How To Do a Stock Take

This read will discuss the basics of stocktaking & how stocktake can help your laundry and dry-cleaning business. You’ll also learn how to do a stock take in the most efficient way possible.

What is a stock take?

Stock take is more like recordkeeping. You count & record the availability of stock at your end. It is important to update your stock accounting at frequent intervals to keep aligned with the stock status.

How does stocktaking help?

  • Shows the current status of cash held up in stock
  • Allows you to maintain cash flow
  • You get to know when your stock needs re-order/replace

The bonus benefit of stocktaking for Commercial Laundry Services is they can prevent staff from misusing cash. Cash payments received from customers must be updated with the EPOS system mandatorily.

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Stock vs. Inventory

By referring to stocktaking here, you may be confused if they mean inventory or what! Though these terms are synonymous, they’re different. Stock is mostly referred to as the products you’re selling as your daily business operations. Inventory refers to the items you’re making, storing, or selling your stock.

How often you should do stocktaking?

Do it at least once a year. Alternatively, you may do it quarterly, monthly, or weekly at your convenience. Whatever timeline you choose, make sure you’re doing it with reporting perspective. Stocktaking helps you with all the details of the orders, inventory & the way your staff is handling cash flow.

Find details like orders pending to be collected by customers and the number of customers who haven’t paid or collected their orders. It even helps to identify loopholes like payment collected from the customer but pending to be updated with the till.

The advantages of stock-taking are beyond your imagination. By doing it regularly, you can benefit your laundry and dry-cleaning business in numerous ways.

Importance of Stock-taking

1) Staff cannot mess about with the cash

Some of your staff members may take cash from the customers and don’t make entries (intentionally or unintentionally) in your system. If you’re conscious enough about regular stocktaking, you know every detail regarding cash flow. You can thus identify any missing entries.

2) Improves cash flow

Stocktaking helps you with the current status of orders left to be collected or paid by the customers. Customers can be further informed to collect their orders or pay the pending amounts respectively.

3) Prepaid Customer

With stocktaking, you have the benefit of order & payment status of customers. If they’ve prepaid cash and the order is pending to be collected then customers can be informed regarding the same.

4) Customized Reports

As an entrepreneur, you should have an eye on reports as and when necessary. Stocktake reports are crucial for dry cleaners to see the number of customer orders arrived, are under process, and are about to be collected. Also, customer details like account number and contact information are legit so they can be called to get their order paid & collected.

How to do a stock take with Clean Touch EPOS?

Below are a few steps that will explain How to mark items as ready.

Step 1. Scan the barcode below to put the scanner into inventory mode

Step 2. Scan all the orders in the shop

Step 3. Go to the system, navigate to System> Utilities > Stock Take, and Scan the Barcode Below

Step 4. Scan the barcode below to transmit all records

Step 5. When all the barcodes have been transferred you will hear a beep. Wait for a few minutes to ensure all barcodes have been transferred and then select ‘UPDATE’.

The system will update barcodes and print out the stock take Exception Report.

A Report will show up on the screen, navigate to the top bar and select ‘PRINT’ then select ‘OK’, and then select the printer you want to use if you want to print it out on the A4 Printer, select the name of the printer for example ‘Dell b1120 Laserjet’ if you want to save it as a PDF Document on your computer, don’t select the A4 Printer, select CutePDF Writer’ and then save the doc.

Step 6.  If everything has updated then Scan the barcode below to clear all records stored in the scanner

Step 7. Scan the barcode below to put the scanner back into normal scanning mode.

Level up your Stock-taking with Cleantouch EPOS

Every business has to identify its best way for stocktaking. Here is how laundry and dry-cleaning services can upscale their stock-taking.

  • Upgrade to Barcode Scanner

Manual counts seem legit when you’re a small startup. As your business grows, it should be fledged with the latest technologies that minimize efforts and chances of errors. A little mistake in recording stocks correctly can cause you that last-minute mess you cannot afford. Thus, have a barcode scanner installed that records hundreds of incoming inventories in no time.

  • Keep the Shop/Factory Clean

You own a laundry and dry-cleaning business. So, you cannot afford to keep the premises untidy. Disorganized and messy surroundings make an unpleasant impression on your customers. It also increases mistakes on your end.

  • Always use the best software

From the moment you wake up till you sleep, you’re using technology. So, why keep your laundry and dry-cleaning business away? Use the latest Cleantouch EPOS software exclusively designed for inventory, staff & customer management. It is a powerful combination of hardware and software that automates everything with the highest accuracy. Manage your business smartly by investing in the right software. Would you not like to manage everything with single software?

Avoid errors and manage your stock with Axcess IT – Cleantouch EPOS. This is to be said a few. There is more to gift your business with our EPOS. Drop your inquiries now! We are ready to assist.

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What is a Point of Sale (POS) Transaction?

Point of Sale (POS) Transactions are more common than you think. They’re increasingly popular among small and large businesses. Even laundry & dry cleaners are preferring EPOS Systems for legit backend and customer management. If POS seems something unfamiliar to you, you’re at the right place.

We’ll discuss all the basics of POS transactions here.

What is a POS Transaction?

As the name suggests, a point-of-sale transaction is the payment processing of goods/services while checkout (be it in person or online). Generally, businesses use POS systems for processing payments with several options like credit/debit cards, cash, electronic payment, etc. To accommodate several types of payments, a POS system is set up with hardware and software combined.

POS hardware consists of cloud-based POS Software, a card reader, and a cash register. It can be accessed whenever any POS Transaction occurs. The attached software will collect the data regarding transactions and marks its entry in the company’s records.

Even though POS systems are advancing to cloud-based levels, provisions for cash are still available. In short, it is here to accommodate all types of payments made to the business alongside facilitating feasible record-keeping. Besides this, POS transactions are utilized beyond payment processing & they help in giving quick analytics, custom filtered data, bestselling products, inventory management, and much more.

For instance, a laundry and dry-cleaning service setup can now get data like the total number of orders per day, loyal customers, types of laundry orders, inventory stock, etc. with their EPOS Software. Not just this but they also help in making efficient use of staff skills.

Leveling up from general data gathering, such systems serve as a powerful data center for re-targeting customers via efficient marketing strategies. Thus, it is possible to have a sustainable customer base besides getting new walk-ins. It is extremely convenient to grow your dry-cleaning & laundry business the smarter way.

Benefits of POS Transaction

A well-setup Point of Sale Transaction center makes a whole lot of difference for any dry cleaning & Laundry business and any given business. It simplifies day-to-day transactions & allows businesses to have useful insights on how to increase revenue.

1. Increased efficiency

You can save a big amount of time by accepting payments through the point of sale. It increases the efficiency of your staff as they don’t have to enter payments manually or keep records of payments received via phone. Every Point of sale (POS) transactions automatically enter in the record book along with the type of payment mode used by the customer. If it is a repeated customer order, the payment details will be updated and a new order entry will be created accordingly. You can imagine how efficient it is to have a POS system that takes care of everything while your POS staff is only interacting with the customer.

