3SPOS

"A business model is a strategy an organization has to make a profit. It identifies the products or services that the business will sell, the target market it has identified, and the anticipated expenses." The word business model has been used in use for several years, but since the start of business, businesses have been subconsciously designing, developing and innovating their models. This article analyses real business models and explains the characteristics of every part of the business model, i.e. customers, distribution, value, resources, activities, costs, and revenue. In a business environment, the post-industrial 21st century is marked by uncertainty and turbulence. We try to stay on the market, differentiate themselves from their rivals, and generate added value that gives them a long-term advantage. Companies change their goods as well as society, marketing strategies, customer relationships or internal structure. The main objective of this study of b...

Retail store owners control many moving parts and work on tight margins. It makes it increasingly difficult to track all these procedures and documents using manual methods over time. Small retailers are losing out on other opportunities to grow their business due to the repetitive and time-consuming complexity of activities such as inventory management and sales reporting. "A point-of-sale ( POS ) system is a great tool to handle all these moving parts while maintaining customer satisfaction — but finding the right POS for a small or medium-sized business (SMB) is no easy feat." Many single-store retailers still don't have a POS system in place, indicating that small-medium business still has a way to overcome their fears by adopting new technologies. A point-of-sale device must have basic billing and order processing capabilities. Through scanning products and collecting different payment forms, it should be able to bill orders. ...