Call Today For a Free Demo: 303-309-1218
Email: info@smarterpos.net
The Best POS System Sales, Installation & Support
Welcome to Smart POS Colorado
Serving the hospitality industry for over 20 years, we are your local one stop shop for all restaurant, bar, quick service and retail point-of-sale POS systems in Colorado. We will successfully implement any POS configuration imaginable for your unique business. As hospitality professionals, we are dedicated to anticipating and exceeding you and your customer’s needs.
We pledge to provide you with the best products, service and price guaranteed.
Our local 365x7x24 support is unmatched in the industry.We install and connect point of sale systems spanning all restaurant segments:
- Quick Service POS System
- Fine Dining POS System
- Bar & Nightclub POS System
- Venue POS System
- Delivery & Takeout POS System
- Hotel & Resort POS System
- Casinos POS System
- Multi Unit establishments POS System
Smart POS will provide the most reliable and easy to use Point of Sale system and credit card processing services at the best price with superior service and support.
Call now to schedule a free demo: 303-309-1218
Designed as a turnkey solution that can grow with your business, Smart POS offers everything you need to efficiently and effectively manage your business. Smart POS can provide integrated time and attendance, integrated credit card payments, gift card & loyalty, inventory control, table side ordering & payment, real time alerts, mobile management & a robust back office to help increase revenue, cut costs & boost your bottom line.
Smart POS has over 20 years experience meeting and exceeding the needs of customers in all hospitality environments. Bring your business to the next level of efficiency and profitability with Smart POS.
Call us today at 303-309-1218 or email us to schedule a Demo.
Blog Posts are Below:
Category Archives: Cannabis Business
Point Of Sale System for Cannabis Business
In a cannabis business, a lot of activities and task takes place daily. Having a Pos system is all about creating ease in your business so that you can expand. Below you can find various ways in which cannabis retail POS system can help you:
(Source)
1. Improves Customer Experience
The instant sign-in feature can help your customers view their profiles and even add their names in the queue, so they do not have to wait in line. New customers can easily input their details in forms and create their accounts. This system can also highlight the recommendation list of your customers, depending upon their previous purchases.
2. Updating Menus
Whenever you add a new product, an efficient cannabis POS will automatically update all the details online and in-store. This feature can also help customers with product updates and product availability, saving a lot of time, and customers can place immediate orders.
3. Inventory Upkeep
Cannabis dispensaries are as busy as any other business when we talk about product inventory. The stock is continuously keeping up the inflow and outflow. That is why you need a retail POS system. You can accurately count your stock, and adding new products is an easy task. You can also set an alert to identify the limit of a product when it is about to become out of stock so that you can restock the specific products in time.
4. Cannabis Compliance Integrations
Good cannabis POS works according to cannabis compliance. Your dispensary should follow the rules and regulations so that it will not fail to function. If you are having an effective Point of sale system for your retail cannabis compliance, it will integrate and report the state system automatically, saving you a lot of time. Moreover, compliance should also include reporting sales numbers and inventory. If you integrate your business with compliance, which means that your business operations are according to law and order.
(Source)
5. Reduce Manual Hours of Employees
If the interface is easy to use, your employees can easily understand and learn. A POS system can help you train your budtenders and provide them with maximum information about your business, saving a lot of time. This system can provide information like prices, stock level, strain-description, etc. This system can also help your employees to improve and work efficiently with proper updates. This dispensary POS can also provide budtenders complete details and previous purchases of customers. This way, when your customer arrives at the store, your staff can help them even better.
6. Onboarding Employees
An effective POS will help in onboarding new employees faster. Your budtenders can easily understand the business using easy interfaces. This way, they can save time and start their job with energy. Budtenders can process transactions easily and can help customers by adding products in cart and checkout. Furthermore, they can also generate customer history and sales data, saving their training time. Budtenders can also operate features like sales alert that notify them when the customer purchase limit is exceeding.
7. Track Expenses, Security Checklists, and Sales Reports
With a good POS system, you can keep track of your daily expenses and create a detailed analysis of costs. This comprehensive analysis will help you generate sales reports according to the previous sales. You can plan marketing game, and revenue pitch for your dispensary based-on that data. POS system can also provide security of age-verified customers, and it is 100% secure as all the information of your customer is safe and private. This system is reliable as you can access and backup to maintain the security of your business data.