2. Boost cash flow

As stated above, all POS transaction types can accommodate in one system. Whether your customer wishes to pay via card, cash, or Internet banking, everything is acceptable. Hereby, when your customer pays via cash, you have an additional channel available for boosting the cash flow of your business. It makes a positive impression on the customer that their cash payment is accepted, no matter how advanced your POS is.

3. Deliver better & convenient payment experiences

Flexibility in POS transactions reflects a positive image of your business. Your customers are happy and satisfied which means an enjoyable customer experience. They’re more likely to return to your services and because of that your loyal customer base increases. All this can be achieved with the flexibility of POS payments!

Former Benefits of POS Systems for Laundry & Dry-Cleaning Services

Let us have a look at some additional perks of this system specifically for Laundry & Dry-Cleaning Services.

✔️ Fewer possibilities of errors
✔️ Anytime-anywhere access to customer details
✔️ Manage inventory, staff & customer details with single EPOS software
✔️ Get customer-specific data with customized filters
✔️ Re-target customers who have stopped arriving at your business
✔️ Utilize EPOS software for re-marketing
✔️ Protect payment frauds
✔️ Better control over inventory & order management
✔️ Make efficient use of staff
✔️ Generate order receipts & re-print lost receipts for customers within minutes
✔️ SMS on Ready

 

what is a point of sale transaction

How does a POS Transaction work?

You can call it a POS transaction from the moment a purchase is made and funds flow into the business account. Here are the simple steps explaining the process.

✔️ Get payment information from the customer via a POS device

✔️ Information is routed according to the type of POS transaction

✔️ If payment is via electronic mode then it’ll be authorized via the network

✔️ The customer’s account is debited and the business account is credited with a confirmation receipt generated using a receipt printer

✔️ In case your business accepts cash payments then you can batch payment once or twice a week for settlement
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How is the POS set up for accepting transactions at the merchant end?

Regardless of the types of goods/services, you’re dealing with, the following setup is common for POS transactions at the merchant end:

✔️Barcode scanner

✔️ Card reader

✔️ Internet-connected device (be it a mobile, tablet, or cash register)

✔️ Receipt printer

These physical devices are meant for scanning and delivering outputs while payment processing is taken care of by POS software. Such a setup could be a standalone POS terminal, semi-integrated, or fully integrated POS terminal depending on your budget.

Types of POS Transactions

In short, how your customer pays for the goods/services defines the type of POS transaction. And the type of POS transaction can vary every time a payment is made (because of different payment modes). These are the types of POS Transactions:

Signature POS Transaction: You can find such transactions in localities where chip and pin are less accessed. This transaction requires the signature of the customer for manual processing.

Credit/Debit Card POS Transaction: Payments made via credit or debit card through machine swipe is called credit or debit card POS transaction respectively. The debit card usually doesn’t add any points or build better credit scores as a credit card does.

Cash POS Transaction: The business offers goods/services and customers pay via cash. This is the simplest possible transaction.

Install Axcess IT EPOS that works for your laundry & dry-cleaning better than a bunch of employees!

As you’ve already explored the basics and benefits of a POS, you must be curious to find out how it can benefit your business. We’re here with a smart, efficient & customized EPOS system that is specially designed for laundry and dry-cleaning services. It records the orders and keeps eye on everything even after the order is delivered. This system is designed for giving insights into how the customer base can grow and outlines areas requiring improvement.

FAQs

1. What is the point of sale vs. point of purchase?

The only difference between point of sale and point of purchase is perspective. If you look at the transaction from a business point of view then it is a point of sale while it is a point of purchase for customers. Not only the checkout point but the entire store or specific goods/services provided by the business could be the point of purchase for customers.

2. How is a POS transaction charged?

The cost per POS transaction varies according to the type of transaction and POS solution. Commonly, the point-of-sale transactions made are online, keyed transactions, or credit/debit card transactions.

3. What is EPOS Software and how it is different from POS?

An EPOS is an electronic Point of Sale which is an advanced version of traditional POS systems. EPOS can be accessed via smartphone or tablet or PC from any part of the world. This system offers the flexibility of data access with customized features like customized data filters and more.
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How to Grow a Laundry Pickup and Delivery Service Business

Laundry delivery service doesn’t sound new, right? Most laundry businesses now offer free or chargeable collection & delivery services. Some businesses are still unaware that it can be the biggest turning point for them to grow their revenue. The nominal charges for hiring delivery drivers can drive great revenue for your business. In case you’re wondering what to let us explain. Also, we’ll see how modern Clean Touch EPOS can be a game changer for laundry & dry-cleaning services.

Market Your Services & Team up with Other Local Businesses

Targeting specific customer groups is one of the best ways to grow your business. Rather than just targeting your usual domestic/retail customers, it may be worth trying to contact hotels, restaurants, gyms, salons, and other businesses which would require a laundry service business to clean their items on a regular basis.

Through promotional efforts, you should also be aware of where your target audience would see your ads. As online marketing is preferred more, you can spread the word with social media marketing, share positive customer reviews, and run sponsored ads. Secondly, you can distribute flyers and implement laundry marketing strategies for local promotions. The more your visibility is, the more you’ll be approached. Let traditional and modern promotions run side by side to get your phones ringing.

Besides this, make sure your social media accounts are well-managed with attractive content. We’re living in an era where customers check your social media profiles before approaching even laundry services. You’ll make a positive impression with everything up to the mark.

Pinpoint Organization

Unlike previous times when laundry businesses were managed with manual recordkeeping, we’ve progressed a lot. Nowadays, EPOS systems are the latest & smartest recordkeepers you’ll ever have. Not only your laundry pickup and delivery business will be streamlined, but you’ll also be automating dozens of crucial tasks for effortless management.

Let us share a few awesome features of how EPOS systems work.

Customers can log in via a web-based app and select the number of items & book orders. They can add payment details and choose a collection date too. As the booking is confirmed, the dry-cleaning store will be notified via the EPOS system in the store. According to the specified laundry pickup and delivery dates, a customer visit will be scheduled. The same details will be displayed on the delivery driver collection sheet. The delivery driver will visit the customer’s location, collect items & deliver them to the specified address after dry cleaning.

The key is to stay organized with your in-house operations. Organizing reduces stress, improves business functions & helps you deliver quality services to customers. 
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Regular Collection & Delivery

Consistency is the key to growing a laundry business. With this said, when you get an order for pickup and delivery, make sure it is lined up for the delivery driver. Laundry businesses that offer customized collection and delivery schedules are often preferred over those that don’t. Similarly, being there for collection and delivery will create a professional impression, just as it should.

Laundry pickup and delivery service are managed effortlessly with EPOS. Clean Touch EPOS runs according to customer preferences. It gives free hands to customers for selecting collection and delivery dates. Customers think that your business is giving special attention to their orders. Here you win!

