Every shop owner has lived through one of two nightmares. Either the storeroom is stuffed with stock that’s just sitting there, quietly eating into your working capital and gathering dust,…
One of the first lessons you learn when you start a new business is the truth of the saying that one is never simply a seller or a buyer. Payment…
Walk into any clothing store during a season change, and you’ll see the problem up close: racks of last month’s stock nobody wants, and a customer at the counter asking…
If you own a retail or distribution firm or are the keeper of a tiny pharmaceutical shop, you most likely have experienced this without any calculations: your business premises are…
Most businesspersons in the country remember when they first opened their shops and filled their first notebook. Some of them are still using it, honestly. Handwritten bills, a calculator on…
Have you ever waited in front of an empty shelf while a customer has gone home without buying anything because you are missing just one piece of merchandise? That’s usually…
Every shop owner has had this day: a bill gets typed twice, the stock count doesn’t match what’s actually on the shelf, and someone’s filing a GST return an hour…
If you’ve ever done a full stock count by hand, you already know how it goes. Two people end up with two different totals, someone forgot to log a return,…
A vendor I know spent almost three weeks chasing a payment last year. Turned out her accountant had typed the invoice number into the PO number box on the form.…
I can still picture that ledger book used by my uncle when he ran his hardware business. The book was a hefty piece measuring about two centimeters. The pages were…
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