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Billing system example for small businesses

now if you have clicked this video it's probably because you're on a search for the best POS software for your business but let me be straight with you there's no perfect system out there they all come with their pros and cons so what matters is finding what suits your business need and to help you find that out in this video I'll spill the beans on the top five POS systems that have been rocking the world so you can decide which one is your perfect Jam also the legendary marketer team has an exciting surprise for you we have added a cool little quiz in the description section of this video where you will be asked a few questions about your POS needs and our tool will recommend the ideal POS service for you based on your responses so we highly recommend all of our viewers to take the quiz in the description box below now just to clear it out what is a POS system it's short for point of sale and it's what businesses use to make sales accept payments and check out customers and no matter if you have a brick and mor location or traveling popup food card every business absolutely needs a POS system so let's get started oh and yes as always I will be covering my topics in descending order so make sure to stick with me till the end to see which one takes the top spot all right let's begin so the fifth software on our list of the best POS softwares is the one with a very cool name toast POS so talking about the software toast is designed specifically for restaurants it's customizable with features like menu design and Order management and the thing I love about them is their email marketing features toast captures tons of emails and phone numbers from every customer making your marketing game strong next online ordering if you're not offering it you're leaving money on the table toast makes it a breeze with seamless integration out of stock in store no worries it reflects online too now I must mention that it's not the fanciest service out there but it gets the job done and boosts those average ticket prices additionally there's this guestbook feedback feature as well so through this toast automatically ask customers to write their online experience it's actually really helpful for reducing negative ative reviews and ensuring customer satisfaction now here comes the most important part pricing so they've got this free version that's perfect for food trucks and those single location cafes it's the Sho and go deal complete with initial hardware and basic POS software but as they say quality Demands a price toast lays out these three plans my pick the growth plan at $165 per month why well it's The Sweet Spot budget friendly and loaded with features so if you're dead serious about lifting your restaurant to new heights that 100 $65 monthly investment might just be your golden ticket next up is our fourth pick Clover first off using Clover felt good it has a Simple and Clean interface that's easy to navigate it's great because it comes with a wide range of software and Hardware options so you can find the right system to fit your business needs also Integrations are a plus with an array of options in the Clover app market another benefit is that it accepts at nearly every type of payment including NFC payments like Apple pay and Google pay and it's a great system for tracking inventory as well as making Sales Plus they offer the flex handheld POS for tableside orders and the Clover Go app allows you to take payments on the go now pricing is fair but some argue you don't get enough bang for your buck The Upfront costs are considerable however Clover is on the pricier side with an upfront Hardware cost starting at $1,300 and it also requires a long-term contract firstly you have to select the type of business you have like here I select retail now you can see the starter plan is for $799 plus $14.95 per transaction per month if build annually but if you want to pay monthly then you must contact their sales team for that now on the ugly side the real snag with Clover is its parent company now called First Data historically merchant account companies like them have lousy customer service and online reviews affirm that surprisingly there's no online demo available on their website a big Miss for potential customers who crave visuals before committing to such an important and costly purchase also buying clovers can be confusing you can get it through their website or a third party merchant service company but beware the process involves more than just Clover's software and Hardware support you have to choose a merchant service provider wisely Clover's tied to First Data means that you're under their processing umbrella which obviously adds complexity also on the reporting front Clover is basic lacking the depth that some businesses may desire so overall for smaller businesses seeking Simplicity and ease of use Clover could fit the bill but for those with more complexity the ride on the Clover train may come with too many bumps and my rating for Clover is 3.2 stars out of five not the worst but not the cream of the crop in the POS world now taking the third spot is Shopify so Shopify ruling the online shopping scene is no secret but what's got everyone buzzing is its move into physical retail with the Shopify POS system back in 2013 now what's the shop ify POS hype all about all because it's the perfect blend of Simplicity integration and flexibility since 2013 they've spread their wings to Android smartphones and iPads giving you a budget friendly POS system to handle all sales on the Fly ease of use Shopify POS Takes the Cake the mobile apps are so userfriendly you'll be accepting payments like a PR whether you're running a cozy store or rocking a pop-up shop the adaptability and long-term software performance would be a plus then the integration with your Shopify web store is smooth as butter making it a must for those wanting to nail the Omni chain retail game now how much will Shopify cost so the pricing plans are different for iners only and in person plus online selling for iners there is the starter plan for $9 per month and Retail plan for $89 per month for a single location and for both online plus in-person selling the pricing plans range from $25 to $399 per month so you you want my recommendation okay go with this Shopify plan for $65 per month if you are a small retailer with moderate POS needs not too basic and not too complex either however for a full-fledged loyalty program you'll need to download an app from the Shopify app store you can also go through the features details provided by these plans to figure out which one you should choose now let's talk about the cons some folks wish it worked online on Android and sure the hardware can cost a bit but honestly if you check the quality of service these are small issues now my review it syncs with the Positive Vibes out there despite a couple of hiccups the flexibility customizable pricing and an app Buffet make it a standout Choice okay so coming back to the list on number two is a very renowned name Square POS launched back in 2010 Square now has approximately 2 million sellers using its point of sale platform it was built when a small startup called Square co-founded by Twitter's Jack dorsy devised a simple solution that enabled merchants of all sizes to accept payments on their mobile devices Square's popularity is likely due to it being seen as a fintech alternative to traditional payment processors allowing smaller businesses easier access to accept credit card payments from their clients and it's true using Square you can accept payments