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How to Organize Inventory for Small Businesses

Time is money.

That’s why the last thing you need is a phone call from one of your employees saying they can’t seem to locate a much-needed item in your storage space.
That wastes your time and your employee’s time—and it also slows your business down.

Thankfully, it doesn’t take too much effort to make sure your inventory is stored the right way.

How to Do Inventory

You’ve got a small business, not a Fortune 500 company (at least not yet), so you’re probably not in the market for an inventory management system that’ll cost more than a new car.

The good news is that there are more options than ever for small businesses, all of which are either free or reasonably priced. Check out SOS Inventory and JumpStock.

As your business continues to grow, you can consider more advanced options—or even hiring a third party to help with inventory—but it makes sense to start slow and keep your overhead low.

How to Store Inventory

No matter what app or software you’re using to manage inventory, there are still a few basic steps that any small business owner should take.

Your storage space should be clearly labeled, so that anyone who walks in can quickly find what he or she is looking for. Keep items that are accessed more frequently towards the front of your storage space and take the time to go through your inventory at least once a year to keep it organized.

Storage Inventory Solutions

Organized inventory is a beautiful thing. On the flip side, things can get pretty miserable when you’re running out of space and find yourself stashing inventory in hallways, offices, or even the breakroom.

Many small business owners find that self storage is an easy and affordable way to get more space—without moving or permanently increasing overhead.

About StorageMart

StorageMart offers clean and well-lit self storage units that are available to rent on a month-to-month basis. For small business owners, the commitment-free extra space is often just what’s needed to grow their business. Interested in learning more? Visit us online today to easily rent a unit to fit your business needs.