Business Guides by Kenyan Location
How Gikomba mitumba sellers can track stock and daily sales
Gikomba mitumba sellers can track bale costs, sales, transport, market costs, Cash, M-PESA and remaining stock.
Gikomba is strongly associated with mitumba and clothing trade. A seller may buy a bale or selected stock, pay transport and market costs, then sell items at different prices throughout the day or week.
The challenge is understanding whether a bale or stock purchase actually made profit. Some pieces sell quickly, some are discounted, and some may remain unsold.
If the seller does not record stock cost, daily sales and expenses, it is easy to confuse cash flow with profit.
What Gikomba sellers should track
- Bale or stock purchase cost.
- Transport and market fees.
- Cash sales.
- M-PESA sales.
- Discounted items.
- Unsold stock.
- Damaged or low-value items.
Simple example
- Bale cost: KSh 20,000.
- Transport and fees: KSh 2,500.
- Sales so far: KSh 31,000.
- Remaining unsold stock still has value but should not be confused with cash already received.
How Bizwazi helps
- Bizwazi helps track sales, expenses, stock and reports so mitumba sellers can understand which stock purchases produce profit.
How Bizwazi helps
Bizwazi gives small businesses a simple way to record sales, expenses, invoices, inventory, supplier bills, transfers, daily balances and reports in one place.