Some thoughts from my Point of Sale Technology workshop presentation specific to franchise concepts:
- Many retailers/restaurants sell their retail concept as a franchise
For $100,000 to $250,000+, someone can purchase everything they need to open a retail store/restaurant with support and guidance from a franchise HQ
- Many are including point of sale systems within the franchise fee
- Keeps the franchisee honest when it comes to paying royalty fees
- Provides varying level of controls over product pricing
- Allows for a level of consistency between franchise locations
- Examples include Other Mothers, Scales ‘N Tails, Wild Birds Unlimited, Pro Image Sports
- Above applies to restaurants as well
As a reminder, I am not currently
affiliated with any point of sale companies or manufactures but have 14
years of experience working with retail, restaurant, and museum point of
sale solutions. You can reach me at 208-340-5632 (business hours - mountain time) or
kevinantosh@gmail.com if you have any point of sale related questions.
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