Thursday, January 30, 2014

Point of Sale Systems for Franchises

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 if you have any point of sale related questions.

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