Inventory Control

If you sell merchandise, you should have a system in place to monitor it.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read
Opinions expressed by Entrepreneur contributors are their own.

An adequate stock-control system will tell you how much merchandise you have on hand, what is on order, when it will arrive and what has been sold. This kind of system allows you to plan purchases and intelligently, and you will quickly recognize fast-selling and slow-moving items.

Excerpted from Starting a Home-based Business

More from Entrepreneur

We created the Start Your Own Business (SYOB) course to help you get started on your entrepreneurial journey. You will learn everything you need to know about testing the viability of your idea, writing a business plan, raising funds, and opening for business.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Let us help you take the NEXT step. Whether you have one-time projects, recurring work, or part-time contractors, we can assemble the experts you need to grow your company.

Latest on Entrepreneur