Epos Now Resources

Welcome to our Resources.

Explore the latest trends and insights, as well as advice on how to thrive in the retail and hospitality sectors.

shrink

What is Shrink (Shrinkage) in Retail?

Shrinkage is the difference between the optimal sales profit from the expected stock levels and the actual profit earned from stock that was sold.

Published on 8.24.2021

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What is Market Pricing?

In this blog, we explore what market pricing is, how itโ€™s applied, how itโ€™s arrived at, and what it can tell you about your business.

Published on 8.20.2021

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How to Calculate Gross Profit Margin

Keeping an eye on the gross profit margin is very important for most businesses to stay healthy and viable for the long term. In this blog, we discuss the gross profit margin and how to calculate it.

Published on 8.20.2021

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Best Business Level Strategies to Help You Deliver Value to Customers

A business level strategy refers to the combined set of actions a company takes to deliver more value to their customers, thereby giving them a competitive advantage.

Published on 8.19.2021

prestige

What is Prestige Pricing and Why Does it Work?

Prestige pricing is when a business sets their prices high, or higher than average, in order to attract customers. The psychology behind prestige pricing is ingrained within a lot of people, thanks to well-known phrases like โ€œBuy cheap, buy twiceโ€, or โ€œYou get what you pay forโ€. Many people associate high prices with good quality, which is why this strategy works.

Published on 8.19.2021

software

The Best Small Business Software for 2021

Here is our breakdown of the most useful, affordable, and effective small business software for 2021. Software for taking bookings, e-commerce, marketing, accounting and bookkeeping, and point of sale.

Published on 8.18.2021

restaurant

10 Important Restaurant Manager Duties

Restaurant managers are tasked with an overview and insight into basically every aspect of the restaurant. From the various roles, procedures, and business goals, junior employees and senior managers rely on managers for support. We take a look at some common restaurant manager duties.

Published on 8.17.2021

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What are the Average Hotel Manager Duties?

Hotel managers need a range of skills to be able to meet the duties that their jobs demand. Here are some of the most important duties a hotel manager is likely to have.

Published on 8.17.2021

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What are the Duties of the Average Store Manager?

In this blog, we examine the average duties of a store manager so that you can develop a great employee that will help take your business to the next level.

Published on 8.13.2021

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