Despite all the hype surrounding ecommerce, a majority of businesses still have brick and mortar locations. While sites like Amazon and eBay may be convenient, there is nothing like making a purchase in person. As such, brick and mortar businesses continue to flourish in many sectors of the economy. However, you still need to be aware that succeeding as a brick and mortar business is still extremely difficult. Thankfully, there are resources you can take advantage of to improve your odds of success.
Inventory Management Software
One of the most difficult parts of running a brick and mortar store is managing inventory. Failing to properly manage your inventory can quickly bleed your business dry. Inventory is such a huge investment that most businesses hold almost one and a half times the value of their revenue in inventory. If you want to manage that inventory correctly and not lose a lot of it to theft and spoilage, you need a strong software based inventory management software. Read More