How can I monitor outgoing stock for a food-cart business?
By Brad Sugars •
Opinions expressed by Entrepreneur contributors are their own.
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.
All the best.
Brad Sugars