The goods you keep to sell in your business.

Why it matters:

• Shows how much money is tied up in products
• Good stock management prevents losses from expiry, damage, or theft
• Helps plan re-orders and keeps customers satisfied
• Impacts your cash flow — too much stock = cash stuck, too little = lost sales

Example:

You run a shop with rice, sugar, and oil.
Your stock includes all bags and bottles you have on hand.
If you overstock rice and it spoils, you lose money. If you run out, you lose sales.

Do you track your stock carefully, or only when shelves are empty?

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