Retarget Nonactive Customers

Don’t let your laundry business weep for losing customers! It could be painful for most laundry services when their regular customers don’t return. Axcess IT Clean Touch EPOS can be helpful here for finding out customers who haven’t placed any orders in the recent past. You can get their metrics, send exclusive offers via SMS, and do your part for attracting those loyal customers again.

Needless to say, winning back old customers seems more beneficial than hunting only for new customers. You have all the customer details by your side already. Moreover, you know their preferences and as they have experienced your services, you can tell them they’re being missed. This could be the cheapest way to grow your laundry services.

Management Reports

The metrics page with Clean Touch EPOS allows you to see order performances, revenue, and so on. But when you’re willing to grow your pickup and delivery services, go to top-selling items & filter by delivery contribution. This section will display the most popular items for pickup and delivery. Smart marketing teams utilize this data for structuring promotional campaigns. The logic is simple – you should focus on what the customers need and your revenue will increase.

Furthermore, you can also filter popular orders according to walk-in customers and customers who place orders via the web-based EPOS app. In short, exploring some key areas with Axcess IT Clean Touch EPOS software can help you grow your laundry business with the least effort.

Laundry on demand

Managing a laundry business can be very time-consuming. Businesses thus start outsourcing major tasks. Starting a laundry business could be a great idea initially but it can take great effort to manage it & grow your revenue. Growing a laundry business demands attention and knowledge of the right tools to make it hassle-free. Thus, the concept of laundry-on-demand is one of the coolest ways to provide services to your customers without having them visit your location.
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FAQs

Is Laundry Business in demand?

The laundry business was in demand, and it is & would always be demanded. People with the hustle-bustle of daily life need someone who can take their headaches for laundry care. This opened opportunities for laundry businesses – both commercial and homely.

Is there any technical support team available to troubleshoot customer queries?

Yes, Our technical support team will be available to assist you with your queries from 7 am – 5.30 pm.

Who are the popular users of laundry businesses?

No wonder it is a commercial setup or home, everyone needs someone to take care of their laundry. Over the top, people traveling more often need laundry care the most. Secondly, working professionals and students are regular customers because they have a shortage of time for laundry & dry cleaning.

What is a POS Terminal & How does it work?

Whether you’re using a traditional or modern point-of-sale terminal, we’re all relying on this system for managing businesses. From the supermarket to dry cleaning and laundry businesses to local retailers, everyone has a POS installed. Thanks to technology, this system is consistently evolving and you may be called old-fashioned if you don’t have an EPOS.

We’re specifically referring to dry cleaning and laundry biz that must have an EPOS for obvious reasons. Just like any other niche, this industry has modernized in every possible way and the growth is still in progress. By the time you want your business to thrive, having a powerful POS can make a whole lot of difference. Especially, when you own a laundry and dry cleaning business in the UK, you should never settle for less. Let us go through the basics and see the difference you can make with modern EPOS till.

What is a POS Terminal?

As the term suggests, a POS terminal is nothing but hardware linked with software that enables processing orders and payments. Traditionally, cash registers were used as POS while modern POS includes a smartphone with plugged-in card readers. Similarly, countertop terminals with barcode scanners, receipt printers, and cash drawers are classic examples of modern POS.

No wonder modern POS is getting advanced and they can be accessed via smartphones and tablets too. Well, it all comes down to the budget and convenience of your business. Talking about dry cleaning and laundry services, these businesses mostly prefer a countertop EPOS that is smart and efficient. EPOS till the software is enough to carry out major business functions without leaving the desk. It allows different useful data to be accessed by the counter staff and manager. EPOS Software allows you to thrive your business just the way you want & without stressing on core business operations.

Needless to say, EPOS is an advanced POS which is an electronic POS with better accessibility and features your business craves.

Key Highlights

  • A POS Terminal is hardware linked with software that allows transaction processing alongside making other business operations smooth.
  • Dry cleaning and laundry services can benefit a lot from modern point-of-sale terminals. It allows them to process orders, track customer history, access analytics, and reports, manage staff data, and more in one place.
  • Top Dry Cleaners & Laundry Businesses are gracefully switching to EPOS Tills for smart business management.
  • Getting an EPOS installed can save you tons of effort & mind everything without losing focus.
  • EPOS is the best thing you can get for your business.

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How does Point-of-Sale Terminal Work?

This entire system consists of hardware and software. Hardware includes a computer, a card reader, a cash drawer, and a printer for receipts.

We’ll look closer at the Point-of-Sale Terminal with an example of dry cleaning and laundry business. For instance, you own a laundry business and have POS installed for processing customer requests. As soon as a walk-in customer arrives, you enter their basic details i.e. contact information in the system, number of laundry items to clean i.e. your order, and accept payment for the order. You accept different modes of payment i.e. online payment, credit/debit card payment, and cash. For cash, you have a cash drawer. For credit/debit card payments, you have a magnetic card reader. And for online payment, you have different internet payment gateway options. Once the transaction is complete, the terminal will print the receipt or mail the same to the customer’s Email ID. In other words, an order confirmation receipt will be sent to the customer for further reference.

Apart from this, you get advanced filters to view customer orders by date, number of customers by day, month, or year, and more. This is to be mentioned as a few, you’ll find more efficiency with the EPOS.

Now you know how a POS works. The POS Terminal Machine is utilized for processing transactions. When you’re using an EPOS Till system, the same POS Terminals for Sale is capable enough for displaying analytics and other essential data to entrepreneurs.

How is the POS Terminal system integrated?

As mentioned above, this system is a combination of hardware and software that is used during checkout. The billing counter has POS installed where payments are made and invoice is generated. Let us share the hardware and software components involved.

Hardware components

pos terminal

Hardware is used for completing payments and sending receipts.

  • POS Barcode Scanner
  • POS Touchscreen Display
  • POS Receipt Printer
  • POS Cash Drawer
  • POS Computer

Features of Software 

The software makes POS productive and beneficial besides processing payments. Its major features are as below:

  • Sales
  • Quick Drop
  • Telephone Validation
  • Collect
  • Basic Collect & Deliver Module
  • Item Tracker
  • Workload Management
  • SMS Customer Notifications
  • Review Orders
  • Day End
  • Shift Management
  • Expense Management
  • Invoicing & Account Management
  • Staff Security
  • Staff Clockwork
  • Staff Holiday and Absence
  • Staff Targets
  • Management Alerts
  • Stock Take Module
  • Customer Service
  • Price Matrix
  • Royalty Card Module
  • Disclaimer
  • Agency Module
  • SMS& Email
  • Outsourcing Cleaning / Alterations
  • Sundry Goods Management
  • Automatic Stock Re-Ordering & Task Scheduler
  • Report Scheduler
  • Automatic Backup (USB+ FTP)
  • Customized Ticket & Stub
  • Garment Imaging
  • E-Mail Tickets & Receipts

These features will just get you started. There is more to expect with a smart EPOS by Axcess IT.
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Benefits of POS Terminal

  • Improve customer experience
  • Generate reports
  • Smooth in-store operations
  • Data analytics and management
  • Track and manage items
  • Customer loyalty programs
  • Process payments securely
  • Prevent frauds
  • Speedy billing and checkout
  • Integrated hardware and software solutions

There are more benefits to reap with EPOS Till Systems. If you own a laundry business in the UK then our EPOS can make it easy for you to manage day-to-day business operations as well as analytics simplified. Selecting the right POS for your laundry and dry cleaning business can make you sail smoothly. In case you want to upgrade your take on POS then our EPOS is a must-have.

