What Kind of Inventory Should You Complete
As January approaches, many retail businesses start thinking about completing their physical inventory. The benefits of completing such a process are well documented and include everything from documenting your shortage to resetting your on-hand counts. With the benefits known, the question is not whether you should complete an inventory. Instead, it is the best way to complete it
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Liquor liability laws differ from one state to the next, but there are a few things every establishment should keep in mind to protect themselves from the exposure.
Business as usual means something very different these days, and that will likely continue to evolve. Many people are referring to what comes next as the new normal and some are calling it the next normal. I prefer the latter, as I think normal will be a moving target for quite some time.
Recent events have caused businesses to rethink the way they do things and to adapt to the ever-changing world. How a business manages this process could separate the winners from those left behind to struggle. In retail, inventory is the blood that keeps profits alive.
