Compared with the cost of an electronic cash register, a point-of-sale system can be much more expensive but might be worth the investment if you find a system tailored to meet the needs of your business. Retail POS systems are designed for small and large businesses that operate in different types of industries. The overall cost of a POS system includes the cost of the software license for each user in addition to the expense of a POS terminal, cash drawer, scanner, card reader and printer for every workstation you set up. Add to that the optional cost of extended warranties, which can be a worthwhile expense for protecting your investment. Despite the cost, if your business is growing, a POS system can help improve productivity, thereby increasing your profitability.
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