Search thousands of topics on CostHelper

BROWSE ALL TOPICS >> babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business sports weddings
CostHelper > Small Business  > Point of Sale System

Point of Sale System Cost


How Much Does a Point of Sale System Cost?

 
low costLow: $1,500-$2,500high costHigh: $15,000+
post Post    

A Point of Sale (POS) system is a computerized process which rings up sales, produces detailed reports and automatically tracks inventory It generally improves the accuracy of a company's records and can be easily expanded as the business grows.

Typical costs:

  • Retail or restaurant single-register "starter kits" range from $1,500-$2,500; more elaborate, multiple-station systems with features such as touch-screens, automatic ordering and sophisticated reporting capabilities can cost $15,000-$20,000 and up.
  • IBM[1] has POS systems starting around $1,999-$2,499, but costs can increase up to $4,000 or more per station.
  • Microsoft[2] offers its Retail Management System starting at $1,290 for a single store with one cashier's lane.
  • QuickBooks sells its Basic POS software for $800, a Pro system for $1,050 and a multi-store version (up to 10 sites) for $1,400; with hardware included, prices start at $1,750.
Related articles: Merchant Account Service, Cash Register, e-Commerce Website

What should be included:
  • At the core of a POS system is a standard computer running specialized software and hooked up to a cash drawer/machine, a monitor and a receipt printer; depending on the price, a POS system may also include a bar code scanner and a credit card reader. POS systems are often sold pre-configured, or those with technical expertise can buy the components and software separately, and add additional hardware as their needs (and business) grow.
  • Industry-specific systems are available for industries such as beauty salons, auto repair shops and dry cleaners.
Additional costs:
  • The more your system has in terms of equipment and report-generating capabilities, the more it will cost. Often it's best to start simple, but with a system that allows you to expand later on.
Discounts:
  • Check for businesses (similar to yours) that are closing and may be selling relatively new POS systems; used is always cheaper than new.
  • DataMaxSys.com[3] and ReSourcePOS.com[4] sell refurbished systems.
Shopping for a point of sale system:
  • AllBusiness.com[5] gives a short overview of what to look for from a retail POS vendor.
  • EZCashRegister.com sells a range of "bundled" starter kits for restaurants and retail outlets. POSGlobal.com[6] sells both pre-packaged POS systems and individual components.
  • If you don't have a lot of up-front cash, you can lease a POS system; be sure you understand all the terms of the lease.
  • Before you choose, know exactly what kind of warranty or support comes with the POS system, and what sort of training your staff will need to use the equipment.
post Post    
CostHelper News


10 Quick and Inexpensive Home Makeover Projects To Do While At Home
You may not be able to host the large family gathering for the holidays, but there are still many ways to pick up items curbside to spruce up your indoor space for your everyday enjoyment and to bring a more festive spirit. || Posted December 30 2020


7 Lesser-Known Discounts for the 50+ Crowd
As they age, members of the Baby Boomer generation don't like to admit that they're senior citizens, but they love getting discounts. It's kind of a quandary, because some of the best deals available are reduced prices for older folks. || Posted October 21 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments


 

Comment On Your Experience With a Point of Sale System
 
Subject:  *
Amount Spent:  *
Company: Model: 
Type of Business:   
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.ibm.com/midmarket/us/en/smallbusiness.html
  2.  www.microsoft.com/en-us/dynamics/default.aspx
  3.  www.datamaxsys.com/sell_refurb.html
  4.  www.resourcepos.com/
  5.  www.allbusiness.com/retail/10206842-1.html
  6.  www.posglobal.com/
More Small Business Topics
Check Out All Costs for Small Business How Much Does a Point of Sale System Cost? How Much Does a Bookkeeper Cost? How Much Does a Fax Machine Cost?

Search Thousands of Topics on CostHelper.com

 
Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
2 Stents RCA w/ CathLab
Paid: 12000.00
ER with Heart Attack symptoms. Next AM had cath lab. 100% blockage. 2 stents. Was released 8 hours later. Less than 48 hours in hospital. Thought is was expensive, but after seeing what other have paid I guess not... [more]
-
Heart Stent Cost
Happy with ATT gigabit fiber
Paid: 69.99
I used to use Comcast but got frustrated with the unreliability of their speed — by day it could slow down but it’d be very fast late at night... [more]
-Now1000
Internet Access Cost
Used AAA
Paid: 163.42
I was going to try to replace the battery myself but the old battery had corroded so much that I wasn’t able to remove the terminals with my pretty crummy tools at home... [more]
-Honda21
Car Battery Cost
8 year old Gernan Shepherd Neuter
Paid: 200.00
good job,,a little more than expected but it is what it it,,He's my baby!... [more]
-snail
Dog Spay or Neuter Cost
husband and I had eye exams and got each got glasses
Paid: 1488.59
That was $679.47 for the two of us initially, which also included comprehensive exams. We got VSP individual insurance which premiums for the two of us for this 12 month period will equal $610.56... [more]
-D & T
Eye Exam Cost
Sears Air Duct & Dryer Vent Cleaning - Rip Off
Paid: 1500.00
I've lived in my house for over 10 years and decided to have the air ducts and dryer vent cleaned... [more]
-Ripped Off Customer
Duct Cleaning Cost