A blog on issues affecting Australia's newsagents, media and small business generally.

Stocktake training for small business retailers

My advice to retailers is to never pay an outside party to do your stocktake and never do a stocktake outside of your POS software.

The most accurate stocktake result for any retail business is doing it yourself, using your POS software.

Recently, I got together with one of the stocktake experts at Tower Systems to discuss this and answer common stocktake questions we are asked.

Again …

  • Don’t use an external stocktaker.
  • Do your stocktake yourself.
  • Use your POS software to record, live, m the stock count.

This is the best approach for maintaining accurate stock on hand data and for valuing stock prior to a change of hands of the business.

Newsagency management

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