MBA1900 Q&A Wednesday: How do I forecast purchases and inventory of goods for future sale?
The $100 MBA Show
00:00
How to Build a Relationship With Your Suppliers
If you're just getting started, unlike ran who asks a question, is to start low. Start with low inventory. It's better for you to sell out in the beginning than to be overstocked and be at a pocket. By selling out, you know where your limits are. You know now how much to order and how much over ordering looks like. If you got a question you want to ask here on cue and a wednesday, go ahead ask it. Just email me over at omar at one zero zero mba dot net, and you can get your question answered right here on the show.
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