small business advice

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Tracking inventory with a SKU system

As antiques businesses grow, they may move from selling at an antique mall or show to a free-standing retail location or sell online. As inventory and transactions increase, it becomes harder to keep track of inventory. Starting your business with an inventory plan, such as a SKU system, reduces problems and makes growth easier.

Small business advice gathered over 90 years helps antiques dealers

Columnist Wayne Jordan recently had a nice chat with Chip Averwater, author of "Retail Truths, The Unconventional Wisdom of Retailing." A retail "truth" is something that can only be discovered through experience. You can't learn these truths in business school. Here are 10 of Jordan's favorite retail “truths” and how they might help you...