Give it a try and you’ll never be back to the old-school POS again. That’s a promise!
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How To Use a Till?

Tills are welcomed with arms open by dry cleaning and laundry businesses. This blog is all about how you can use EPOS Till System for smart order processing, CRM & more.

We’ll start with the basics first & then explore how till system works.

What is a till?

In simple words, you can relate till to a cash register. It is the heart and soul of the business. Besides collecting payments, tills are something you can plan your business around. Thanks to advancements in technology, traditional tills are now known as EPOS tills (Electronic Point of Sales). Modern tills allow businesses to reach new heights besides taking payments. They’re allowing businesses to handle the admin side with bite-size information, manage staff, do stock management, and more smoothly &  effectively.

What was impossible for traditional till to do instantly is now accessible via EPOS tills. Moreover, if you’re into dry cleaning and laundry services then EPOS is a major helping hand. Learning how to employ this modernized system at your disposal can lead to major time saving and a big move to upscale your business.

How does a till work?

An EPOS till system is a combination of hardware and software. As stated above, a traditional till is a cash register. Taking it further and modernizing the same, EPOS till is attached to a cash drawer, receipt printer, barcode reader, and card reader. They’re linked with some hardware for automated payment processing, inventory and sales reports, and other essentials in one place only.
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How to use a till in a shop?

Technology is a promising way to get your things done smartly. But it still seems a daunting task for many. In case you’re using a till system and willing to continue with the same then this blog will make you reconsider your decision. Well, we’re here with the simplest way to use an EPOS till in your shop. This instance is all about EPOS for laundry and dry-cleaning services. Most EPOS work in a similar fashion though.

Step – 1: Power ON your System

Find a good place for your system with a nearby power source. For instance, a countertop with an electrical socket built on the floor is an ideal space to operate from. Plug in the system, turn the power ON and you’re all set to operate an EPOS. Meanwhile, your system must be accessible to the internet for processing online payments. (just in case any customer insists).

Step – 2: Configuration

Our Axcess IT – Cleantouch EPOS is one of the best till systems for dry cleaning and laundry business. Once your system is powered on, the till has everything ready to operate. The till is customized according to your latest price chart and has a list of the types of linen, outfits, towels, bedsheets, etc for legit access. When a customer order is received, all you have to do is select the type of laundry & pricing will reflect accordingly. Billing and order processing is faster, hassle-free & error-free too.

In case you want a management report then it can be accomplished in minutes. Look up the ‘System’ on your screen, and go to ‘Reports’ & different types of reports will be visible. Click on the respective report you want to generate at the moment. Not only this but also each report can be filtered further. Select the kind of data you’re looking for at the moment & it’ll be displayed in a fraction of a second. Be it a financial report, sales report, item tracking, staff, or anything else, our till tracks everything for you.

So, how is this list configured? We, at Axcess IT, customize and configure the till as per the client’s needs. A data file is created in which the client shares the service details, price list & reverts. We then upload this data file with the latest running services & prices in your till. Tada! Your till is ready with everything you want handy.

Step – 3: Calculating the Cost

Use Axcess IT – Cleantouch EPOS for calculating the individual billing cost of the customer. Enter customer details, order details & prices will be assigned to the items received. The automated calculation will give the final amount to be paid by the customer. Not only does our EPOS help with current bill processing but allows you to view the order history of the same customer.

For instance, if you want to see how many orders are received from a particular customer then here is how you check it.

Go to ‘Sales’ from the Menu at the top, select ‘Reports’ & enter ‘Mobile Number or  Customer name’. Select ‘Order History’ and you’ll be viewing all the past orders with the date and other order details.

Step – 4: Payment Collection

Payment Collection - epos till

Depending on the type of payments you have with your till the payment options will appear. Thanks to EPOS, you can even accept online payments, card payments, contactless payments, or even payments via mobile apps. In case the customer makes payments then the cash drawer will open so that your money is secure.

Step – 5: Print/Email the Receipt

Print-Email the Receipt - axcess-it epos system

Most businesses insist on providing receipts to customers. You, too, can provide a payment receipt to your customer with a paper bill or email the same. Different receipt options are available with our EPOS till. Select the one you want to proceed with & you’re done.
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The Best Till System for Dry Cleaning and Laundry Business

By the time you’re here, you already know how a till works and how you can use the same. But it is also important to choose the right EPOS for your business that is customized according to your requirements. Axcess IT helps you choose the perfect tools and insights to allow your laundry and dry cleaning business to thrive.

We design an EPOS till for dry cleaning & laundry businesses such that it benefits you in the way it should. Here are a few of the many benefits of Cleantouch EPOS:

✔️ Understand customer behavior and create marketing campaigns accordingly

✔️ Makes ‘lost tickets’ easily accessible with just an order number/customer details

✔️ Allows you to frame accurate price charts according to your services

✔️ Integrate payment gateways as per your convenience & user preferences

✔️ Generate staff management reports for analyzing individual performance

✔️ Curate strategies for better team management

✔️ Lets you focus on business areas that matter

✔️ Keeps your EPOS secure so that you don’t have to eye on CCTV 24*7

✔️ Email as well as print receipt options for billing details

✔️ SMS on order ready

✔️ Remote access from any corner of the world

Get your EPOS till with the industry’s leading firm. Cleantouch EPOS is not just a modern till, but an experience that’ll become a part of your business. We’re just a call away. Feel free to connect via WhatsApp or Call.

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What is EPOS Systems and How does an EPOS System work?

If you want to switch to time & cost-effective business management systems then EPOS is just perfect! Not only it helps businesses be more productive but also drives sales with some resourceful insights that thrive your biz. Let us have a look at the key points for the EPOS system that’ll give you an idea of what it is. In addition, you’ll find out how to utilize EPOS Till System for your business effectively.

What do you mean by EPOS Systems?

EPOS stands for Electronic Point of Sales. EPOS Systems indicate a set of hardware and software empowering businesses for faster, more accurate & hassle-free management. These systems have become an indivisible part of routine business operations. Thanks to the convenience it offers, it is also adapted by all niches including dry cleaning and laundry businesses.

