Inventory is a blanket term used to describe the goods that a business sells. For example, a car dealership's inventory consists of the cars that the dealership sells. A bakery's inventory consists of ...

Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

Inventory turnover is an indicator of a company’s revenue efficiency. It is the ratio defining how many times the inventory was sold and replaced in a given period of time. The inventory turnover ...