Stocktaking is essential to all businesses in the licensed trade, as it enables you to check that your business is performing to its projected forecast, and that you are receiving the gross profit that you had intended.
Stocktaking also highlights any problems with stock shrinkage, for instance theft, and determines whether the pricing and ordering of stock is accurate.
Given today’s economic climate, it pays for any business operating in the licensed trade sector to conduct regular stocktakes to make sure that it is profitable.
By choosing an independent stocktaking company who specialise in licensed trade, like Assets Licensed, you can be certain of finding the answers you need to improve and grow your business.
Stocktaking Provides The Following Crucial Information For Your Business:
Determines how well your business is performing
Checks your gross profit
Tells you if you have any stock problems, i.e. theft
Helps you with your pricing strategy
Helps you place the right orders
Provides the performance information you need to run your business profitably
Provides an accurate picture of your stock holding
Highlights product sales performance
Helps reduce stock levels and improve cash flow