It's year-end, and businesses everywhere are scrambling to get their inventory counts completed before the clock runs out. Sound familiar? 📋
If you're reading this in mid-December and haven't scheduled your inventory yet, you're not alone—but you are running out of time. Year-end inventory isn't just a nice-to-have; it's essential for accurate tax reporting, financial statements, and starting the new year with clean, reliable data.
Why the Rush?
Every business needs an accurate inventory count for tax and financial reporting. But waiting until the last minute creates unnecessary stress, rushed counts, and costly errors that can haunt you well into the new year. When you're scrambling, mistakes happen—and those mistakes can mean:
- Inaccurate financial statements
- Tax reporting issues
- Missed discrepancies that cost you money
- Starting the year with bad data
The Smarter Approach: Plan Ahead
Here's the truth: the best time to schedule your year-end inventory was last month. The second-best time is right now.
But even better than scrambling for year-end? Having a plan for every year. At Chris White Inventory Solutions, we help businesses establish regular inventory schedules that keep them ahead of problems instead of constantly reacting to them.
Our Recommended Inventory Frequencies:
✅ Monthly Inventory – The Gold Standard
Stay ahead of shrinkage and theft, identify trends, optimize stock levels, prevent overstock and stockouts, and keep your financials accurate year-round. This is the proactive approach that gives you real control.
✅ Quarterly Inventory – A Good Middle Ground
Catch discrepancies before year-end, support seasonal planning and budgeting, and maintain reasonable accuracy without monthly commitment.
✅ Bi-Annual Inventory – Minimal but Helpful
Check stock trends twice a year and catch errors while leaving some room for surprises (though we don't recommend surprises when it comes to your inventory!).
📅 Annual Inventory – The Bare Minimum
Required for tax and financial reports, but it risks missing major issues until it's too late. This is reactive, not proactive.
Why Monthly? Because Knowledge is Power!
Staying proactive helps you make smarter decisions, cut losses, and boost profits. Don't wait for problems—prevent them! Regular inventory audits give you the visibility and control you need to run a tight operation and maximize profitability.
CWIS is Here to Help
Whether you need an emergency year-end count right now or want to establish a smart, sustainable inventory schedule for 2026 and beyond, Chris White Inventory Solutions has you covered.
We bring professional, mobile inventory audits directly to your location—whether you run a grocery store, convenience store, liquor store, restaurant, warehouse, or any other operation that needs accurate stock counts.
📞 Call Chris White Inventory Solutions (CWIS) today and let's keep your business on track! 🚀📊
Don't let another year-end sneak up on you. Schedule your inventory now, and let's build a plan that keeps you in control all year long.