inventory management software Q&A

Growing Too Fast?

We get many of our new business calls from ordinary small business owners. They wake up one day to find their sales are coming in thick, fast, and out of control. We know the situation well. Its when off-the-shelf inventory management software starts to cause more problems than it can solve. In most cases, its because the inventory management software they use doesn’t provide the integration and data intelligence needed to suit their growth.

Growing insanely fast sounds like a dream come true for any entrepreneur, but anyone who has been there knows that this kind of growth can be dangerous. Any growing business must have a steady flow of funds in order to carry out the bottom line. It needs human and material resources that it can predict and afford in order to keep up with that growth. And it needs rock-solid accounting and inventory management software. Here are a few signs that your business is growing too fast for its own good…

1. You are borrowing money just to keep up with daily operations.

2. The cost of adapting/keeping up is narrowing or even reversing your profit margin.

3. Your staff is so busy that they can’t train/support/onboard new staff, creating collusion.

4. Customers are complaining in large numbers and you lack the resources to address those complaints.

5. Your business is becoming cut-off from the outside world.

6. Your accounting costs are soaring because your software can’t patch the holes fast enough (this is especially true for businesses with inefficient inventory management software for Mac)

Contact us to find out if AcctVantage is right for your company.