Credit Card Processing

Tablet POS Systems for Higher Checks and Faster Turnover

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You’ve probably seen wait staff carrying tablets to let customers pay tableside, or noted the sleek, low-profile systems at trendy bars. While many smaller establishments use a tablet at the counter, Olive Garden, Panera Bread, and Chili’s are among the major restaurant chains using them at tables. These tablets allow diners to view menus, order …

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Buying Groups

ProSource Review

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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: ProSource Industry/Specialty (if applicable): Consumer electronics/home entertainment Number of members: 500+ Website: http://www.prosourceinfo.com/ In 2008, the two groups formed a strategic alliance, and by the end of 2010, they officially merged to form ProSource. As of 2016, ProSource does over …

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Business

Before Profitability: How Long Until You Run Out of Money

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With a good understanding of your costs, margins, and sales, you can calculate exactly how long you’ll be able to stay in business. More importantly, you can use those figures to make informed decisions so you can survive longer, and get a plan in place for achieving profitability. Defining Profitability First, let’s define profitable. At …

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Credit Card Processing

Using a PayPal Account In Store: Cards and the PayPal App

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A few years back, PayPal reached deals with Visa, Mastercard, and First Data (now Fiserv) that enabled easier payments offline using PayPal. Those agreements came as Apple Pay began ramping up its use in online transactions, PayPal’s bread and butter, so it’s no surprise the company began taking in-store payments more seriously. Let’s take a …

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Buying Groups

NATM Corporation Buying Group Review

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This review is part of our directory of buying groups/group purchasing organizations.  Buying Group Name: NATM Buying Corporation Industry/Specialty: Appliances/electronics Number of members: 11 Website: http://natmcorp.com/ NATM was founded in 1970, but offers very few details about the group on its website. Strangely, there’s no information to be found on what NATM stands for, and …

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Buying Groups

Introduction to Buying Groups and Group Purchasing Organizations

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As a small business owner, money is always at the front of your mind. Reducing expenses and smart financial management are essential to success. There are dozens of ways to shrink expenses, from minimizing your credit card processing fees to automating common tasks. One option you might want to consider is joining a buyers’ group …

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Credit Card Processing

Square Capital Partners with Upserve

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Square Capital and Upserve In mid-August, 2016, Square Capital announced an alliance with Upserve, the restaurant management software company that purchased Breadcrumb earlier the same year. The startup claims to manage approximately $8 billion annually in transaction volume. This joint venture will make the Square Cap loan program available to selected Upserve customers. For the …

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