Make/Buy Analysis
There are several different POS systems a small business owner can choose from. I picked Square’s top 4 competitors and compared them in the table below.
| POS Systems | Clover Go | PayPal Here | Innerfence | Vend POS | Square |
|---|---|---|---|---|---|
| Additional Equipment Needed | No | No | No | No | Yes |
| Trust in Product | Yes | Yes | Yes | Yes | Yes |
| Ease of Use | No | Yes | Yes | Yes | Yes |
| Cost Effective | Yes | Yes | No | No | Yes |
| Options to Easily Upgrade System | Yes | No | Yes | Yes | Yes |
| Additional Cost Investment | Yes | No | Yes | Yes | No |
Final Decision
The final decision was made to use Square’s iPad Point-of-Sale Stand because of the intuitive design and its cost effectiveness due to Square’s payment plan. The iPad Point-of-Sale Stand does not actually include the iPad, but the cost of the Stand would only cost $169 up front or $30 per month for 6 months.