Bernard Zimmermann's blog

What is the best printer for my home office?

POS SOFTWARE

This question gets asked a lot now particularly as now many people are working more from home and the need for a home/office printer has increased.

As a rule, I tend to recommend for home an all-in-one (MULTIFUNCTION) printer, as these print, scan, and fax. These, however, are getting a bit rare as who faxes nowadays but they are still available if you look for them. Of course, if you like so many do not have a landline now at home, its not much use to you the fax part but if faxing is very important to you then you may want to investigate some fax services that are available.

Today the scanner is very important, we are continuously being asked to scan some documents and send it by either email or fax it. Yes, you can use your mobile’s camera to do this and if you only occasionally need to do this, it maybe could be enough for you but the quality of this scan doesn’t come up to the quality of a scanner.

How often will you print?

Inkjet printers tend to dry out if not used, so if they are not used for a month there are problems. So if months could go by and no-one prints anything on that printer, then the ink can dry and the inkjet printer needs cleaning, which generally is not an easy task to do.

For this reason, overall lasers cause fewer problems as in school holidays, the kids have not used the printer, you do not print, and then when someone tries to use it the inkjet does not work without a clean, generally, what happens then the inkjet gets dumped as who can be bothered fixing it.

How much do you expect to print?

As a rule, lasers print a page cheaper than an inkjet. However, there are a few inkjet printers out there with a supertank, which have refillable tanks that offer a lower cost per page than lasers. 

This is important as the biggest expense for a printer isn’t the printer, the paper but the ink. I have known people to buy printers on special with free ink when the ink runs out, they throw out the printer. It was not worth buying the ink. So they buy another printer on special with ink.

Do you mind some bother?

Inkjet printers need ink cartridges you often need to continually restock them which is a pain.

 

Plenty of times at home, after doing some printing, just one of these ink cartridges ran out and I had to go to a shop to buy another ink cartridge.  If the shop did not stock my inkjet cartridge, there were problems. 

Do you want to print in colour?

I have given up on printing photos on my home printer, the professional printers are so much better but if want to do photos then you need an inkjet. If you just need some colour now and then, then either laser or inkjet can do the job.

The professional look of the print?

I find the quality of the text printing by lasers more precise although some of the better inkjets are good enough for most documents.

Speed

This is often not a factor in a home printer as you can always in a big run, set the printer up, go and do something else but if it is a factor lasers are faster

My conclusion is that overall, it is worth spending a little more and getting a laser all-in-one (MULTIFUNCTION) printer for home.

Hope this all helps.

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Why not study your stock shrinkage now?

POS SOFTWARE

 

 

Now you have done your stocktake.

It is a simple calculation for you or your accountant to do to determine your stock shrinkage. 


(stock shrinkage)= (opening stock) - (closing stock)+(purchases) -(Total sales at cost price) 

Generally what we do now calculate it as a percentage of sales, so it becomes = (stock shrinkage)/(Total sales) x 100% 

Although often people use, shrinkage by stock value which we do in two steps.

(Average stock holding) =((opening stock) - (closing stock))/2 

(shrinkage by stock value)= (stock shrinkage)/(Average stock holding) x 100% 

So now you know your stock shrinkage, so you have an idea of how big a problem you do have. 

As a punt, I would say that it will be about 1.4%, but it does vary a lot.

One client of ours reported that it was less than 0.1%, which is the best figure I have ever seen. I have also seen a shop which a receiver told me it was 6%, which is no wonder a receiver was there. 

I do suggest that you do these calculations because if you do not know it, what can you do to fix it? Some significant reasons would be.

1) Customer theft - The five-finger discount

2) Damage - We had one furniture shop that was recording huge numbers of damaged goods somewhere between receiving and customer delivery.

Goods that suffer a significant damage problem should be moved to a safer place. I know a shop that after calculating their damage rate stopped handling glass products.

3) Supplier fraud - Which is all too often, although many suppliers claim they are accidents, I am not so sure. The result though is that a supplier bills you for goods shipped, but for some reason, you did not get.

