How Much a Restaurant POS System Should Cost
For most restaurant owners, purchasing a new POS System encompasses extensive research and demos with numerous vendors. At the end, many restaurant owners end up making the final decision based on the least expensive system after doing all that research and spending time searching for the best system.
POS system for your restaurant is not always what you pay for. There are different types of systems and pricing structures; some are expensive while others are cheap. Getting an expensive POS system does not necessarily mean better system and less expensive does not mean better value.
It is impossible to compare quotes from different vendors offering POS systems because the systems differ in features and functionalities. Rather, when you are analyzing your Restaurant Pos Cost, it is vital to focus on how different costs will result in value.
Now the question arises, what you should be paying for and how much you should be paying for?
When it comes to purchasing a new restaurant POS system, the hardware is one of the basic upfront costs involved in the process. The cost of the system depends on the type of the system you are intending to purchase for your restaurant. Previous legacy systems usually have the largest hardware costs which may go up to tens of thousands of dollars. However, modern cloud based systems utilize tablet hardware that is often more affordable for the restaurant owners. That is why it becomes hard to compare upfront hardware costs among different tablet based POS systems.
Rather analyzing the total cost of the hardware, the focus should be on the cost of each line item. How do the cost of the handheld tablets and counter terminals compare? Each additional item costs some money and that is why there is no point to compare. Generally speaking, tablet based systems should cost somewhere around $1,500 for a terminal bundle and $500 for a handheld tablet bundle or package. Additionally, you are also likely to purchase new kitchen printers or kitchen display screens and a router.
In order to utilize a hardware, you need a software. The hardware needs to be reliable and durable enough so that the software can be utilized in the fast paced restaurant environment. The software fee can also vary significantly between the systems.
When you are trying to determine the price of the software, you should know how it is going to define the value for your restaurant. The subscription of the software should include 24/7 support either on phone or via email. The updates and features should also be free. For a majority of the restaurants, it is ideal to pay a little more for the support when they need it and they always have the most up to date systems available.
While choosing a POS system, it is advisable to choose a hardware system that can run the latest software and take into account all the updates and may not become obsolete with the advancements in software.
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