Inventory refers to goods in stock, either finished goods or materials to be used to manufacture goods.

For more, see The Art of Good Inventory Management, as well as How to Forecast Cash Flow.

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Bplans GlossaryBplans Glossary

At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.