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Useful reads on warehouses, stock counts and audits.
- How to start stock records for a small shopYou do not need a perfect system: answering what you have, what sold and what arrived is enough.
- Notebook, Excel or software: which suits youIf you sell dozens of items a day a notebook will do; for hundreds you need Excel or software.
- Building your item list in one dayWalk the shelves after closing, noting name and quantity, and you will finish in a day.
- Giving every item a short internal codeA short code saves writing long names and mixing up similar items.
- Purchase price and selling price: you need both columnsIf you only record the selling price you will never know exactly how much you earned.
- Margin and markup: what is the differenceMarkup is a percentage of cost while margin is a percentage of the selling price; they are not the same number.