Retail

The One Reporting Must Have for 2017 It’s common to wonder what reports you should be running and when. And while reporting is a must-have for any successful business, it can also be a slippery slope. Five reports turn into ten, which turn into twenty, and...

Retail shops naturally have slow and busy periods throughout every day, week, and month. The key is to use the slow periods to your business’ benefit. Taking advantage of downtime in your retail shop is twofold: Scheduling to ensure employees don’t have downtime. Using your time wisely...

  What is Customer Loyalty? Customer loyalty is the practice of attracting repeat customers through good customer service and brand and marketing practices. Loyal customers will return to your business time and again, and, equally importantly, will refer your business to individuals in their sphere of influence....

  The tans will fade, but the memories will last forever. So goes a popular quote about summer that all retailers should pay attention to. When summer visitors come to your town they are looking for mementos that will evoke the memories of their time there...

  When you look at your current Point of Sale (POS) system, it’s hard to imagine where the history of the Point of Sale started. Currently, POS systems offer comprehensive management of your business, from inventory management to reporting and everything in between. However, they haven’t always...

People who are happy are more fun to be around, in personal and professional settings. Not only are happy people generally more pleasant, they are also more productive in the workplace. A lot of people don’t find happiness at work, but your employees don’t have...

  The Pros and Cons of Buying or Leasing your Point of Sale System Breaking Down The Benefits Between Buying and Leasing a Point of Sale (POS) System As a restaurant or small business owner, you’re tasked with making many small and large decisions daily, each one affecting...

Does your VX520 terminal still read the wrong time even though the dreaded time change with Daylight Savings was last weekend? If so, here is a simple step by step guide on how to update the time on your VX520 terminal.    From the main sale refund and...

    Do you know exactly what your life will look like tomorrow? How about next week? Next month? Predicting the future is impossible, but forecasting your future labor costs isn’t. If you’re in the service industry, your labor costs are likely one of your largest expenses,...

    1) It may seem obvious at this point, but updating your point of sale system to be EMV (chip card) compliant is a must. Businesses that are still using old technology are at much greater risk of being targeted. The encryption methods used with a...

Beginning in October 2015, the use of EMV (Europay, Mastercard, and Visa) chip cards has been implemented in the United States. A large-scale undertaking, the goal of the EMV transition was to reduce fraud. How? The “chip” cards have encrypted chips on the card that...

    We don’t know many business owners who get excited about taxes, but it’s an important aspect of every business that must be managed wisely. While most of us leave it to the tax experts, understanding write-offs that you’re entitled to puts you in a position...

Employee scheduling can be a real headache. Communicating shift updates, fielding changes triggered by constant employee requests and balancing labor vs. need can eat up valuable hours each week. Improving your policies around schedules and time-off requests combined with some integrated tools will save you...

Santa doesn’t always get it right and now that the festivities are over and consumers have had a chance to recover from the holidays, they’ll be returning those gifts that weren’t quite right. How your business deals with the increased volume of returns will absolutely...

When the New Year arrives, many people make personal goals, stretching from losing weight to traveling the world. But your New Year’s resolution can stretch beyond your personal life and extend into your business. Inventory management is one of the biggest time commitments many business...

  Running a business is a full time job, often detracting from owners and managers’ work-life balance. But every person needs time away from their job, no matter what your role in a company that might be. Luckily, Point of Sale (POS) systems offer solutions for...

Getting Started with Annual Reports Creating an annual report can be a daunting task. However, with an overview of the most important pieces to include and tips to make it more engaging, and your report can be simplified and easily created. Consider the following sections and...

With the beginning of a new year comes a clean slate and new trends to experience. Do you know what your customers will be looking for in 2017? We’ve put together a list of what’s hot for the new year. Incorporate some of these offerings...

  Learning from Other Small Business Owners in 2016 Whether you’re new to owning a business or you’re an experienced veteran, you can always learn from other small business owner’s experiences. From hiring to firing, bill paying to ordering inventory, and everything in between, learning from others...

With the appearance of twinkly lights and holiday treats comes an increased amount of credit card fraud. Small businesses are particularly susceptible to criminals because they are seen as being softer on prevention. But that doesn’t have to be the case. Your SilverEdge team has...