Why is stocktaking important?
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 Licensed Trade Stocktaking Ltd, 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
