Did you know that nearly 50% of inventory shrinkage comes from employee theft? It's a bigger problem that most retailers think. And you shouldn't overlook this expensive problem because it can happen to you. To help you avoid these unpleasant experiences, I'll start by giving you 10 tips to control theft by using your POS system
Simply Accounting, together with ICON Retail Management software, have produced and priced for small retail business a simple, cost effective accounting and point of sale solution that gives you more time to spend running your business.
After entering inventory and categories into your point of sale software (as discussed in our last article), you can use your software to gain more control of pricing, reduce errors, hit price points, and increase your overall profit margin by 1% to 5%!
Your first tip is a very simple, yet very powerful method to increase profits. And it's something you need to start doing right away! Let me explain...
