small businesses revealed that a whopping 43% either do not track their inventory at all or rely on manual processes. When starting out, most SMBs use manual methods for inventory management purposes, namely spreadsheets. In other words, when you sell physical products, it’s inevitable that someone will be tracking what’s in stock, out of stock, and needs to be ordered, among other factors. And whenever you have inventory, there’s inventory management. What’s one thing that ecommerce and brick-and-mortar retail stores have in common? You probably guessed it: inventory. Winning a popularity contest doesn’t make QuickBooks the best choice for inventory management.
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