Getting a point of sale system for your bike shop

Thursday, May 27, 2010

When looking into getting a Point of Sale system for your bike shop you must take several factors into consideration. You need to keep your cost down while boosting your effectiveness and productivity. Some of the things you will need to think about will include but will not be limited to cost, methods of payments, and effectiveness. Many people rush into this process but this is a major purchase and a major decision. This ultimately could be the factor determining if you keep your doors open or not.

The most important thing to most people is the cost of the set-up and system itself. If you go with a traditional POS system you can expect to pay anywhere from $800-$3500 for the license or another route some take is what’s referred to as “software-as-service” will run between $50 and $300 a month typically. Another thing you must remember is the hardware to run the software you purchase, such as scanners, label printers, credit card readers and so on. This will run you anywhere from $800-$2000.

Another important thing to determine is what types of payments you wish to accept, since this will be a bike shop one would assume you will need to be accepting credit cards. With that said you must pick out where you want to open your merchant account from as well as you will need to set-up your gateway and integrate that gateway with your POS system. A suggestion that most people would give you is to pick your software first and then you merchant next. It is easier to match the 2 if you know which software you are going to run upfront. If you have any trouble you can typically contact your software vender

Hopefully this article will help you with your journey that is a head of you, remember, don’t rush into this, it is a major decision.