How can I monitor outgoing stock for a food-cart business?
I'm about to start my food-cart business in September. I would like to know if there is a system for monitoring the the amount of stock that I use. I'm planning to hire someone, and I want to avoid pilferage.
For this type of business, you can determine a trend per dollar sold. Once you know your approximate level used per dollar level of sales, you can benchmark it and use it as a foundation for sales and to make sure your employees are honest.
It's a simple, common-sense system--and one that can help you as you expand.
The more you plan ahead, learn about the successes and failures of other business leaders while simultaneously creating an agile, easily adaptable company, the more likely you are to pass new milestones seamlessly.