8. Automates Tax Reporting
This POS system automates all your business tax reporting easing your dispensary operation. You should select a POS system that can calculate applicable cannabis taxes. This feature can generate tax filing documents approved by the government, file taxes, and store cannabis sales. Not all the POS system has this feature. You need to search for a POS system that provides you this feature for your cannabis business.
Conclusion
A POS system is an essential need for your cannabis business. You need to look for the features that can improve your business process and security. You need to consider the features when choosing an ideal cannabis POS system for your dispensary. Svend Bramsoe at Smart POS offers you the best options for your dispensary point of sale.
Contact us at 303-309-1218 if you are looking for a POS system for your dispensary.
Colorado Cannabis Dispensary POS System
On November 6, 2012, the voters in Colorado passed Amendment 64, which received acceptance in January 2014. The bill was about to the legalization of cannabis – also known as marijuana.
Soon after the acceptance of the bill, people started building up cannabis dispensaries in the region. Although marijuana became legal, still all cannabis dispensaries owners had to get an approval of many state laws, apply for the license, and follow all the restrictions. Moreover, the special taxes on such stores are an indication that such businesses had to make tons of profits. Otherwise, the business might shut down.
Therefore, if you are planning to start or already own a cannabis dispensary, then it is important for you to look out for the perfect way to set a POS system for such a venture.
Dispensary POS Hardware
Electronic equipment that you need for a cannabis dispensary POS system is usually similar to any other POS system in any business. Such as:
- Cash register
- Cash drawer
- Bar-code scanner
- Pole display
- Scale
- Receipt printer
- Credit card terminal
Dispensary POS Software
The software for point of sale at a dispensary has to keep the specific requirements of this industry in mind. The software also creates a detailed report of every customer at the end of the month. That report goes to the respective government officials. Also, the report makes it easier for you to analyze business performance and increase your customer reach.
Pros of Dispensary POS Software
1. Effective Inventory Management
Stock at the grocery store sells slower than the cannabis stock at the dispensary. Therefore, it easy for dispensary POS software to keep a track of inventory, thus, increased efficiency and greater profit margins.
2. Secure Your Business License
Dispensary POS software contains a programming structure that abides by all the government policies and restrictions. For this reason, a monthly report has to go to the government for approval. It saves the company’s license from cancelation.
3. Specific Software, Less Struggle
The dispensary POS software is highly specific and requires only one person to monitor everything. As a result, the business saves a lot from hiring only a few employees, adding up to the company’s profits. The system software performs more than half of the operations on its own. Therefore, the company doesn’t have to invest in the training of the employees
Cons of Dispensary POS Software
1. Risky
According to the latest researches and studies, cannabis heal some serious medical conditions and chronic pains. Therefore, you should set the right limit and program all set of rules and regulations into the software. You have to make sure that the software prints an accurate report.
2. Hard To Find Business Partners
A product that has earned the legal status just now can return to its old status again. Thus, the owners face difficulty in finding the investors that can help build personalized software for the business.
3. Staying Updated Seems Tiring
The owner has to keep checking for any new laws or restrictions. After that, they have to make changes accordingly in the software. This can be highly tiring and expensive at times.
If you want to get a personalized POS system for your cannabis dispensary, then contact Smart POS, and make the most out of your venture.
Call today: 303-309-1218
Marijuana Dispensary POS System, Printers & Terminals
Marijuana Dispensary POS System, Printers & Terminals
With the legalization of marijuana becoming more popular, especially in the state of Colorado, so is the importance of staying ahead of the competition. POS systems with smart inventory tracking can help you stay on top of your customers order patterns to ensure you never run out of their favorite products. On the flip side, you don’t want to stock your dispensary with products that aren’t popular and don’t sell.
POS analytics and modern technology can recommend to you what products to order and even automatically create orders for you to guarantee you never run out of items.
Dispensary analytics
With so many strains and hybrids available on the market, you want to do everything you can to help your dispensary stand out from the crowd. Some POS systems even give you access to general market data across the industry, which is incredibly helpful in understanding the latest trends.
