The Importance of Completing a Physical Year End Inventory
It’s time to start thinking about year end tasks. One task that can often be overlooked is completing a PHYSICAL year end inventory. What does that mean?
cost of goods sold
How to Record Inventory You Decide to Keep For Yourself
How to record inventory when you want to keep something for yourself.
Why Retailers Need to Know What Inventory Costs Include
One of the most important strategies a retailer needs to develop is how they are going to price their products. In order to make sure you’re accurately marking up your products, it’s important for you to know what your inventory costs include.
Understanding Inventory vs Cost of Goods Sold in Retail
Are you struggling to make sense of the finances in your product-based business? Does the concept of inventory vs cost of goods sold leave you feeling like your head is spinning in circles? Then, I’m glad you’re here!