Stock Control
How supplier price changes affect stock profit
When supplier prices rise, old selling prices may no longer give enough profit.
If the supplier increases the cost price but the shop keeps the same selling price, profit margin can fall.
A business should review cost prices and selling prices regularly, especially for fast-moving items.
Bizwazi helps by storing selling price, cost price and supplier-related records so the owner can make better pricing decisions.
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.