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The business world is extremely competitive and very dynamic. Starting a business is the easy part, running it successfully is where most entrepreneurs face challenges in Kenya and globally. It’s absolutely critical for any business owner, whether running a small or large business, to have a way of knowing accurately and promptly how the business

Unless you find a way to completely eliminate accidental damage, you’ll always have some inventory shrinkage over the course of your business’s lifetime. However, there are things you can do to get your shrinkage rate as low as possible. Employ frequent cycle counting If you’re not keeping an eye on your inventory levels, you’re vulnerable

Inventory shrinkage is when you lose inventory due to factors other than sales. One of the biggest challenges that Retailers in Kenya face is inventory shrinkage. If left unchecked, inventory shrinkage will most definitely cause a business to make losses and even close shop. But what is inventory shrinkage? Inventory shrinkage is when you lose

In today’s fast-paced business landscape, small businesses in Kenya, whether they are retail stores or restaurants, are constantly seeking ways to enhance their operations and streamline their processes. One critical aspect that plays a significant role in achieving these goals is the choice between traditional cash registers and modern Point of Sale (POS) systems. Let’s