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5 Tech Tools Every Liquor Store Should Have

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Technological advancements have seen retail stores rely more on technology for various operations and needing more from their point of sale (POS) systems. Liquor stores need tech solutions to operate efficiently, keep track of inventory, give customers a fast and safe experience, and boost sales. Tech also helps to improve decision-making at the executive level. Here are the top five tech tools that every liquor should have.

1. ID scanner

Liquor stores sell highly regulated products, with the laws being stringent on the age of persons allowed to shop there. An ID scanner makes it easier to ascertain whether one has reached 21 years of age, which is the minimum legal drinking age. You can scan and authenticate passports, visas, ID cards, or drivers’ licenses in a fast, secure, and accurate way.

2. Inventory and back-office management integration

Store managers no longer need to catalog every product in the liquor store manually. There is the option of acquiring a POS system that integrates the store’s technology and back-office processes for fast and efficient operations management.

A well-designed liquor store POS system should process orders, organize inventory, and accept payments. The system should also integrate with your back office tech solutions, letting you run aspects like employee scheduling and vendor management.

3. E-Commerce and delivery apps

E-commerce platforms and delivery services in these pandemic times have revolutionized the liquor industry. With the number of walk-ins now limited, online orders and delivery services have enabled businesses to expand their reach, maintain and increase their sales levels. Customers simply log into the app or website, make an order, and make an online payment right from the comfort of their homes.

These liquor store tech tools have also greatly helped the store staff remain employed. Instead of getting laid off due to the low number of walk-ins, they can be deployed to the delivery department.

4. Payment processing options

As technology in the retail space continues to develop, new payment options available have emerged too. Customers are no longer restricted to just credit and debit card options. It is now possible to make payment for your liquor orders entirely online using smart wallets, wearable tech, and other third-party payment solutions.

When your POS system integrates different payment options, you offer your customers flexibility, allowing them to pay using their most preferable means. You will not only improve the customer experience but also make some valuable liquor sales too.

5. A gift card or loyalty solutions

Wines and liquors make the perfect gift solutions for friends and family. When you have gift cards for your liquor store, your customers can gift others without going through the trouble of guessing what the recipient would enjoy. Gift your loyal customer too through a loyalty and coupons program, which they can redeem and use on their products of choice in the store.

The ideal POS system should seamlessly integrate gift, loyalty, and coupons programs to cultivate long-term customer relationships and loyalty for business success.

Endnote

Technology is part and parcel of every sector, and as new technologies keep being invented, the customers’ expectations of their shopping experience keep rising as well. To remain competitive, your liquor store just has to keep up with these rapid tech changes. Invest in future-oriented technology that personalizes your business processes and leaves the customer impressed.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

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As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website. 

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.

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