Inventory Management Can Make or Break a Small Business

inventory management

Getting inventory management just right is essential for keeping your small business competitive. Having enough items in stock to satisfy demand helps you boost sales, but inventory can also take up a lot of space. It can also get lost, stolen, or even spoil, depending on the product in question, so it’s essential to keep … Read moreInventory Management Can Make or Break a Small Business

Making Small Business Inventory Management Work

small business inventory management

One of those unpleasant, but very necessary, tasks that all businesses must deal with is inventory management. Any small business that has lost a customer because items were out of stock, or lost money because of excess stock, understands just how essential sound inventory management is. When inventory management is done correctly, a business will … Read moreMaking Small Business Inventory Management Work

Inventory Tax Basics for New Small Business Owners

inventory taxes

You’ve done your research and set up an online store that has all the right elements in place for success. You’ve decided how much inventory you’ll need to keep on hand, and now you might be wondering how this will be taxed. Here is brief overview. At the end of the year, your business is … Read moreInventory Tax Basics for New Small Business Owners

Keeping Warehouse Costs Down

warehouse

Reducing warehouse costs is an ongoing project that requires smart actions that don’t compromise quality or customer satisfaction. Here are some ideas for helping your warehouse spend less and maximize profits. Inventory Protection Inventory losses to the tune of billions of dollars are noted each year in warehouses. While theft and misplacement do play a … Read moreKeeping Warehouse Costs Down

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