Cash registers are a piece of cultural heritage

Panini collector's albums, Yps magazines or wonder bags: Surely there was a corner store in your neighborhood when you were a child. Here, people still knew their customers personally and had time for a chat at the counter. Sweet memories that are only surpassed by the sour taste of an Ahoy soda. The typical sound and appearance of the often ornate cash registers also have nostalgic value. Everything was better in the old days, wasn't it? Not quite. The only thing that was digitized back then was the calculator.

Modern cash registers in retro design

You want a digital cash register with all the advantages of modern technology? But you don't want to do without the classic look of older models? No problem. Retro cash registers from ANKER combine the best of both worlds and provide a pleasant touch of nostalgia in your store. Especially for decorative stores the stylish retro cash registers are a great idea!

Old cash register systems are complicated and prone to errors

At that time, everything from bookkeeping to inventory to sales at the cash register had to be done manually and noted down - often additionally with pen and paper. This was not only time-consuming, but also extremely error-prone. What's more, the old models are not TSE-compliant and are therefore no longer allowed to be used. Good reasons that speak for a digital POS system.

Digitization: The transformation in retail

As a business owner and shopkeeper, you should rely on a modern POS system. Because digital technology makes your everyday business life much easier. Here are just a few examples:

• Faster checkout: Digital checkout systems enable payment in seconds without unnecessary clicks. Vouchers can also be issued in the blink of an eye. This saves your customers unpleasant waiting time and you can get back to other tasks faster.
• More flexibility: With a modern checkout, you can accept a wide range of payment methods. This gives your customers freedom of choice, is convenient and thus expands your potential target group.
• Simple processing: Returns or cancellations can be processed much more easily via a digital checkout system. The respective item can also be identified directly via the integrated search.

As you can see, a modern cash register has clear advantages that are extremely useful in everyday work. But a digital POS system is also a useful tool beyond the daily business , so that you as a self-employed person or founder can maintain an overview at all times. Because only numbers, data and statistics show you whether the store is really running.

The first cash register was created in the Wild West

The Wild West is best known for stagecoach robberies, gunslingers and seedy saloons. Ironically, the lawlessness of the time led to the development of the world's first cash register. For its inventor, tavern owner James Ritty, had little desire to continue being robbed by his own employees. So he built a fully mechanical cash register that would prevent unauthorized access to the cash drawer in the future. His invention quickly became known and, despite a patent, was illegally copied in many cases - that's just how it was in the Wild West.

Modern cash registers: Digital business consultants

As a self-employed person, only one person is responsible for the success of your business - yourself. That sounds like a lot of work, and it is. But of course it also has its appeal. Especially when you as a store owner are supported by a digital POS system. Because it acts like an internal business consultant. It provides you with important analyses and statistics, creates reports and communicates with your tax advisor. But that's not all. Here is a brief overview of the many features of modern all-in-one POS systems, such as those offered by LocaFox.

• Full control over your finances: As an entrepreneur, you should always be aware of your income, expenses and sales in general. This is the only way you can plan for the long term and avoid unnecessary expenses. Digital cash register systems like the one from LocaFox therefore enable electronic daily financial statements and include a digital cash book. This gives you permanent access to all relevant key figures and you know exactly how your finances are doing.
• Meaningful analyses: How is sales developing compared to the previous year? Have expenses increased and which products generate the most profit? In retail, it's easy to get lost in the day-to-day business. But long-term analyses are enormously important. Because they show long-term trends. A digital POS system helps you keep an eye on the continuous development of your business.
• Transparent inventory management: You can't take inventory every day. To ensure that you still have an overview of the product inventory, digital checkouts support you with functions for intelligent merchandise management. Especially those who operate several stores or locations benefit enormously from this function.
• Protection against tax estimation: A tax estimation is unpleasant and can be really expensive. To avoid this, you should share all data and receipts with your tax advisor and the tax office. POS systems like the one from LocaFox therefore contain a DATEV interface, through which you can export your data to the tax advisor or directly to the tax office.

Another advantage: All POS data is securely stored in the cloud and will not get lost. As a store owner and entrepreneur, you can be sure that all your figures and statistics are available to you at any time and are protected from unauthorized access.

Digital premium: Take advantage of the financial support

Digital cash registers are secure, legally compliant and waste fewer resources than older models. With the digital premium, the German government is therefore promoting the purchase of modern POS systems. Up to 70 percent of the costs for the POS system and the POS software can be covered. Who can apply for the subsidy and how you can benefit from it is explained in detail on the pages of the Federal Ministry of Economics and Climate Protection (BMWK).

Digitization in retail: We advise you!

Would you like to learn more about the possibilities of digitalization for the retail sector and the benefits of modern checkout systems? Then let's talk about your goals and together consider how we can make your company fit for the future with digital solutions!

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