Cash Registers Work
A cash register is
the right solution for a very small restaurant.
Some restaurants are so small that a computer
system will never pay for itself.
But for everyone
else, a computer system will save you money as
long as you keep a reasonable budget in mind.
You need to weigh the costs of the system versus
the savings. And please keep in mind that
you are not done paying for the system when your
initial check clears. You'll
probably spend another $20-$50 per month for as
long as you own it for routine things like
service & support.
So how do you
know if a computer system is right for you?
Complete this calculation:
.025 times ANNUAL
SALES = POS
If you are doing $500,000 per year, do not spend
more than $12,500 on your POS system.
If you adhere to this formula, you should break
even in 9-15 months on average.
The average life
of a computer system is approximately 48
months... after this amount of time, the service
costs & repair interruptions will mandate
replacing the POS system. The following
chart illustrates the life cycle of a POS