Despite the wide variety and cost of products available, small liquor store start-ups can properly stock inventory by making purchases based on the business plan, mission statement and budget.

Looking at the “Purchase Commitments” chart above, the first piece of information to track is shown in the box directly to its right, “Changes to Buying Plan.” Here we simply record any time the ...

Inventory Budget Analysis. ... In order of inclusion, the eight components are the sales budget, the production schedule and the materials or inventory purchases budget, ...