Benefits of EPOS System

The former benefit of this Electronic Point of Sales system is to ease the lives of managers. Owners & staff. Here are the benefits you avail with them:

  • Efficient Inventory Management
  • Customer Relationship Management
  • Seamless Business Integrations
  • Time & Cost Efficiency
  • Reporting Capabilities
  • Mobility of Access
  • Increases Customer Loyalty
  • Hassle-free Inventory Management
  • Contactless Payments

No matter what type of business you manage, an EPOS system in the UK is a life-saver. It makes you a modern entrepreneur who manages the backend smartly for a better outcome. According to some statistics, EPOS brings you closer to that 73% of business analytics data that could have been lost otherwise.

In other words, the nitty-gritty of EPOS ensures you have an eye on every detail of your business. It brings all the vital information to your fingertips so that you don’t miss out on making big decisions. This system brings valuable insights before you for smart business management.
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How does an EPOS system work?

The traditional till system is the major inspiration of EPOS. Its configuration is simple too – your POS hardware is linked with POS software and they form a system together. This system is a setup that records your transactions, takes payment & shares sales analytics.

However, your EPOS is more capable than the traditional till system. It utilizes your POS data for collecting user information, creating advanced business reports, and integrates with accounting too.

In addition, it comes with an inbuilt loyalty system that focuses on how to increase customer loyalty for your business.

Simply said, it has everything you would have asked for in effortless management of business via EPOS. EPOS Systems help manage day-to-day tasks beyond processing transactions by accurate inventory management with real-time reports.

EPOS System for Dry Cleaning & Laundry Services: A Case Study

Ronny & his father had a small laundry business in Manchester, UK. They recognized that their niche has more competition & they should improve with garment care services & customer care services. Also, they need some way to span their customer outreach beyond walk-ins. Just like any long-term entrepreneur, Ronny was willing for new revenue streams for his business. He wanted to study customer behavior closely & noticed two major changes:

  • Tech-enabled delivery service
  • Customer Loyalty

The competition is high and figuring out such improvement areas requires immediate action. Ronny didn’t want to spend tens of thousands of pounds on this. He installed Axcess IT – Cleantouch EPOS with impressive features like:

  • Order collection
  • Credit card integration
  • Garment tracker
  • Accounting management
  • Marketing campaigns
  • Secure EPOS
  • Staff management reports
  • Customer loyalty program

As stated above, his concern was to adapt tech-enabled delivery service and boost customer loyalty. Both of these goals were achieved with this EPOS. Besides this, he is now able to manage his laundry business across devices. Thanks to Axcess IT, Ronny got a powerful tool that improved his day-to-day efficiency. He had reports handy whenever required and he got the moves too. It got so much easier for him to retain customers, get feedback & provide better laundry & linen services.

A quarter later, he witnessed impressive growth in business processing. His revenue sky-rocked to thousands of pounds with numerous new customers. Also, they were able to retain customers through CRM & bring back dead customers through marketing campaigns. He is now busy setting new goals and making strategies in achieving them.

How to get started with Axcess IT – Cleantouch EPOS?

It is one of the smartest EPOS to run for your dry cleaning & laundry business. Whether you want to automate business operations for a single store, multiple chains of shops, or a large setup, it has you covered. Besides updating you with inventory, business operations, and staff, it handles order updates to be sent to customers. All essential information is accessible & responded to in real-time. The best part is it makes remote business management possible by logging in to the system via any device from anywhere in the world.

Why don’t you try the smarter way of managing dry cleaning & laundry services?

If you think EPOS can be a transformational move for your business then don’t think too much. Contact Axcess IT for Cleantouch EPOS today!
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What is Electronic Point of Sale (EPOS) and its Advantages?

Any business wants to optimize its routine and administrative functions. Here’s when the need for an efficient Electronic point-of-sale system is felt. It eases routine business activities by making them time and cost-efficient while allowing POS operations to be seamless. Entrepreneurs can focus on increasing revenue and more of the activities that drive business growth. This is just a glimpse of what an Electronic Point of Sale (EPOS) has to offer.

Transitioning from traditional to technology is a demand of time too. With this said, let us take you through the basics as well as the benefits of an EPOS Till System.

What does EPOS stand for?

EPOS stands for “Electronic Point of Sale System”. It allows customers to make payments for goods/services with more convenience. On the other hand, it becomes legitimate for businesses to manage business activities effortlessly & enhance customer experiences.

This gift of technology is extremely helpful for dry cleaners, laundry businesses, and anyone existing as a vendor. Moreover, it can be implemented by any niche.

It is brilliantly capturing essential data on sales and products. This data is then utilized for sales reports and other business decisions. You can be in any corner of the world and still be able to track, monitor & handle the performance of your business securely. As the system doesn’t require any prior knowledge or training to operate, anyone can get their hands on EPOS and use it successfully. Just a few things to learn about & you’re all set to use your EPOS.

Before you make any assumptions, let us share that it is not just another till system. EPOS Software is way too smarter & has better functionality, reporting, user-friendly & all things good.

How does Electronic POS work?

A best POS system is an upgraded version of a traditional cash register, combining it with modern computer technology to make retail operations smoother.

When a product’s barcode is scanned, the system quickly calculates the total price and allows customers to pay using cash, cards, or contactless methods. It can also send digital receipts via email
or text for added convenience.

These systems come with touchscreen monitors, keyboards, POS printers (thermal printers and dot matrix printers), a computer or an AIO [ALL IN ONE PC], and barcode scanners, making data entry easy, ensuring accuracy, and speeding up customer service. Businesses use them to process sales faster and improve overall efficiency.

EPOS System Setup

The Advanced EPOS systems available these days, such as Clean Touch EPOS, are designed to overcome the drawbacks of traditional POS systems. They offer functionalities tailored to your business and requirements. In addition, they’re bridging the gap between what a POS system does & how businesses can make the process more efficient.

An EPOS consists of:

  • Touch screen computer
  • Barcode scanner
  • Receipt printer
  • Cash drawer
  • Software for operating the EPOS

You can get this set up in varied configurations, shapes & sizes.

The EPOS Management System has two key elements: hardware and software. In the first case, hardware is set up according to the requirements of your POS. So, the accessories and everything concerning the same can vary from business to business. Secondly, the software is customized according to business requirements. A customized, high-speed, and efficient EPOS management software seamlessly records sales, generates reports, sends SMS/email marketing notifications, and manages backend business operations with precision.

EPOS systems can be expected beyond payment processing. They reliably manage inventory and recordkeeping while easing a lot of administrative tasks. The modern EPOS is capable of many more things that optimize business management and brew customer satisfaction too.

In a nutshell, EPOS directs a business toward growth. That’s all that matters!

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EPOS vs. Traditional Cash Registers

EPOS systems provide significant advantages over traditional cash registers, including:

➤ Advanced Inventory Management – Offers real-time stock tracking for better control and reduced shortages.

