Taking It To The Streets

Inventory Service

If you have a mathematical, logical mind and good organizational skills--and don't mind working early in the morning--then a mobile inventory service may be the perfect business for you. With such a service, you travel to client sites such as grocery stores to take inventory, which entails counting and categorizing merchandise, computing the data and generating reports.

Most people in the inventory business have a retail-business background, where they've handled purchasing, pricing and the stocking of merchandise, according to Jim Boyd, president of Button's Inventory Service in Houston.

To get started in the industry, you'll need a knowledge of retail businesses and either a handheld inventory calculator to enter data (they cost about $200) or a handheld computer (about $1,800). The latter not only stores information, it also processes the figures and generates reports. Depending on the type of inventory you're working with--and its complexity--you can earn from $1 to $2.50 per thousand dollars of merchandise.

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This article was originally published in the August 1997 print edition of Entrepreneur with the headline: Taking It To The Streets.

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