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14 Point of Sale Systems for Small Businesses in 2023

Small Biz Trends

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. A point of sale (POS) system is used to accept payments, like a cash register. Brilliant POS.

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5 Ways To Maximize Retail Business Financing

Retail Minded

Operating a retail business is both rewarding and challenging. One of the biggest challenges that you’ll face is related to finances. Many retail businesses are able to operate seamlessly with sufficient financing. Here are five ways retail businesses can leverage financing: Choose The Right Lender. Buy In Bulk.

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Balancing Act: Financial Planning Tips for E-commerce Startups on a Tightrope

365 Retail

Determining an Initial Budget When creating your initial budget, be realistic about the required upfront costs—many expenses like inventory, web hosting, and payment processing scale with sales volume. Aim to have 6-12 months of operating costs on hand to allow time to refine your offering. Measure ROI religiously.

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Competing for a more discerning dollar

Inside Retail

Savvy businesses are seeking to re-establish new baselines now that the dust has settled, from financial performance and stock turnover to operating rhythms. This is where putting the customer in control of how they purchase can help, including a range of new financing and payment options for the customer to choose from.