Inventory Control Remember, inventory is money.

Jan 21, 2003

Share

Inventory control doesn't just mean counting. Take physicalcontrol of your inventory, too. Lock it up or restrict access.Remember that inventory is money.

Excerpted from Start Your Own Business: The Only Start-Up GuideYou'll Ever Need

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

This Mom Used an 'Overlooked' Ingredient to Grow a 6-Figure Side Hustle From Her Kitchen: 'Like an Intensive MBA Program'
OpenAI Is Creating AI to Do 'All the Things That Software Engineers Hate to Do'
He Used AI to Make $70,000 in a Weekend — Here's How
After Losing $5 Million Overnight at Age 25, He Started a Business on Track for $50 Million. Here's the 'Lightbulb Moment' That Made It Happen.
Looking to Open a Franchise on a Budget? These Brands Cost Less Than $5,000 to Get Started.
She Kept Her Garage Side Hustle a Secret — Then It Hit $10,000 a Month Using This 'Stealthy' Strategy

Most Popular

See all

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

By Joel Trammell

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

By Amanda Breen

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel

Business News

What's Open on Easter Sunday? Costco and Target Will Close, But One Major Retailer Will Be Open. Here's What To Know.

The stock market was closed for Good Friday on April 18. Here's what's closed for Easter Sunday, April 20.

By Erin Davis

Science & Technology

Your Clients Are Using AI to Replace You — Do These 3 Things Before They Do

Harness these three steps to audit, evolve and future-proof your offer before AI replaces you.

By Ben Angel

Leadership

Here's What It Takes to Evolve From Hands-On Founder to Strategic CEO

Making the leap from founder to CEO requires more than just growth — it demands a shift in mindset.

By Nicholas Leighton