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IntroductionQuickBooksQuickBooksIntuitsQuickBooksQuickBooksCommonProblemsFacedbySmallBusinessInventoryControlIssues1Iyourbusinessissimilartoothersmallandmedium-sizedbusinessesyouarelookingorsmarterwaystorunyourcompanytosurviveinthischangingeconomy.Atergainingcontroloyournancesgenerallywiththenextareasoreciencyimprovementincludeordermanagementinventorycontrolwarehousemanagementandmanuac-turing.Inthepastthismeantleavingandbuyingsotwaresystemscostingupwardso100000withreoccur-ringcostso20000ayearcoststypicallyoutsidethebudgetosmallandmedium-sizedcompanies.Additionallythesesystemscanbecomplicatedandcumbersometouse.Findingemployeesthatareknowledgeableinthenewsystemaddstoboththesecostsandyourrustration.FortunatelyFishbowlInventoryisanafordablesolutionthatsolvesmanyotheproblemsthatonlyexpensivesolutionssolvedinthepast.Fishbowlintegrateswithandistheleadinginventorycontrolandmanuacturingsolutionallowingcompaniestocontinuetousethesotwaretheyalreadyknow.InshortFishbowlprovidescontrolovermanyproblemsacedbysmallandmedium-sizedbusinessesthataretryingtosurviveintodayshighlycompetitivebusinessworld.Thecostopurchasingandormanuacturingproducttosellisotenacompanyslargestexpense.Itsessentialoraninventorycontrolsystemtoknowhowmuchoaproductisavailabletosellandwhereitislocated.Keepingtoomuchinventoryonhandmaytieupcashthatcanbeusedorotherpurposessuchasmarketingnewstoresemployeesetc.Youalsoriskhavingyourproductsexpiringorgoingoutostylebeoreitissoldoneothereasonsmanycompaniesgooutobusiness.Keep-ingtoolittleinventoryrisksrustratingcustomerswithout-o-stockitemswhichresultsinlosingsalesandrepeatcustomers.Manuacturersworryaboutproductionlineconstraints.Inventorysittingontheproductionlinebetweenprocessesneedlesslytiesupcashandstoragespace.Italsopointstoareaswhereimprovementscanbemadetoincreasethespeedandthroughputoyourprocess.Shrinkageisaconcernoranyonewithrawgoodsandproductstosell.Whetherromthetbreakagemateriallossesitemsgoingobsoleteoutostyleseasoncompaniesneedtobeawareotheseissuesandimproveprocessestohelpminimizethem.Knowhowmuchinventoryisonhand.Inventoryismoney.OldandobsoleteinventorycanparalyzeyourbusinessSourceHandbookforSmallBusinessfromtheU.S.SmallBusinessAdministrationWhitePaperADVANCEDINVENTORYCONTROL