Marketing at dispensaries
Analytics give you high and low level views of your customers spending patterns. How often do they come into your business? At what time of day is the highest amount of traffic? You can use this information to enhance your marketing tools and create loyalty programs to incentivize your customers to keep visiting your dispensary.
Many POS systems also offer referral programs. Incentivizing your top customers to refer their friends to your business is a great marketing tool that creates passive income. Your customers do the work for you, and are happy to receive a reward for their word of mouth efforts.
Compliance and reporting
Similar to a bar, keeping track of inventory and weighing products is extremely important for the cannabis industry.
Weighing for inventory
Cannabis sells by weight, rather than by item, making theft harder to spot. A POS system helps to keep a record of daily weights and can alert you if something doesn’t add up. This limits the possibility of employees skimming your products and causing damage to your profits.
Weighing for sales
Cannabis also needs to be weighed as part of the checkout process. Rather than a two-step process of weighing and inputting the numbers manually into a register, many cannabis POS systems come equipped with integrated scales. These scales automatically weigh and populate prices in one smooth step, preventing human error and speeding up the checkout process.
State laws & compliance
Each state has different laws about how many ounces can be sold to each customer per day. Your POS system will keep a log of your customers and easily alert you if a customer is trying to purchase more than the legal limit.
Terminals & printing
A nifty tool that dispensary POS systems offer is the ability to print labels for cannabis containers. Because so many different cannabis options exist, yet look so similar, it’s extremely important for customers to be able to keep track of their purchases. Labeling also makes your business look more professional and helps your budtenders stay organized.
Contact us today to schedule a consultation with Smart POS.
Investors are Backing Marijuana Businesses at an All-Time High
With many states legalizing recreational marijuana and commercialization becoming a hot topic in the industry, it’s no secret that more investors and entrepreneurs are entering the sector now than ever before. Cannabis is even starting to play a role in the stock market, with more major marijuana stocks expected to appear as we approach 2020. But hidden behind the mainstream remains a bustling market of boutiques and delivery services that generate billions in revenue, creating a market that tops all other crops combined. Most of that income is being generated by small to medium sized cannabis businesses, many of which are starting to attract investors of their own. With that said, here are a few reasons why investors have become so keen on cannabis business in recent years:
Better Accounting and Regulations
With the advent of specialized Point-of-Sale (PoS) systems designed specifically for dispensaries, investors are beginning to take note of how well-managed many marijuana businesses are. From a safety standpoint, investors like to mitigate risk by only backing companies that are committed to consistent record-keeping and reporting. Likewise, they like to put their funds into industries that are well-regulated, as those tend to be more stable than the previous Wild Wild West state of affairs that the cannabis industry has largely graduated from.
Consecutive Decades of High Product Demand and Value
Aside from recent advancements in cannabis business management, the industry’s historical track record also makes it an appealing investment choice. For many years cannabis has maintained a remarkably high value per pound when compared to all other medicinal herbs and agricultural products. When you consider the fact that a pound of broccoli sells for about $1.80, whereas a pound of premium cannabis sells for $2,000+, it’s obvious why any savvy investor would want in on that opportunity.
More States and Jurisdictions Becoming Cannabis-Friendly
Perhaps the primary and most self-explanatory reason why investors are really starting to jump on the cannabis bandwagon is the recent wave of acceptance that has seen marijuana becoming medically and recreationally legal in more than half the states in the U.S.
Using a PoS is an Essential Step in Soliciting Investors
Since most investors will want to see a record of some level of success before they’ll believe in your business, it makes sense to keep track of everything digitally. A good cannabis PoS makes it possible to record every single order in the most accurate and comprehensive manner. Such transparency and accountability are always positive attributes in the eyes of prospective investors.
If you’re interested in making your marijuana business more appealing to investors, contact us today to schedule an appointment with Colorado’s leading cannabis PoS consultant.
Once you’re ready to upgrade to a PoS, it makes sense to take advantage of a free consultation with one of Colorado’s leading cannabis PoS consultants before continuing. So, contact us today!
To learn more about the advanced features and capabilities of a cannabis PoS system, contact Colorado’s top PoS consultant at 303-309-1218 for a free consultation.