4) Staff theft - I have seen retailers in tears when they discovered what a valued staff member has done. In my experience, this is zero or 100% of the problem. If you have some virtual products, e.g. lotto or telco this can be a measure here. As a rule, experts say that it accounts for half of all retail shrinkage which means that its the most important item. 

5) Administrative errors - are pricing mistakes and sloppy bookkeeping.

For the others as a first guesstimate, most people assume that each of the above factors is equal.

In the retail world, shrinkage is a part of life but, does not mean you have to give away so much. 

Depending on your margins, a 1.4% stock shrinkage could amount to a 20% loss in profits. 


 

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Try having in your shop several special areas

POS SOFTWARE

Most of your sales floor is never seen by your customers. So it’s up to you to bring your merchandise to their attention. So in modern retailing, I have noticed is that shops now have many special areas. Not one but many! In the supermarkets as well as the regular area, you will find the same product at the ends of a shelf, the entrance and cash register area. So rather than have one big section dedicated to a product or line they have several. There is often is no correlation to these items in this area but people look at it. 

Try this

Reduce some of the area of a department and move some of these items into a special area. Make it noticeable put a nice sign advertising this area

This will maximise the reach of these products so giving you more opportunities to market your products.

And of course, tell me how it goes.

 

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Your tax claims with running your business from home

POS SOFTWARE

Due to COVID-19, we all do a lot more work from home. To many, it is a new normal.

Now there are some of the expenses of working from home can be claimed too. 

Some valid deductions would be on your home computer. You can look at such as its desk, your computer chair, electricity, carpets, lighting, etc.

You can also often claim a share of the rent for the area of your office from which you conduct business.

I would suggest that you discuss this with your accountant, click here for more details.

 

Hello there, I'm new here, So i'm not sure in the event this section may be the right place to create this and sorry for this, but I had been hoping someone here on possolutions.com.au would be able to guide me.
Now i am wondering if anyone knows any specific trusted seller for SEO Ranking, we have been a vendor which need a decent source for such services.

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This is your last opportunity to  join our free webinar on EOFY reporting

POS SOFTWARE

We will be having a webinar on your EOFY reporting which we would love for you to attend. It will be hosted through Facebook Live, on Monday 6th July, at 10 am!




We will cover:

  • Profit / Loss 
  • Stock Valuations
  • Outstanding Customer Debts
  • Outstanding Subagent Debts

-General Discussion

Got anything you wish to add or comment, go for it here.

To join, go to https://www.facebook.com/POSSOLUTIONSAU/Live  at 10 am!

Hope to see you then.

While you are there, why not go to the POS Solutions Facebook Page and like us? That way you will be informed on future webinars too.

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Where in your shop should goods now be displayed?

POS SOFTWARE

 

 

The challenge retailers now face now is uncertainty. Consumer shopping habits have changed, for example, how now people are moving around the shop. In the past people wanted to browse, now you need to get their attention in a few seconds from the distance. This is the main comment people told me from yesterday's post.

What we need to do is see how shopping behavioural patterns have changed

As such now my article here on how to make up a shopping planogram can do it for you.

All you need is our software.

A big sheet of paper

A ruler

A black pen

Four marking pens - Red, Yellow, Green and Blue

20 minutes

 

 

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See our country's latest economic snapshot, it is not bad

POS SOFTWARE

These figures are up to 10 June 2020

Before I looked at this, I would say we were worse than we are now. Going by these figures Australia’s economy and labour market are not bad. We have economic growth and our unemployment is better than compatible countries overseas.

If you want you can get more figures and do comparisons click here.

Unfortunately, it does not go by state but if it did I am sure you will see NSW and WA doing a lot better then Victoria.

 

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Well consider how to do things differently

POS SOFTWARE

Now you are collecting information for your business for the end of the financial year. In the business world, the clock has been reset so many will talk to you, for example, your suppliers, accountant, bank and insurance broker etc.

It is time to consider what happened this year, see what has gone well and what has not gone well. More importantly, it is time to start planning for the new year.

 

What works for me is you do a SWOT analysis of your business? I am sure to you that it will be useful and rewarding to sitting down, hopefully with someone, reviewing your business in a formal method.

 

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