Latest Industry News
For Hospitality, Grocery and Postec Partener updatesBreaking the Bad Location Jinx
Stuck with a bad location? Here are some ideas for how to improve business no matter where you're at. What is it about certain store locations that can never seem to produce a winner? Is it because rents are too high? Is the location slightly off Main Street, not...
read moreTop 5 Signs It’s Time To Upgrade Your Point of Sale System
Does your point of sale system look like this? Perhaps it's time for an upgrade. Besides being woefully out of date, here are other reasons to get a new POS. Bell-bottom pants have made a comeback. So, too, have vinyl records. And let’s not forget 1980’s fashions and...
read moreHow To Prevent Shrinkage At Your Store
According to the National Retail Federation, shrink (or "shrinkage") cost retailers, on average approximately one and one-third percent (1.33%) of sales. If your store has $5 million in revenue, that's $66,500 in earnings wiped out. Ask for and check references Want...
read moreHow To Negotiate Better Terms With Suppliers
Congrats! Your business just had one of its best quarters for revenue ever. But after you're done paying all your suppliers, the success brings you back down to earth. If you'd like to improve your cash flow, consider negotiating the terms from your suppliers. Why...
read moreWhat’s Trending for Retail in 2019?
Is 2019 finally the year when artificial intelligence becomes commonplace in retail? Will you be greeted in the weeks and months ahead by a robot at your neighborhood coffee shop? Probably not. Perhaps that prediction will come true in the more futuristic sounding,...
read moreHere’s Why Independent Grocery Stores Are Still Very Relevant
Are independent grocery stores a dead man walking? Are they no longer relevant? After all, Walmart and Amazon are gobbling up greater grocery sales, while Albertson's and Kroger's continue marching towards monolithic status. The recent consolidation in the supermarket...
read moreHow to Boost Sales Performance At Your Restaurant
You've successfully attracted new customers to your restaurant. And you've purchased the best must-have tech solutions for your dining establishment. Now, it's time to boost and measure your restaurant's sales performance…. Don't Go Crazy Buying in Bulk Some...
read moreHow To Create a Budget For Your Business
"Let's just wing it and start our business without planning a budget." --Said no successful businessman or woman ever Suppose you have an extra few hundred grand to play with and you want to buy a business. And let's say that the business you decide to buy is based...
read moreHow To Ask Friends or Family for Business Funding on Social Media
You're getting the hang of using social media to market your business. But let's say you need to find cash to expand your business (or get it launched).... Should you use social media? After all, social can be and easy and effective outlet for reaching lots of people....
read moreNeed More Restaurant Sales? Follow These Tips for Success
It's easy to fill up tables at your restaurant when you're a James Beard-nominated chef like Mashama Bailey. But if you don't have instant name cred and you're a pedestrian restaurateur, how can you boost sales in an industry that already has notoriously slim profit...
read more5 Tips for Getting Your Bar or Restaurant Ready for New Year’s Eve
For some people, New Year's Eve is just like any other night. But for lots of your customers, it will be the biggest celebration of the year. More food and more alcohol for your customers means more profits for your establishment. In fact, for many bars and...
read moreGifts For The Small Business Owner In Your Life
Do you have friends or colleagues that like yourself own a small business? Stumped by what you should get them? Well, think about what you'd like to receive as a gift. Chances are that you, personally, could do without yet another sweater, pair of socks, a tie,...
read moreWhy Integrating Video Surveillance with Your Point-of-Sale Makes “Cents”
According to statistics from the National Retail Federation (NRF), retail "shrink" shrank slightly in 2017. That's good news. But the bad news is retail losses from internal theft or fraud still cost the U.S. economy over $46 billion for that year. Are you a small...
read moreHow Supermarkets Can Compete With Amazon and Walmart
How is a neighborhood or regional grocery store supposed to compete with the likes of Walmart, Target and Costco, all of which a short drive away? Not to mention the ease of online grocery shopping thanks to Amazon and other etailers. Last year, Walmart swallowed over...
read moreShould Your Small Business Try Social Media Advertising?
You know how to market your business using social media. And you've mastered the 3 rules of email marketing success. Another way to promote your business is with social ads. Social ads are when you pay a social media platform such as Facebook to display your business...
read more6 Must-Have Tech Items For a New Business
According to the U.S. Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years. In this New York Times business blog post, one reason mentioned for failing businesses is owner stubbornness. Granted,...
read more4 Easy Ways To Increase Sales at Your Grocery Store
If you're the owner or general manager, the first step to increasing profits is to put on your customer hat. In fact, pretend you know nothing about the grocery retail industry. Take a day and visit several markets in your metro area. What do you notice? Which market...
read moreIs Your Business Ready To Switch To EMV?
Does your store's payment-processing hardware have a handwritten sign sticking out of the chip-card reader insert that says, "Chip coming soon?" Chip cards, the most recent development in secure payment-processing technology, make it harder for counterfeiters to forge...
read moreBreaking the Bad Location Jinx
Stuck with a bad location? Here are some ideas for how to improve business no matter where you're at. What is it about certain store locations that can never seem to produce a winner? Is it because rents are too high? Is the location slightly off Main Street, not...
Top 5 Signs It’s Time To Upgrade Your Point of Sale System
Does your point of sale system look like this? Perhaps it's time for an upgrade. Besides being woefully out of date, here are other reasons to get a new POS. Bell-bottom pants have made a comeback. So, too, have vinyl records. And let’s not forget 1980’s fashions and...
How To Prevent Shrinkage At Your Store
According to the National Retail Federation, shrink (or "shrinkage") cost retailers, on average approximately one and one-third percent (1.33%) of sales. If your store has $5 million in revenue, that's $66,500 in earnings wiped out. Ask for and check references Want...
How To Negotiate Better Terms With Suppliers
Congrats! Your business just had one of its best quarters for revenue ever. But after you're done paying all your suppliers, the success brings you back down to earth. If you'd like to improve your cash flow, consider negotiating the terms from your suppliers. Why...
What’s Trending for Retail in 2019?
Is 2019 finally the year when artificial intelligence becomes commonplace in retail? Will you be greeted in the weeks and months ahead by a robot at your neighborhood coffee shop? Probably not. Perhaps that prediction will come true in the more futuristic sounding,...
Here’s Why Independent Grocery Stores Are Still Very Relevant
Are independent grocery stores a dead man walking? Are they no longer relevant? After all, Walmart and Amazon are gobbling up greater grocery sales, while Albertson's and Kroger's continue marching towards monolithic status. The recent consolidation in the supermarket...
How to Boost Sales Performance At Your Restaurant
You've successfully attracted new customers to your restaurant. And you've purchased the best must-have tech solutions for your dining establishment. Now, it's time to boost and measure your restaurant's sales performance…. Don't Go Crazy Buying in Bulk Some...
How To Create a Budget For Your Business
"Let's just wing it and start our business without planning a budget." --Said no successful businessman or woman ever Suppose you have an extra few hundred grand to play with and you want to buy a business. And let's say that the business you decide to buy is based...
How To Ask Friends or Family for Business Funding on Social Media
You're getting the hang of using social media to market your business. But let's say you need to find cash to expand your business (or get it launched).... Should you use social media? After all, social can be and easy and effective outlet for reaching lots of people....
Need More Restaurant Sales? Follow These Tips for Success
It's easy to fill up tables at your restaurant when you're a James Beard-nominated chef like Mashama Bailey. But if you don't have instant name cred and you're a pedestrian restaurateur, how can you boost sales in an industry that already has notoriously slim profit...
