Saturday 26 August 2017

There Are 4 Mistakes To Avoid When Buying An Epos For Restaurant

There are many aspects that have to be considered before purchasing a new epos for restaurants. It is important as the entire staff and management will rely on the epos system to run the daily operations and to track key metrics. Business owners should take time to find the right system which fits best for their specific wants, operations and budget. When it comes to epos for restaurants buyers should be beware as most of vendors are not concerned whether it will actually be the best match for their customers and they tend to go to great lengths to persuade buyers to invest. Listed below are the common mistakes and oversights that owners typically make.

1) What need to be consider about the future costs of owning an EPOS system
If you are purchasing an epos for restaurants then it is important to calculate the future costs that will be associated with maintaining and supporting the system, the following things need to be considered. The following questions need to be prepared before choosing an epos for restaurants.
·         Whether I need to purchase an expensive support package?
·         Should I pay an hourly rate to get the support which is required when an issue arises?
·         Is it necessary to pay for system updates each year to keep my system running properly?
·         What amount should I have to spend on IT technician visits?

2) They are not up to date or aware of upcoming changes in the industry
In order to adhere to EMV compliance, restaurants should look for a new hardware and software that is capable of accepting pin-and-chip card payments. Restaurant owners who are unaware find themselves paying for another system again in order to follow the updates and requirements. To avoid getting you and your business in this type of aggravating circumstance, do your research before buying a new EPOS system.

3) Research the vendor of the before buying EPOS system
By purchasing an EPOS system, you are engaging in a partnership and an agreement with the vendor. In most of the cases, the vendor will help to build your menu digitally, install your system for you and train your staff and provide support when you have an issue with your system. So be careful while choosing and make sure you choose a reputed vendor. It is always advisable to choose a EPOS provider who cares about your business needs, having a reputation of high-quality installs, timely responses, and five-star customer support.

4) Try to know about the Financing options
Offering attractive payment plans is an enticing option, in particular for new restaurants owners who initially have very slim profit margins. Owners should be careful about financing options and proceed with caution about what they agree while entering into a payment plan. In many cases, these payment plans can be luring to restaurant owners into a long-term contract. After entering into a finance plan and find out quickly that the system is not a good fit, it may not be possible to get out of your contract without paying off the remaining balance. In some cases payment plans will even hold you responsible for paying off the leftover balance regardless if your restaurant goes out of business.
Choosing right EPOS system for your business. By asking your vendor the right questions can help you find the perfect epos for restaurants. An EPOS system can make or break a business. It is always better to give yourself, your staff, and your business the peace of mind knowing you are supported by your EPOS system.

It is advisable to know about your EPOS system and provider about what they are offering to you as a customer.