➤ Comprehensive Reporting – Generates detailed sales insights to support data-driven decisions.

➤ Multiple Payment Methods – Accepts cards, mobile payments, and contactless options for customer convenience.

➤ Enhanced Customer Experience – Stores purchase history, enabling personalized service.

➤ Greater Efficiency – Automates manual processes, streamlining operations and saving time.

A look through the Global EPOS market

The global EPOS market is rapidly expanding as businesses embrace electronic point-of-sale solutions to enhance efficiency and customer experience.

With advancements in AI and mobile payments, businesses are shifting to smart EPOS systems for faster transactions and better inventory management. The demand for contactless payments and seamless integration with e-commerce platforms is driving market growth. As businesses modernize, the EPOS industry is expected to grow significantly, offering innovative solutions for various sectors.

Key Considerations When Choosing an EPOS System

electronic point of sale (EPOS)

1. Business Needs & Industry – Select an EPOS system that aligns with your business type (retail, hospitality, healthcare, etc.).

2. Ease of Use – A user-friendly interface ensures quick staff training and efficient operation.

3. Hardware & Software Compatibility – Ensure the system integrates well with your existing devices and software.

4. Payment Options – Choose an EPOS that supports multiple payment methods, including cash, cards, and digital wallets.

5. Inventory Management Features – Look for real-time tracking and automated stock alerts.

6. Data Security & Compliance – Ensure the system offers encrypted transactions and follows industry regulations.

7. Scalability – Opt for an EPOS that grows with your business, allowing easy upgrades.

8. Customer Support & Maintenance – Reliable technical support is essential for smooth operation and troubleshooting.

Advantages of Electronic Point of Sale

1.  Accurate Sales Tracking: Monitor sales with precision and gain real-time insights into business performance.

2. Detailed Sales Reports: Generate filtered reports to identify top-selling products and optimize inventory.

3. Faster Checkout Process: Integrated barcode scanners reduce queues and speed up transactions.

4. Seamless Payment Processing: Supports card payments, mobile wallets, and contactless methods for convenience.

5. Reduced Transaction Errors: Automated calculations minimize human errors, ensuring accurate billing.

6. Inventory Management & Stock Alerts: Keep track of stock levels and receive alerts before running out of essential items.

7. Real-Time Data & Reporting: Access sharp, real-time insights with comprehensive details for smarter decision-making.

8. Better Business Decisions: Use data-driven reports to make informed and strategic business choices.

9. Centralized System Management: Easily configure and control multiple store locations from a single platform.

10. Scalability for Future Growth: A flexible system that adapts as your business expands.

11. Loyalty Programs for Customer Retention: Encourage repeat purchases and build customer relationships through reward schemes.

12. Enhanced Business & Customer Experience: Streamline operations while ensuring smooth and efficient service for customers.

13. Higher Profit Margins: Optimize sales and reduce losses, leading to improved revenue.

14. Customer Records & Order Management: Store customer details and efficiently book orders for better service.

15. Collection & Delivery Management: Ensure timely order processing and smooth deliveries to customers.

16. Order Tracking System: Keep customers informed about order status and readiness.

17. Staff Management & Payroll Monitoring: Track employee working hours and generate payroll reports effortlessly.

18. Prevention of Internal Theft: Enhanced security measures help protect against in-house losses.

19. Data-Driven Business Strategies: Use analytics reports to refine marketing strategies and operational efficiency.

20. Boost Business Turnover with Marketing Tools: Leverage built-in promotional features to increase sales and customer engagement.

Final Thoughts

Customers are likely expecting more from businesses. Also, you would like to thrive in your business growth and outgrow the competition. No matter if you’re a manufacturer or retailer, investment in an EPOS will be worth it. It is time to move on to this future-proof system that manages all essential business tasks securely.

Get your business a well-groomed & powerful EPOS with cutting-edge technology from us. You’ll swear by the user-friendliness, brilliant features & everything you’ve ever imagined an EPOS to do for you!

Axcess IT – Clean Touch EPOS software is everything your Dry Cleaning & Laundry business needs right now! Get set for efficient business management effortlessly. The software will do it all.

Shoot us an Email or call on customer support and our team will reach out soon.

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What is an Epos Till System and How does an Epos System Benefit a Store?

EPOS till system is becoming an integral part of laundry biz & how! In case you’re still managing laundry services manually then EPOS till systems can make you more empowered & efficient. Switching to EPOS Software could be the best decision you would make for your laundry business.

In this blog, we’ll be digging into the nitty-gritty about EPOS Till Systems. Also, we’ll share where you can get Customized EPOS till system at affordable rates.

What is the EPOS till system?

EPOS stands for Electronic Point of Sale system.

It is nothing but a combination of POS hardware & software that sums up to EPOS till system. The software will be employed at dry cleaning & laundry retail business outlets in an accessible form. This software will help owners manage laundry orders more efficiently. It eases order processing, checkout & inventory management smoothly. EPOS Till Systems share a detailed analysis report every month for a precise review of sales & more.

Believe it or not, EPOS is a better replacement for POS/cash register/ticket books. It has made laundry & dry cleaning functions more accessible for employees. Therefore, it ensures that laundry processing is convenient and efficient just as it should be. It seems more like a gift of technology. Business owners can access the entire system anytime & anywhere on the go.

What are the benefits of EPOS?

Here are the benefits of the EPOS till system. Well, you only understand its importance & usefulness until you install one for your laundry outlet.

Marketing: The EPOS system allows you to record customer behavior, regarding what they purchase and when is the last time they visited your store. This information can be used to facilitate Marketing Campaigns to increase turnover for your business. Whether it be a voucher campaign, loyalty point systems, or Direct SMS Marketing, the EPOS System has you covered.

Lost Tickets: Losing your ticket could be the worst nightmare for those managing them manually/traditionally. As you know, tickets are very important for a laundry system. If lost, you have to spend hours searching for them. Here is when you need EPOS till system for efficient handling of tickets. This software will let you know the availability of stock, to whom it belongs & where you can get it. Simply enter the customer name/details in the EPOS system & you’ll be displayed with their order number. Ticket found!

Pricing: Pricing your services is a crucial part. EPOS systems allow you to quote your services accurately. If you are pricing your services well, you can benefit accordingly. For instance, keeping up with pricing updates in the laundry sector and applying the same to your outlets respectively would help you benefit differently. Moreover, you can maintain transparent pricing with your customers without any second thoughts.

Credit Card Integration: This is an inevitable function for busy cleaners. You’ll have all the records beforehand during billing so that you know who owes you what. EPOS system tracks cash flowing in with automatic billing. You can manage auto-billing for credit card transactions which means you don’t have to collect any amounts from the customer during delivery. This saves you an insane amount of processing time.

Staff Management Reports: EPOS works like a third eye that keeps a watch on how your business is thriving. It analyzes consumer behavior with the business precisely. This allows you to analyze overall business performance and curate strategies for improvements whenever required.

