5 Strategies for Improving Collections Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their... Read more: https://zurl.co/y4lu
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5 Strategies for Improving Collections Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their... Read more: https://zurl.co/xZhX
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5 Strategies for Improving Collections Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on... Read more: https://zurl.co/Ol6h
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Historically, cash was king in the tipping economy, and it was easy at the end of a shift to count the cash taken in by the restaurant and divide it among the workers. The increase in credit card transactions and the complexities has all but eliminated cash tipping, but not the archaic process of paying out tips in cash to those workers at the end of the shift. The frictions — and risk — associated with cash handling have driven operators to seek digital payout solutions. Being integrated into the restaurant point of sale (POS) can save the restaurant operator time at the end of the shift in calculating tip payouts — from 45 minutes to an hour, Roberts said, to “literally 60 seconds.” Read more: https://lnkd.in/eUd-sb7B #hospitality #payments #cashout
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Don't Let Your Profits Play Hide-and-Seek! In the hustle of quick-service restaurants, your operating margin is key. But is your POS leaving you in the dark, adding unnecessary stress? Imagine this: No more waiting on staff or accountants for vital figures. Real-time data, capturing events when they happen, not days or weeks behind. It's not just about numbers; it's about immediate insights, letting the effects ripple across processes, and keeping figures up to date. No headaches, no delays—just decisive, stress-free decisions to safeguard your hard-earned margin. Invest wisely. Choose tech that puts YOU in control. #profit #nomorewaiting #ImmediateInsights #stressfree https://lnkd.in/ecPT4P8W
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Yes, you read that correctly. No APR rate. ✅ A merchant cash advance is ideal solution for businesses that are seasonal or have fluctuating turnover. They are a popular option for businesses within the hospitality sector such as pubs and bars, restaurants and hotels, along with most retail businesses including online retailers.🙌 #commercial #lending #bank #business #businessowners
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The explosion of online ordering systems has propelled restaurant businesses to accelerate their order management mechanisms. Order management is integral to your business’s success and crucial in building long-term customer relationships. For more info click here: https://lnkd.in/geypnJs6 #Orderem #Onlineordering #Onlineorderingsystems #Restaurantbusiness #Ordermanagement #Customerelationships
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Many seasonal businesses like #hotels , #restaurants & #retail outlets utilise Merchant Cash Advances (MCA) as a way to raise money for purchasing inventory or for business growth 📈 But did you know that even if you take payments online you could benefit from Merchant Cash Advance? 💷 ⠀ #MCA is an alternative way of borrowing money where you pay more when the sales are coming in and less when they are not. ⠀ If it's something you're interested in knowing more about give us a call on 07951 725396 or send us a message. #merchantcashadvance #businessloans #businessgrowth #seasonalbusiness #retail #hospitality #onlinestore
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Is a Warehouse Store Membership Worth It? 🤷 Is a warehouse store membership really worth the fee? I’m Misty Lynch, and as a certified financial planner, it’s my job to support your financial goals. Let’s see if a membership makes sense for your budget. 1 - Figure out how much (of whatever you buy) you actually use. Memberships are good for big groups or things you buy a lot of, but can you really eat 8 heads of romaine lettuce if you’re single? 2 - Know your per-unit price. Not all bulk deals save you money. Sometimes, you can beat the warehouse price at other stores–especially if you use coupons. 3 - Evaluate all the perks. Beyond groceries, these memberships can offer lower gas prices, travel deals, and discounts on pharmacy items. If you use these kinds of services a lot, the membership might pay for itself. So, the answer to “Is a Warehouse Store Membership Worth It?” is maybe. Like most financial matters, it depends on you. What other money questions do you have? Comment below, shoot me a DM, or just follow me here as I demystify common money topics. . . . . #SmartShopping #BulkBuys #MoneySaver #FinancialTips #CostEffective #WarehouseDeals #SaveMore #BudgetTips #MembershipBenefits
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7 Ways To Streamline Your Restaurant’s Order And Delivery Process https://hubs.la/Q02dtlnc0
7 Ways To Streamline Your Restaurant’s Order And Delivery Process
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Another reason to love MarginEdge: my client in #Asheville messaged me today to see if I could access their POS system to pull payroll data. Payday is tomorrow, and the restaurant is inaccessible due to the mudslides and flooding. While I'm not able to access the POS system, MarginEdge is! Way to save the day, #marginedge. #restaurantaccounting #restauranttools
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