When it comes to purchasing a cash register for your business, one size definitely does not fit all. There are a broad variety of cash registers that vary in size, design and price, and selecting the correct one for your business is critical for storing and saving money, record keeping, and tracking transactions. Whether you require a basic cash register or a more sophisticated point of sale (POS) system, whatever you select needs to be safe and reliable. POS systems differ from cash registers in that they offer better inventory tracking, more detailed reporting, and the ability to expand as the business does. However, they aren’t automatically the best option for every business. Whichever model you choose needs to fit your current and anticipated business needs.
Here are five points to consider when choosing a cash register:
What type of business do you have?
Most businesses that require a cash register can be split into three categories: Retail, hospitality or grocery. These businesses differ based on the number of items in the inventory (which can amount to hundreds in a typical grocery store). A larger business with a greater number of inventory items may benefit from the added control features that a POS system provides, while retail stores typically require a less complex system. Think about all your potential customer check-out scenarios and what features these would require. And if you anticipate a great deal of business growth, you should think about systems that have the flexibility to expand as you do.
What are your reporting requirements?
Recording sales as they are made can save you a huge amount of time and labour. There are both cash registers and POS systems can produce transaction reports for inventory tracking. You also need to consider if you want the receipts to be printed on thermal paper, which is pricier than a ribbon printing cash register but is more convenient given that it prints out two copies of a receipt instead of just one for the customer. If you offer product exchanges or returns, in-depth transaction reporting could be a key feature.
What are your security needs?
Security is an essential consideration, from protecting the money stored in the register to ensuring that inventory and stock control systems are not tampered with. How many people will be handling the cash register? You may wish to work with a password-protected system if many people have access to the register. If not, a simpler locking drawer may suffice.
What is your budget?
There is a system to suit every pocket so make sure you investigate all the options. There could be additional costs like ink, paper, maintenance or product updates or cost-savers such as warranties. It may be more cost-effective to buy a more complex system now than to have to replace your register as your business grows.
Finally – which Sharp model is right for me?
Seartec, proud distributor of Sharp, distributes a wide range of cash registers and POS systems with the features and flexibility to suit any business. Visit our Cash Register page to browse options and speak to one of our knowledgeable sales consultants to find your perfect fit.
Feel free to contact us for more information