How Can You Efficiently Manage a Multi-Branch Store?

As a busy retailer, it can be very challenging to run one store, but when you are dealing with a whole chain of stores and franchises, it can be overwhelming and almost seem impossible. 

This is the main reason why you need to get a good grip on a dependable multi-branch Point Of Sale or POS that can be your partner in the multi-location business. When looking for a point of sale software for a multi-branch retail business, you need to look at a multi-branch POS. 

Let go of those single and standalone POS systems and upgrade to a POS for multi-location businesses.  A reliable multi-branch POS incorporates accounting, inventory management systems, and order processing for multiple branches. The best multi-branch POS solutions will successfully take care of your business as a single, coherent organization, instead of a group of disconnected entities.

If you want a better inventory of stocks in all branches, a level of manpower improvement in each store, a reduction of costs, and a great deal of overall business performance, then a multi-branch POS is a great asset to have. 

How can you efficiently manage a multi-branch store? The answer is simple. Employ a multi-branch POS. It is a fact that it is difficult to manage stores with multiple locations. These are corporate chains, franchises, buying groups, and networks of stores. These require a certain approach and a particular management style that is not applicable to single stores.

However, choosing an excellent multi-branch POS can be difficult. You have to take into account a variety of considerations, especially those that address your specific business needs. It is a tedious process that requires a lot of time to come up with the best decision but it is all worth it. Keeping the operations in all these stores running smoothly can be especially demanding.

If you want to manage sales, promotions, inventory, time, and other parts of your business exceptionally given a multi-branch company, then here are some aspects you need to consider :

1. Better Approach to Pricing 

If you have exactly the same products in your stores, it does not mean you have to set a uniform price for all. With a multi-branch POS, you will be guided accordingly by the specific market demands and the location as well as business conditions. For example, you can price an item much higher in a store located in a premium business district as compared to a branch in the south area. 

2. Well-Managed Inventory

Having to manage several stores may make your head spin. Your inventory management responsibilities may be tested in one way or another. You not only have to make certain that there is a sufficient supply of items for the whole business but that each store has adequate inventory levels as well. The multi-branch POS has the capability to manage several stores. For example, you can always find one store in your area to supply items to another store in case inventory levels are running low. For this to work efficiently, the system needs to always synchronize for synergy and integration. The right multi-branch POS can handle such big responsibility. 

BIR-accredited easyPOS is your all-in-one solution to manage your sales, inventory, and customer data in real time!

Click to Learn More.

BIR-accredited easyPOS is your all-in-one solution to manage your sales, inventory, and customer data in real time!

Click to Learn More.

3. Effective and Accurate Reporting

Reports are a must in every business. It is used for checks and balance. Without effective and accurate reporting, it is impossible to know how you are doing as a business. In fact, reporting is a statutory requirement. But it makes it more daunting when you have to handle multiple stores. A POS for multi-location businesses not only gathers reports from various individual stores, but also consolidates these reports into a central place for easier access, analysis, and better decision-making.

4. Improved Sales and Promotions Tracking

Tracking and recording sales are pivotal to any business. In a multi-store environment, this can prove to be a little more challenging especially when there are different standalone POS retail in the stores. With a multi-branch POS, it allows centralization and it can help harmonize tracking with a solitary centralized management system in place. 

5. Unified SOPs

Standardization is important. When managing several stores, it is important to have standard procedures in place that lead the rest of the organization. Making standard procedures on how employees will work, the payment types the stores will accept, rules on customer service, and many more. 

Also, having SOPs make it easier to manage inventory and coordinate common activities such as promotions. This coordination should even extend to things like inventory management and stocking procedures, and a multi-branch POS can do the job.

Are you searching for the right multi-branch POS that can efficiently and effectively serve multiple stores like franchises, branches, and corporate chains? EasyPOS can help you manage your multiple outlets.

3 Reasons to choose easyPOS:

EasyPOS is accredited by the BIR. So it can generate BIR reports like Z-readings, X-readings, eJournal Reports the BIR requires.

1. Customizable restaurant setups, from menu items to table groupings.

2. Complete sales and inventory system with item components for backflushing inventory.

3. Unlimited discounting, Multiple price levels, Unlimited pay types, e.g., Cash, Credit Cards, Gift Certificates, etc.

Feel free to get in touch with us to book a free demo of our solution to see how EasyPOS can help with your multi-location business. And did we say EasyPOS is BIR-accredited? For a free demo: https://human-incubator.com/easy-pos/

BIR-accredited easyPOS is your all-in-one solution to manage your sales, inventory, and customer data in real time!

Click to Learn More.

BIR-accredited easyPOS is your all-in-one solution to manage your sales, inventory, and customer data in real time!

Click to Learn More.