Tips for Inventory-Based Businesses

askciara boutique business boutique business tools boutique ownership education goal setting inventory Aug 24, 2022
 

 

Do you own an inventory-based business? If so, here are 4 quick tips, just for you! 

 

1. Inventory is your biggest asset.

Think of your inventory as cash on hangers and cash in boxes. Treat your inventory like cash - know how much you own, and know how quickly it's turning.

 

2. If you have a goal without a plan, it's going to stay a wish.

Know how you're going to execute your plan! Don't stay in a spot where your plan continues just to be a wish.

 

3. Make success a habit.

How do you define success? Make it a habit to reach your version of success.

 

4. You are selling a solution to a problem.

You're not just selling products; you're selling solutions! Think about how you can solve your customer's problem - and how you can sell the solution.

 

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Weekly bite-sized advice from Ciara Stockeland.