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Microstock-UK General Information

It may cost a little more, but if it keeps you in control of your business and provides an early warning mechanism then it will be worthwhile. You will be able to sleep at night in the knowledge that if someone is planning on ripping you off then there is an above average chance of them being caught.

Stocktaking …Why Bother?

10 years ago it was estimated that the licensed trade lost a whopping £1bn per annum due to theft.

  • Hi tech tills, although a great aid to the licensee and stocktaker alike cannot cope with short changing, short measures or not ringing items into the till.
  • Look at stocktaking as a regular financial health check. Regular monthly stocktaking allows you to monitor progress in your business and make adjustments as necessary. To find you have not hit your GP at the end of your financial year is too late.
  • The stocktaker can offer sound advice and can help you to identify and rectify problems as well as achieve your targets.
  • The stocktake and audit function really needs to be free of the conflicts of self-interest and this can only really be achieved by appointing a professional stocktaker or reputable stocktaking company.
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It may cost a little more, but if it keeps you in control of your business and provides an early warning mechanism then it will be worthwhile. You will be able to sleep at night in the knowledge that if someone is planning on ripping you off then there is an above average chance of them being caught.

MORNING ADVERTISER Feb 2007

It's Your Stock

Keep it under control

Microstock-UK Stocktakers - Pile of Coins