Understanding how to improve cash flow in your business gets you sorted with other front and backdrop operations. Be it any business, cash float plays a vital role. In this blog, we’re figuring out the basics and also helping you with an ideal POS system to make your daily business operations smooth. What is a Cash Float? Cash float means two things: (1) It’s the money kept in the cash register at the start of a work shift. This money is usually small and is used to give change to customers who pay with cash but don’t have the exact amount. (2) It’s also the difference between the amount ..read more

A cost-focused strategy involves businesses aiming to draw in customers by offering the lowest prices compared to their competitors. This strategy entails undercutting rivals’ prices to attract budget-conscious consumers. Every company requires a well-defined business plan, which encompasses various elements like product pricing and marketing strategies. This article dives into the concept of a cost-focused strategy, its application in business, and the benefits it offers. What is a cost-focused strategy? A cost strategy involves businesses aiming to attract customers primarily through competi ..read more

The Digital Payments Market boasts outreach of US $513.10bn transaction value in 2024. That’s massive! To remain competitive and provide customers with seamless, secure, and convenient payment options, businesses, regardless of their size, need to grasp the intricate mechanics of payment processing. For businesses, handling customer payments holds immense importance. Payment processing not only facilitates cash flow management but also bolsters customer satisfaction and safeguards against fraud risks. In today’s dynamic landscape, marked by rapid technological progress and evolving consumer ha ..read more

Thermal printers are handy tools for printing labels, receipts, and barcodes fast and without breaking the bank. In this guide, we’ll explain how thermal printers work and what features to consider when choosing the perfect one for your business. What do you mean by a ‘Thermal Printer’? A thermal printer is a special kind of printer that uses heat to make black text or pictures on paper. It works by heating a printhead and pressing it against a special paper or ink ribbon. This creates the text or pictures. Thermal printers are often used for making labels, receipts, barcodes, ID badges, and m ..read more

VAT is a common charge we see on receipts. As a business owner, keeping VAT receipts is a legal requirement. These receipts are needed to claim back VAT on business purchases. Let’s understand what a valid VAT receipt looks like and how to keep good records. In addition, we’ll be checking out VAT exemption, VAT charges, and more. What is a VAT Receipt? VAT receipts detail your purchases and the VAT paid. In the UK, VAT-registered businesses must provide VAT receipts upon request. It’s crucial to store these receipts safely for your VAT return. They prove the VAT paid and ensure accur ..read more

Ever wondered about the magic behind a barcode scanner? This blog unveils the intricate process that powers this seemingly simple yet highly impactful technology. Barcodes, often underestimated, have significantly transformed daily life, especially in the retail sector. The features of barcode readers are impressing small to large businesses and it has thus become a basic need to install Barcode Scanning Systems. Come, let’s see how does a Barcode scanner works? What is a Barcode Scanner? A Barcode Scanner, or barcode reader, is a device equipped with essential components ..read more

As the owner of a laundry business, prioritizing the security of your establishment is paramount. This includes safeguarding your customer’s data, ensuring secure payment processing, and actively monitoring staff activities. As a business owner, the responsibility lies with you to fortify defences against data breaches and unauthorized access. Building confidence and trust in both your employees and the technology utilized for daily operations is crucial. At Axcess IT – Cleantouch EPOS, we not only streamline the management of your laundry business but also place a significant emphasis on ensu ..read more

Among the myriad acronyms that permeate the business landscape, EFTPOS often stands out as an unfamiliar one. However, once its intricacies are unraveled, it transforms into a valuable tool. Let Cleantouch EPOS shed light on this enigma. As you delve into the intricacies of the technology essential for running your business, you’re likely to find yourself surrounded by a plethora of lengthy and perplexing acronyms. The complexity might make you yearn for the simplicity of the bygone era, characterized by cash, coins, and straightforward over-the-counter sales. Yet, technologies like EFTPOS pla ..read more

Efficiently managing cash flow is crucial for the smooth operation of your business. While we all enjoy seeing money come in, keeping a close eye on what’s going out and what’s in hand is equally important. Neglecting this aspect could lead your business to face potential issues without your awareness. Cash flow stands out as a vital metric, especially when forecasting the future growth of your business. But what exactly is cash flow? What is Cash Flow? Cash flow is the movement of money within your business. It’s essential to note that having a profitable business doesn’t automatically transl ..read more

Laundry and dry-cleaning Businesses are experiencing a digital transformation in the ever-evolving market. This shift involves the adoption of Point of Sale or POS systems, replacing traditional cash registers. These advanced systems bring efficiency, convenience, and data-rich opportunities to laundry and dry-cleaning establishments, much like they do for other businesses. Let’s explore how these businesses are leveraging technology for enhanced customer service and growth. In this article, we’ll explore What is POS Data, POS Data types, and more. What is POS Data? POS data com ..read more