Tag: stock control
- The third cause of poor cashflow – Your stock turnCarrying stock for too long means full shelves but an empty bank account. Similarly, if you’re a service provider and are taking forever to bill for your services, consider that work in progress as a form of virtual stock. You can calculate your ‘stock turn’ by taking your cost of sales from your annual financial…
- Strong stock controlStock control is so important for businesses. Are you aware of your levels of stock? How often is the stock turning over? Ewen takes you through the importance on being on top of your stock control for your business to thrive in this short video.