InvoiceBerry Tips for for Freelancers & Small Businesses 9 Most Important Financial Numbers Explained | Page 9

6. Total Inventory
For many small businesses that sesll physical goods, it’s
important to measure inventory on a weekly basis to make sure
that it isn’t increasing. If your inventory is increasing, this is
usually an indicator of sales problems.
Measure inventory on a weekly basis
Your storage costs, waste, and of course reduced profits are
connected to inventory, so it’s very important that you monitor
your inventory number.