s head spinning, even with the help of their accountant. One way to simplify your business’ taxes and help mitigate some of the stress involved with tracking and paying those taxes is to utilize a POS System.

Amid the dinner rushes and the constant flow of inventory, how can one stay on top of the accounting needed to run a restaurant? Keeping track of the books may seem more daunting than keeping up with customers, but it is just as important. Yet in the attempt to do so, many restaurants have made mistakes that can be costly. Here are three common accounting mistakes all restaurants should know and advice on how to prevent them using restaurant software solutions.

As an entrepreneur, your role in your business may be categorized by many names: boss, clerk, accountant, advertiser, public relations, secretary, front desk, cook, builder, designer...the list of hats goes on. Being a small business owner is a monumental task and requires more than a little elbow grease. It requires the gumption to succeed and the intelligence to understand a bit of everything. You’ve got employees who depend on you—not to mention your own family, so you don’t have the luxury of getting things right on the third or fourth time. You’ve got to get it right now. Since bookkeeping is a full time job in and of itself, here are three mistakes to not make when maintaining your small business bookkeeping.

Think of your trip to work this morning. How many coffee shops did you pass? Probably more than a few. There are over 53,000 coffee and snack shops in the United States, with over $30 billion in total revenue each year. With numbers like that, it’s no wonder that there seems to be a coffee shop on every corner, and with a market share of over 30%, it’s also no wonder that many of the shops you see have the name Starbucks emblazoned across the front of them. But let’s forget the big name chains for a little bit and take a peek behind the scenes at your local coffee shop.

Running a business just isn’t the same as it used to be. Traditionally, updating a Point of Sale (POS) system has been done every six years or so, with business owners trying to get the most out of their investment as they possibly can before upgrading. However, that may not be the wisest course of action in today’s ever-changing business world. In fact, it has come to the point that outdated POS systems may actually create a competitive disadvantage. We’ve put together four of the many reasons you may decide it’s time to upgrade your POS system.