Security: Axcess IT believes that a system should be able to pick up on any suspicious activity without you being present or without you going through hours on CCTV. Axcess Systems are built to pick up on any suspicious activity, allowing you to focus your time and energy on other aspects of the business.

Managing Account Payments: For your on-account clients, the Axcess system allows you to generate invoices for all account clients with the click of one button; it will either automatically send out the invoices to the customer via email or print out the invoice on an A4 Printer (depending on their preference). The accounting feature also allows you to take payments, send statements and write off stock.

How to use EPOS till systems?

EPOS functions are similar to your traditional POS system. This means you don’t need any special training for using EPOS till systems. Also, Touchscreen EPOS System offers more convenience for access. However, EPOS has add-on features over traditional POS systems.

An EPOS is designed according to user-specific requirements. Hence, it is more customized and shortcuts are available for easier access. As compared to its predecessors, it has advanced specifications like modes of payment, etc. These are some of the functions that are directly synced with the internal database.

Booking in: Axcess iPos System will allow you to efficiently book Cleaning & Alteration orders in a comprehensive way, enabling you to capture important details required per order via text, color, and picture. The ‘Axcess iPos Booking in Screen’ keyboard can be customized however you see fit. The customer can have their ticket printed or emailed to them, eradicating the issue of losing tickets and offering a greener option.

Garment tracker:  The Garment Tracker allows you to keep a record of the location and status of each order, allowing you to dispatch orders that will be processed off-site per supplier, and track items back into the system when the orders are ready to be railed. This feature also allows you to manage your workload and enables you to prioritize your workload based on delivery date.

Collecting Orders: The Axcess iPos System allows you to process collections in various ways, ranging from scanning the customer’s ticket or entering the customer’s name to find their order. The system allows you to carry out partial collections and allows customers to collect multiple orders in one transaction. In regards to customers who have forgotten to collect their orders, the Automated SMS Messaging system is able to remind them after a set period of time.
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How do EPOS machines work?

The working mechanism of an EPOS machine is equivalent to traditional POS systems.

For instance, your POS software and hardware are synced & a system is created for recording all the sales transactions. Your POS system usually performs tasks like generating advanced business reports, integrating accounting, collecting user data, having an inbuilt loyalty system, etc.

On the other hand, an EPOS has all the features provided by POS & more. Your EPOS will have a customized report facility and it has data stored & accessed via the cloud. This falls as a bonus for busy managers who aren’t available at the outlet all the time. They can access any desired report anytime & from anywhere.

EPOS is available in distinct forms & your laundry business can choose to access it via any suitable device. It can be installed with Touchscreen devices like smartphones & synced with hardware like printers, scanners, cash drawers, card readers, etc. You don’t necessarily have to install a computer during checkout. Even your tablet can do the job. That’s smart!

Let us take you through how our EPOS machines work…

  • We have our web-based app developed for dry cleaners and Laundry in which the dry cleaners customers can log in, select the items & book the order of their clothes.
  • They can also store their card details and select the collection delivery date.
  • Once they have booked the order, the Dry cleaning store will be notified through our EPOS System in the shop for whichever delivery and collection date is set.
  • After that, the customer visit (i.e. customer details) will appear on the delivery driver collection sheet or the driver app.
  • Accordingly, the delivery driver will go to the customer’s house and collect the garment and deliver it back after dry cleaning.
  • This web-based app is compatible with all mobile and tablet devices.

How can Axcess IT – CleanTouch EPOS system help me run my business?

Axcess IT – CleanTouch EPOS system is for all those budding entrepreneurs associated with the laundry & dry cleaning business. Our systems are successfully installed & easing the lives of well-set laundry businesses already. We aim at minimizing efforts & utilizing work hours with optimum productivity. As you spend less time with manual processing, you can invest interest in business areas that require undivided attention.

Here are a few of the many reasons that make you want EPOS Till System as soon as possible:

  • Most sophisticated software & easy to use
  • Fully customized software as per client requirements
  • Most advanced features
  • Fully secured
  • Technical support

Besides this, our CleanTouch EPOS offers benefits like:

  • Ease of Use with minimum training required
  • Customization as per your work environment
  • Affordable pricing with custom payment plans
  • Strong backup of the technical support team
  • On-site configuration & training via experienced staff

Words are not always enough. And so, we would rather let you experience our technical wonder practically. Unleash the power of technology with smartly developed software. See your excess burden of laundry management fading away in no time. Our EPOS system Till UK is a big hit for a reason…

Why don’t you give us a call now?! Our experts are here to get you sorted with the best-in-class EPOS solution for your dry cleaning & laundry business.

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Best Marketing Strategies for Dry Cleaning and Laundry Business

Dry cleaning and laundry services are vital to communities. If you own dry cleaning or laundry business, it is important to market your business services. This post will review some of the best marketing strategies for laundry and dry cleaning businesses.

The Future of The Professional Dry Cleaning and Laundry Business

Dry cleaning is a process that has been around for centuries. It was first developed in the Middle Ages and used to clean various items, including clothing, curtains, and upholstery. Despite its long history, dry cleaning is still an important service used by people all over the world.

While the dry-cleaning process has remained largely unchanged over the years, the dry cleaning business has evolved. In the past, people relied on dry cleaners for their clothing needs. These include the following:

    • The proliferation of fast fashion: with the rise of fast fashion, people are buying more clothes and disposing of them faster. This new lifestyle has resulted in a reduction in demand for the laundry business.
    • The growth of home laundry appliances: with the advent of washing machines and dryers, more people are doing their laundry at home. This has also contributed to the decline in people’s need for dry cleaning services.
    • The rise of alternative fabrics: With synthetic fabrics’ popularity, there are now more options for people regarding their clothing. These fabrics are often easier to care for and do not require professional dry cleaning services.

 

All of these factors have impacted the dry cleaning and laundry industry. As a result, the dry cleaning business model needs to find new ways to market its services to stay relevant and competitive.

Proven Marketing Strategies for Your Businesses:-

 

Now that we have discussed some of the challenges facing the dry cleaning and laundry industry let’s look at some proven marketing strategies that these businesses can use to stay afloat.

  1. Include Laundry service in the business

You can add a laundry service if your business focuses on dry cleaning. Laundry services are often more affordable than dry cleaning, making them appealing to budget-conscious consumers. Add carpet cleaning, curtain washing, and bedding cleaning to appeal to a wider range of customers.

Including a laundry service in your dry cleaning business is a great way to appeal to a wider range of customers. It can also help you boost your dry cleaning business revenue and bottom line.

  1. Use Technology

In today’s digital world, technology is a powerful marketing tool. There are various ways that the dry cleaning and laundry profession can use technology to reach their target market.

One way is to set up EPos software to boost inventory efficiency. This POS system for small businesses can help them to keep track of their inventory and sales. It can also help customers manage their orders and payments. Businesses can provide a better customer experience and increase sales.

