How to Choose a Money Counter

Laundromat Investing in South CarolinaWhen it comes time to handle all the cash that comes into your laundromat, equipping yourself with a money counter can help make the job more efficient. Today's money counters have the ability to detect counterfeit bills and can help prepare your cash for bank deposits. These machines have improved over the years and are now more affordable than ever. Before you choose a money counting machine, here are a few features you'll want to consider. Are you interested in laundromat investing in South Carolina? Make money and call T & L today! We'll be glad to speak to you about this amazing opportunity.

Speed and Capacity
The faster, the better when it comes to choosing a money counter for your business. The average capacities of these machines vary between 400 and 1500 bills per minute. Your best bet is to find a machine that will count over 1,000 bills per minute for optimum efficiency. Most businesses, however, can get away with a device that counts 800 bills per minute. Depending upon the cash flow in your business, you may want a higher or lower count machine. Remember that the speed of your counter does impact the price you can expect to pay.

Functionality
While some of these features fall into the nice to have category, many of these features are essential for counters that are used on a daily basis. One of the most critical elements to look for in a counter is the ability to batch the cash as it counts. Batching refers to dividing the bills into stacks of 100 for deposit at the bank. Another key feature is the ability for the counter to print reports so that you have a hard copy of the count to attach to each stack of counted bills. Other key features to look for include ease of use or automatic function modes, a low machine weight, the inclusion of spare parts, and a well lit external display.

Counterfeit Detection
Processing cash requires you to be able to identify fake currency. Since it is unlikely that you or your staff are experts at spotting counterfeit money, getting a counter that does it for you is a must have for your laundromat. Counters use special functions that can detect the ultraviolet and magnetic inks from the bills to help identify fake bills. A counter that includes the ability to detect worthless bills with both ultraviolet and magnetic detection is ideal.

If you're looking for the best money counters for laundromats, check out our next post.

Laundromat Investing in South Carolina

For more than 40 years T & L Laundry Equipment has been finding ways to make your laundromat run more efficiently. We proudly offer the latest in Energy Star rated commercial laundry equipment from some of the industry's best manufacturers. Our team works hard to stay on top of the newest technology and trends in the vended laundry business so that our customers can anticipate the needs and wants of their clientele. When you combine unsurpassed industry knowledge with a complete catalog of products available from Speed Queen and Continental and the area's most extensive selection of in-house genuine replacement parts, you get an equipment supplier experience that is like no other.

Call today and set up your complimentary onsite consultation with one of our laundry experts today and see how small changes in your laundromat can make the end of 2018 your most profitable quarter yet!

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