The Inventory Genius Podcast

This week we're getting into the nitty gritty of a few more complex issues related to inventory based businesses. In this episode, we're taking a closer look at dropshipping, damages and the ins and outs related to adding a service component to your product based business. We'll breakdown each of these three issues and work through how to best handle each topic. Tune in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.

A strong balance sheet is a crucial part of any business. And for inventory based business owners, it can be tricky to figure out how inventory fits into the balance sheet. Tune in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.

Net profit is one of the main focus areas that make up what it takes to become an Inventory Genius. And while you'll often hear business owners noting, focusing on and bragging about their top line number (their gross profit), the net profit is the real litmus of whether or not a business is thriving (or even surviving!).  Net profit is what you are left with at the end of the day. It's what remains after the cost of goods sold is subtracted from the sales, and the expenses are all paid. The net profit is a key part of business, but it's also a number I seldom hear people brag about. With the Inventory Genius Method, I'm working to change that. We need to have a much stronger focus on the net profit of our businesses. Tune in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.  

You may be saying, “I am growing! I am scaling. I need all these things.” And you do. However, if you don’t focus on the right things before you scale, if you don’t manage your inventory and learn to read the numbers, you will scale your problems right along with your sales. Tune in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com. More About the Episode Sponsor: Simple Strategies Group (https://linktr.ee/simplestrategiesgroup) - Get help automating your text and email systems!

How can an Open to Buy help you increase your margin? You won't simply be guessing, buying, guessing wrong, marking down, and repeating this ugly and unproductive cycle. You will be buying smarter, and buying smarter means more margin. Listen in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.

More money on the bottom line. More cash in the bank account. A paycheck for you. All three of these goals can be achieved by increasing the top-line sales. Listen in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.

The importance of inventory is so overlooked. People see inventory as cute stuff to fill up the shelves, things people can add on to their services, or a reason to go to market twice a year. But inventory is the lifeblood of a product-based business. Your inventory will either load you down with debt, or it will create a surplus of cash. One hundred percent of the business owners who jump on a consult with me have inventory, and over ninety percent of them don’t know how much they own without pulling up their point-of-sale system. Even then, most of them cannot find the number or have never looked before. Yet inventory is what drives either all, or a considerable amount, of revenue through their cash registers. Listen in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com.

"What ifs" are futile. There is no point in wishing to rewrite the past unless we use those "what ifs" to create our genius. We must own our mistakes and dig deeper into how to do it better the next time around. Let's use my "what ifs" to help you begin to rewrite your story before you end up on the couch with your own box of tissues and bottle of Tums. Let's talk through how the Inventory Genius Method can breathe new life into your product-based business. Listen in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com. 

So, what is the work? Wouldn’t we all just “do the work” if we knew financial freedom lie within our grasp? Wouldn’t we all do whatever it takes to finally sleep at night, pad the bank account, and rid ourselves of imposter syndrome once and for all? Listen in to learn more... Get Your Copy of My New Book - https://www.ciarastockeland.com/book Get Going with the Inventory Genius Club - https://www.ciarastockeland.com/offers/zsc6RtjdBook a Consult Call - https://www.ciarastockeland.com/work-with-meSign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236Please send any business inquiries to hello@ciarastockeland.com. 

On today's episode, I'm talking with Kristin Fisher (retail strategy coach and founder of Bocu) about how (and why!) to say no to good opportunities. We'll be learning how to edit - not just our inventory, but also how to edit business opportunities that come our way. Get Your Copy of My New Book - https://www.ciarastockeland.com/book Book a Consult Call - https://calendly.com/ciarastockeland/consult Get Going with the Quickstart to Inventory Genius - https://www.ciarastockeland.com/quickstart-inventory-genius (save $100 when you use code, "PODCAST")Sign Up for Free Weekly Tips and Trainings - /blog/goals-setting-tracking-measuring-achieving#section-1643058524236 Connect with Kristin@kristinfishercoaching@shopbocushopbocu.comPlease send any business inquiries to hello@ciarastockeland.com.