  1. Promote Yourself on Social Media

Social media is a fun, and powerful marketing tool businesses can use to reach their target market. Platforms like Instagram, Twitter, TikTok, or Facebook can reach billions of users worldwide. This makes them ideal platforms for promoting dry cleaning and laundry businesses.

When using social media to promote your business, it is important to post high-quality content that will appeal to your target market for dry cleaning marketing. You should also create daily or regular content and build relationships with your followers through active interactions such as using the Live Video features.

  1. Try Different Ways to Gain New Clients

There are many ways to gain new clients. One way is to offer special discounts for certain services or introduce a coupon system. These initiatives are great to help you attract new customers and make them want to try your services.

Another way to gain new clients is by offering loyalty programs. A loyalty program will help build relationships with existing customers and encourage them to return to your business. Offering referral programs to your existing customers can also help to market your business. You can quickly gain new clients and boost sales by offering these programs.

  1. Use Print and Traditional Marketing

Even though digital marketing is important, you should not forget print and traditional marketing. You can use many strategies to use these traditional marketing tools to reach your target market.

One way is to distribute flyers and posters in high-traffic areas. You can also place ads in local newspapers and other printed reading materials such as magazines or tabloids. You can also use direct mail to reach your target market. Advertise in the yellow pages or use billboards to reach a wider audience. Using this dry cleaning advertising, you can reach your target market and boost your sales.

  1. Stay Focused on Your Local Area

When marketing your dry cleaning business, it is important to focus on your local area. This is because most of your customers will be from your local community.

There are many ways to market your business. You can participate in trade shows and fairs. You can also offer discounts to local businesses with employee uniforms. Focusing on your local area can build relationships with customers and gain loyalty.

  1. Grow Your Laundry Business With Axcess IT Help

If you are looking for an all-in-one solution to manage your dry cleaning and Laundry business, Axcess IT is the best choice for helping out to grow your business since 2001. Our solutions are on demand and it has helped over 150 business across the globe to accomplish their goals. So, If you are willing to boost your sales get in touch with us today.

Axcess IT help can provide a management system that allows you to monitor and record the work in your laundry business. This will help you see what is working for your business, and you can make changes or improvements where it’s needed. With this system, you can track your inventories, manage your team, and monitor your finances.

Using these cleaning business marketing plans, you can reach a bigger target of customers and increase your business revenue. Utilizing all of these strategies will give you the best opportunity for success. However, it is important to keep in mind that marketing strategy for the cleaning business is an ongoing process. Business owners should always find new and creative ways to reach the target market and expand their businesses. Contact Axcess IT to learn more about how we can help grow your business. Our team at Axcess IT would be delighted to discuss your marketing strategy for the cleaning business.
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POS System for Small Business

As a  small business owner, you might be considering a POS (point of sale) system to help streamline transactions and better keep track of your inventory. But with so many options on the market, it can be hard to know which system is right for your business. 

You want to make sure you choose a POS system that will be easy for both you and your employees to use and has the features you need to run your business smoothly. So we’ve put together this guide on POS systems. We’ll cover the different POS systems and their features to help you make the best decision for your business.

What Is POS?

Point-of-sale (POS) is where a customer completes a transaction with a merchant. A POS system is used to record the sale and collect payment from the customer. You can use this system in physical stores, restaurants, dry cleaning, and other businesses. 

A POS system typically includes three important variables which are:

  • Hardware, such as a cash register or terminal; allows you to process the sale and accept payments. 
  • POS Software: provides the ability to track inventory, customers, and sales; it can also include features like loyalty programs, marketing campaigns, or gift cards. EPOS software is one POS software designed for businesses with an eCommerce website and a physical store. 
  • Payments: The POS system is used to collect and store client transactions. This data may be used to handle payments made in cash, credit cards, or via mobile devices and route the money to your bank account after each transaction.

When Do You Require A POS System? 

When starting with a small business, you can get by without a POS system. Instead, you can use a simple cash register or an Excel spreadsheet to track your sales. But soon, you will find that as your business grows, you need a more sophisticated system to help you keep track of inventory, customers, and sales.

A POS system can do more than accept and record sales transactions. It can also track inventory, manage customer data, and generate reports. This data can help you make the best decisions about your business.

Important Components of a POS System

There are several important components of a POS system. These include the following:

  • Cash Drawer: If your business is cash-based, this is where you store the money you have collected from sales. 
  • Receipt Printer: This component prints out receipts for each customer transaction. Some POS systems allow you to email or text receipts to customers. 
  • Credit Card Readers: If you accept credit cards, you’ll need a card reader compatible with your POS system. Secure and EMV-compliant credit card readers are required. Non-compliant merchants may suffer significant financial losses as a result of fraud liability.
  • Barcode Scanners: This component automates the process and allows you to scan barcodes during checkout. You may also use barcode readers with inventory management systems to automatically alter stock levels based on bar code scans.

Important Guidelines When Choosing a POS System

After you have determined that you need a POS system, you’ll need to choose the right one for your business. It’s important to understand what component features are necessary for your business to help you decide. Here are some important components to look for in a POS system:

Costs: The initial setup and payment processing costs (for example, monthly or per-transaction fees) should be considered. 

Fees: Aside from costs, you must also consider POS software fees, equipment/rental fees, and other monthly or annual charges. 

PCI compliance: specifically how you handle payments, connect your systems, and safeguard consumer data

Mobility and flexibility: this includes the ability to accept chip or PIN cards, NFC payments such as Apple Pay and other contactless cards, and whether you can connect wirelessly

POS system features: choose the features that fit your business needs.

The Benefits of Using a POS System for Credit Card Payments 

If your retail business isn’t using a POS system to process credit card payments, you’re missing out on some important benefits. The best POS system for retail store can help you save time and money by streamlining the credit card payment process. It helps manage customer data and generate reports. In addition, it will help you keep track of your inventory to alert you when you are running low on a product. Finally, a POS system will allow you to run your business more efficiently. 

POS System for Small Business

If you have more than one location, POS systems can help you manage all your locations from one central system with their multilocation management features. You can keep track of sales, inventory, and customers across all locations.

Factors To Consider When Choosing Best POS System for Small Businesses

If you have decided that a POS system is right for your small business, don’t forget to consider these factors to select the best POS system for your small business:

Price & Subscription Fee: The upfront cost and monthly subscription fee are important factors to consider when choosing a POS system. 

Payment processing options: You should consider what type of payments you want to accept and make sure the POS system can process those types of payments. 

Features:  You should consider your needs and ensure the POS system has those features. 

Ease of use: The POS system should be easy to use to train your employees quickly and efficiently. 

A POS system can save you time and money by helping you keep track of your inventory, customers, and sales. Axcess IT can help you choose the right POS system for your business. If you’re ready to purchase a POS system, contact us today for a free consultation.
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