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Restaurant & Bar Solutions

Restaurant & Bar Solutions

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Restaurant & Bar Solutions

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  1. Restaurant & Bar Solutions By: Kenneth & Wann

  2. Strengths • Complete solution • Advanced features • Pricing is cheap • Eliminate middleman/vendors • Can use existing hardware • Worldwide • Weaknesses • Only on iOS • Hardware is expensive for start-ups • Mobile devices battery power • POS mobile devices are not new • Opportunities • Credit card reader • Small scale version for small eateries • Retail outlet version • Android version with cross-compatibility • Entry into Asia • Threats • Tons of POS software available in Appstore with similar features • Direct competitor: Octopus POS • Platform dependency on iOS SWOT Analysis

  3. Business Report to Business Analytics (w/ Intelligence) • CRM • Inventory Management – auto-ROP • Touchcode-enabled or QR code receipts for easy payment and self checkouts • Paperless receipts Incremental Innovations

  4. Complementary product sales with Apple • Hardware leasing • Revamp the website • Features, simulation or online demo • Food and retail packages • Incorporation with a shelf-management software for retail Other Recommendations

  5. Change from traditional POS to new and innovative ones • Competition is not yet intense • Factors to be considered • Population • Economy • Retail Landscape • Technology Asian Ventures - Singapore

  6. 5 million population • Top economy in Asia • Ranked 10th in retail landscape • 5th largest buyers of iPads, per capita • Strategize  tailor according to business needs • Unique selling point Singapore Ventures

  7. May - July 2013 • SUMMER INTERNSHIP Internships Interested Applicants: Malcom, Rosalind, Yao Guang Moe Hein, Wann