Important Point of Sale Facts that Every Business Owner Must Consider

If you have just started up your business and still into logistics and getting everything operational or even thinking of starting up a business that involves the use of point of sale (POS) systems, here are some of the most important facts that you have to consider before you decide on what type of POS system you will incorporate into your business.

Receipt Paper Cost

There are plenty of receipt paper roll options that are available in the market that businesses owners are able to choose from and choosing the right type of POS system must also involve assessing the type of receipt paper that the system uses due to varying costs, business requirements and quality. Although a standard grade thermal paper receipt roll for most standard POS systems on average would cost more than plain paper receipt rolls would, what must be taken into consideration here is the fact that thermal paper is thinner when compared to standard bond paper, this means that a roll of thermal paper receipt would be able to print more receipts and lesser downtime due to lesser frequency of receipt paper roll changes.

Choosing between Ink and Thermal Receipt Systems

Choosing between thermal supported POS systems and ‘impact printers’ depends a lot on the type of business, but in general impact printers  are more costly to maintain due to the requirement ink cartridges or ribbons apart from the multiple ply papers that these printers generally use to print invoices and receipts. A4 sized thermal rolls (similar to the ones used in fax machines) are currently inexpensive, but there was a time when these rolls where expensive due to their ‘state of the art’ status’, however as mentioned earlier, it all depends on the type of business and if your business  depends on volume of sales to make margins, then thermal is your best option as transactions are recorded electronically and customer are given clean and clear thermal receipts that last long enough for the customer to utilise them and discard them before the ‘thermal print’ fades.

Operational Speed

Regardless of the type of business, operational speed is undoubtedly a competitive advantage that would enhance the satisfaction levels of customers apart from advocating an optimal business framework that would eventually be reflected at the bottom line. Having long queues at the check-out counter because of slow equipment is not an element of business that can be considered good from any perspective, hence silent printers, that slides receipt rolls out without smudges, missing lines and receipt paper jams is something important although it may seem trivial.

Inventory Management

Dot Matrix printers require ribbons, cartridges and paper which are normally thicker and last less longer in contrast to thermal units that do not require any sort of ink and thinner paper, which will not only save space, but will also save money in the long run.

Consider the facts presented above thoroughly before buying and installing your POS units, think of cost, business requirements, operational speed and user friendliness before you make the final decision.