This may be a bit confusing but I thought that it would be helpful to share the worksheet that I use at my workshops that helps retail stores and restaurants calculate a point of sale budget. Using your annual gross sales, along with data showing areas were a point of sale system generates a Return in Investment (ROI), results in a sound way to know what you can afford when it comes to point of sale systems.
Here is the worksheet specific to retail stores - I have a different worksheet for restaurants that I will post at a later date:
Since the workshop itself provides more details and instructions, visit my contact page if you want to schedule a time to go over the worksheet in more detail or obtain help completing it.
-Kevin
Offering point of sale general advice, consulting, and sales/service to independent retailers and food service businesses with between 1 and 50 store locations in the United States. Special focus on Pet Stores, Hobby Stores, Goodwill and Similar Thrift Stores, Book Stores, Gift Shops, Cannabis Retailers, Nursery and Garden Centers, Museums, Gift Shops, restaurants, and bars as well as Beer, Wine and Liquor Stores.
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