Every business has assets. Whether a food truck, mobile boutique, or a traditional brick and mortar store, the assets that you possess add value to your business and contribute to your day-to-day operations. That said, the types of assets you’ll need to manage as the owner of a mobile business will differ from those held by a traditional business. While the basic process is the same, it’s important to recognize the specifics in asset tracking for mobile businesses…
How to Track Inventory for Retail Business Owners
Developing a structured inventory management procedure is one of the most important aspects of any retail business. It’s a bold claim, but one that we think we can prove. The retail industry is powered by products, and even the best of stores is only as good as the stock that they have on-hand to sell. This is especially true for brick-and-mortar retail stores like boutiques. Creating a method to count inventory, track the funds you’ve invested in products, and know when to reorder is all an integral part of your business’s success…