in person or online unlike some other platforms Square goes beyond Payment Processing offering features like appointment booking free e-commerce store creation and banking services additionally Square also recently inv build a new feature for square online sellers that allows businesses to print their own QR codes on signs tables menus and so on so square is aimed mainly at food and also drink Outlets that have suffered badly during the pandemic it offers a contact list and largely touch-free way of boosting orders customers can use Apple pay Google pay or indeed Square pay to settle up once an order is completed then one of the advantages of square is its beginner-friendly approach they provide a free card reader for new users and offer the flexibility to add thirdparty apps for extended capabilities so you can guess that Square's primary focus lies in physical retail locations making it an excellent choice for businesses such as retail stores restaurants and salons plus Square also shines in the hardware department offering a diverse range of point of sale Hardware options then invoicing can be taken care of using squares built-in tools but thirdparty integration is also supported if you want to use other invoicing software plus the comp's invoicing tools support both oneoff and recurring invoices as well as installment payments and the best part is that square is also able to operate in an offline mode in the same way that more complex POS systems such as NCR silver POS now for those just starting or exploring the platform Square's free plan is an attractive option as your business grows Square accommodates this expansion by providing additional pricing plans such as the plus and premium versions offering more advanced features tailored for specific business types like restaurants retailers or appointment based businesses also I really like that this software has a genuine transparent approach I mean you only pay for successful car charges with processing fees that are generally competitive in the industry like the cost includes a onetime upfront Hardware fee of around $169 plus a little processing fees per transaction that vary if paid in person or online plus scores plans are extremely affordable with free plans to get you started and paid plans from $29 to $69 per month if you need more and yes Square does care about higher volume businesses by offering custom packages and volume based discounts then for merchants that wish to use their funds from square right away the company has created the Square card this MasterCard debit card gives sellers immediate access to their funds without the need for a bank transfer the card works at stores online and even ATMs with square providing an automatic 2.75% discount when you shop with other Square Merchants but I want to mention that while we found Square POS as a a great software we feel that the lack of modularity for options makes it difficult to use in the services industry such as the hospitality industry thus limiting its use to mostly Industries where physical goods are sold for example a billing module comes at a cost which we felt should have been included with the basic Square POS solution Square POS card payments work in certain countries and there is limited use in other countries so while the POS function is Universal card payments are not also Support options are limited and square you might have to rely on community forms or email support for help phone support is only available for higher tiered plans which can be frustrating if you need quick assistance so if you prioritize in-person sales and also want a POS with diverse Hardware options Square might be the right fit for you now before we move on to the next pick do me a favor hit that like button subscribe for more amazing videos and here comes our number one pick the very popular name that you might be waiting to see our top ranked POS software light speed in my book light speed is the Top Choice for both retail and restaurant businesses it's userfriendly feature-packed and constantly evolving to meet industry needs like light speed supports multi-site locations golf shops and restaurants it also has built-in e-commerce capabilities so it's a good choice if you're looking to expand online now what about Inventory management well this element is what sets light speed apart its granular inventory tools simplify managing large inventory across multiple locations you can send notifications when it's time to reorder items and creates single or multiple vendor orders so for medium to large businesses with complex inventory light speed is a solid Choice system offers flexibility for various restaurant types including features like PMS integration for hotels I also like that it includes a multi- menus for different areas of your restaurant Additionally the ability to set up different menus in different areas is a plus finally the go-to screen streamlines the ordering process allowing customers to choose pickup times and even curbside options so it's all about making the customer experience experience as smooth as possible then it has great reports that are very easy to read and understand and I must say that it's great to train new employees on because of its ease of use there are not lots of different things that you have to learn just Basics now let's talk pricing light speed aims to accommodate a wide range of businesses and the pricing is based on the number of locations as you can see for only one location the pricing ranges from $139 to $319 per month and I would recommend choosing this standard plan for $199 per month note that light speed's loyalty program is included in the advanced plan or can be added for an extra cost in other plans but I must inform you that getting a price for your POS system can be complicated because you need to factor in the cost of thirdparty processing and other add-ons so light speed offers a seamless experience whether you're handling transactions splitting checks or managing tables the system's intuitive design complete with customizable floor plans and detailed analytics makes it a winner for for both servers and managers so there you have it a quick rundown of the top POS systems but if you're still unsure I would like to remind you to check out the exciting quiz in the description box below answer a few questions about your POS needs and our tool will guide you to the ideal POS service so take the quiz now for personalized recommendations still if you want my verdict then as I always say it's clear that each option has its strength and also considerations if you're a restaurant owner looking for a customizable solution with a focus on email marketing toast seems promising Clover offers simplicity so it's best for simpler POS needs and might not be the best for complex needs whereas Shopify POS with its seamless integration and flexibility appears well suited for various retail setups however if you use the square ecosystem and have a small business square is a solid Choice it's basic but that might be all you need also it's an affordable option that will be the perfect match for a small store with basic inventory needs and finally light speed is the overall best one it stands out for its Inventory management especially for businesses with multiple locations plus it's userfriendly and has more advanced features and customizability that makes it stand out and also lead the POS market so that's a wrap if you've got questions or thoughts drop them below and if you found this breakdown helpful give it a thumbs up and also subscribe and hit that Bell so you don't miss out on future videos thanks for watching and we'll catch you in the next one