Tracking inventory, purchases and sales figures provides vital information that can make or break your bar. Use the data you gather to control costs, guide your purchasing and maintain profitability.

If you are making your own financial statements for a small business, it can be hard to determine where you need to report accounts. Inventory is a balance sheet account and it is an asset. It is an ...

Once you have your equipment in place and you're just about ready to open your new bar, you can start working with suppliers to get your startup inventory. That means it's time to finalize your drink ...