Small shops, reselling and stock

Stock, margins and takings, without complicated software. Simple methods, concrete examples, and the details to check before confirming a record.

Guides in this topic · 15

Small business · 11 min

A simple business budget forecast for a small shop or side business

Build a first-year budget forecast for a small shop or side business: sales assumptions, variable and fixed costs, break-even point and a cautious scenario.

Small business · 10 min

Cash float: how much to keep in the till and how to count it

How much cash float to keep in the till, which notes and coins to hold, how to cash up at closing, and what to do when the till is over or short. Examples in $ and £.

Small business · 10 min

Cash flow forecast for small businesses: spot the tight months early

How to build a 12-month cash flow forecast for a small business: cash in, cash out, seasonality and payment terms, with a worked example and fixes for a tight month.

Small business · 9 min

Cost price: how to calculate what a product really costs you

How to calculate cost price for something you make or a service you sell: direct costs, a share of overheads and your own time, with worked examples in $ and £.

Shop · 10 min

How to avoid running out of stock in a small shop

Why small shops run out of stock, what a stockout really costs, safety stock when your supplier is unreliable, seasonal peaks, and a 20-minute weekly routine.

Shop · 10 min

How to do a stock take in one day: a method for small shops

Prepare, count, recount, value: a step-by-step method to do a full stock take in a small shop in one day, with a schedule, a count sheet and a worked example.

Shop · 10 min

Markup vs margin: the difference, with examples

Markup vs margin: formulas, a conversion chart, worked examples for a shop, a market stall and an online reseller, and how discounts and fees hit each.

Shop · 11 min

Reselling for profit: how much you really make and how to track it

Reselling for profit, honestly: real margin maths with eBay fees, time and unsold stock, when the IRS or HMRC sees a business, and a simple tracking sheet.

Small shop · 11 min

Running a small shop: the complete guide

Cost price, margin, stock control, stock takes, the till float, cash flow, markets and online orders: how to run a small shop, with a guide for each part.

Small business · 11 min

Selling at markets: cash, stock and tracking sales

Selling at markets without losing track: a daily cash-up sheet, counting stock out and back, margin per product, pitch fees and the records HMRC and the IRS expect.

Shop · 10 min

Selling on Instagram and WhatsApp: how to stay organised

How to run orders, stock, payments and delivery when you sell through Instagram DMs and WhatsApp, plus the UK and US rules that apply once it’s a business.

Shop · 11 min

Inventory spreadsheet: a free template with formulas

A free inventory spreadsheet template for Excel or Google Sheets: stock in and out, current stock, reorder alerts in red, stock value and weighted average cost.

Shop · 10 min

How to calculate profit margin (and markup) with examples

Gross, operating and net profit margin formulas with worked examples, markup vs margin, a conversion table, pricing from a target margin and the mistakes to avoid.

Small business · 14 min

Small business ideas: 50 low-cost ideas and how to test yours

50 small business and side hustle ideas grouped by skill, with indicative start-up costs, a simple way to test demand, US and UK registration basics and survival data.

Shop · 12 min

How to manage inventory for a small business, without complex software

Stock cards, reorder points, safety stock, ABC analysis, cycle counts and shrinkage: small business inventory management explained, with worked examples.

Put it into practice

Say it once. Binome360 keeps the record.

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