Remove Communication Remove Operational efficiency. Remove Payment Solutions Remove Stax
article thumbnail

The 7 Best Mobile POS Systems for Small Businesses in 2024

Stax

Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market. They offer customers flexibility.

article thumbnail

Recurring Billing: Definition, How it Works, and Best Practices

Stax

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Mobile apps make up 53%, and the SaaS market is worth $152 billion. Mobile apps make up 53%, and the SaaS market is worth $152 billion. Learn More What is Recurring Billing?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an Online Terminal and Why Do Merchants Need One?

Stax

Online payment systems are the standard. Online terminals (sometimes referred to as virtual terminals) power various types of transactions, including eCommerce and payments made over the phone. They act as a bridge between traditional payment processing and online payment possibilities.

article thumbnail

How to Understand Your Profit and Loss (P&L) Statement

Stax

Here is the basic structure of a profit and loss statement: Revenue Cost of goods sold (COGS) Gross profit Operating expenses Operating income Other income and expenses Net Income. Operating income is a key metric for evaluating operational efficiency and management effectiveness.