Key Takeaways
- EPOS till systems can be rented short-term, allowing businesses to optimise cash flow.
- Rental systems come with setup, maintenance, and the option to upgrade or purchase at the end.
- The cost of EPOS till rentals vary based on duration and supplier.
- Key suppliers include EPOS Now, Clover, and EPOS Direct.
- EPOS till rental offers flexibility, customer service, assistance, easy payments, and scalability.
The EPOS System Rental Revolution
In today’s fast-paced commercial environment, streamlining operations is paramount. EPOS (Electronic Point of Sale) till systems have become an integral part of this process, offering small businesses an effective tool to manage payments, inventories, and customer data. Traditionally, acquiring these systems required a significant initial outlay. However, with the rise of rental and lease options, businesses can now enjoy the benefits of EPOS systems without the hefty price tag. Our analysis aims to shed light on the opportunities and considerations surrounding the rental of tills, focusing on UK startups.
Understanding the Mechanics of EPOS Till Rental
Rental periods for EPOS till systems can range from several days to months, providing an appealing flexibility for different business needs. Depending on the provider, the contract may require an upfront payment for the rental duration, covering installation, setup, and maintenance.
Renting an EPOS system allows businesses to experience its benefits before committing to a purchase. This approach not only helps manage cash flow but also offers the freedom to upgrade equipment as needed. Two primary forms of EPOS system acquisition exist: rental and hire.
Till rental typically operates on an open-ended or short-term basis. This option suits businesses running seasonal events requiring a temporary till system. On the other hand, till hire functions on a fixed-term basis, enabling businesses to ‘try before they buy’ and usually includes additional support, such as on-site installation and training.
Advantages of Renting EPOS Till Systems
EPOS till rental offers several key advantages for small businesses. It’s ideal for businesses that need a system sporadically, or those that prefer not to spend a large sum upfront.
While outright purchase might seem more cost-effective in the long run, ongoing monthly software costs can be a deterrent. Renting ensures you’re only paying for the system when it’s in use. Moreover, rental contracts often include additional support and maintenance, adding value to the arrangement.
Small businesses often find monthly rental costs more manageable than large one-off payments. These payments are fixed and tax deductible, providing further financial benefits. Furthermore, the rental model scales well, allowing businesses to add more devices as they grow.
Decoding EPOS Till Rental Costs
The cost of EPOS till rentals depends on various factors, including rental duration and supplier terms. For instance, renting a system for three days might cost around £70, while a month-long rental might be approximately £170. Businesses looking for a more extended period like three months might expect to pay around £270.
These prices typically bundle hardware, software, installation, and maintenance services, making it a convenient option for businesses lacking technical expertise.
Unveiling the Top Till Rental Suppliers
Several providers offer EPOS till rental services, but three stand out in terms of affordability, customer support, and overall service quality: EPOS Now, Clover, and EPOS Direct.
EPOS Now is a multi-award-winning company trusted by over 30,000 businesses globally. Known for its flexibility, it allows integration with existing payment systems, CRM, accounting to reduce redundancy.
Clover offers an all-in-one platform that combines hardware, software, and payment services. What sets Clover apart is its sleek design and user-friendly interface, appealing to businesses that value aesthetics alongside functionality. Clover’s systems come with a range of applications to cater to different business needs, making it a flexible choice for various sectors.
EPOS Direct is one of the world’s top suppliers, known for its affordability and excellent customer service. It provides custom packages to suit different business sizes and types, offering a high level of customisation. Their systems come pre-configured, making setup easy for businesses with limited technical knowledge.
Final Thoughts
As more small businesses in the UK turn to rental EPOS systems, it’s important to understand the benefits and potential cost implications. Renting can provide an excellent short-term solution or a ‘trial period’ for businesses considering a larger investment in EPOS technology. By considering factors such as the nature of the business, the need for flexibility, and available budget, startups can make a more informed decision. The ability to rent quality EPOS systems from reputable suppliers like EPOS Now, Clover, and EPOS Direct further enhances this appeal.
Want to supercharge your brand’s visibility within the UK tech industry? Reach startup founders, investors, and C-level executives with sponsored articles on UKT.news. Connect with us and discover how our advertising solutions can propel your brand to new heights. Explore our Sponsored Articles & Partnerships Program here.
