#96: All Things Inventory + Profit First for Retail
We're talking about what you need to know when it comes to your inventory and about inventory and Profit First.
I want you to think about three things:
- Your inventory is your biggest asset in your business.
- Your inventory needs to show up on your balance sheet.
- You should always manage any inventory damages and/or mis-ships.
As a Profit First certified coach, I work with clients on how to include inventory in the Profit First method.
I hope you'll listen in as I talk through each of these three aspects of inventory and how to use Profit First in your inventory-based business.
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