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Major factor to be considered before starting POS business.
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[QUOTE="Augusta, post: 247396, member: 25283"] POS business to me is one risky business though lucrative if one finds a good enough location to site the business. But you have to be very careful or you lose big in the business. It is just unfortunate that some people leave their abodes and all they want to do is to burgle people business premises and cause them a high downfall. Like you rightly stated no good thinking person should ever use his or her house as a POS business center because you would be inviting thieves to your house. They know that as a POS operator you would always have cash on you so you shouldn't make that mistake of letting know your house to avoid their destruction of the business. Another problem is of people coming to deposit counterfeit money while you credit their account. Sometimes before you would have known what is happening, they would have used their card to withdraw the money from another POS center. And if this money was a big one then you lose big as you might not be able to travel the criminals. So it isn't bad to start a POS business but you need to really apply caution or else you would money. [/QUOTE]
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Major factor to be considered before starting POS business.
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