Business in Brief Katoch hardware and stationery shop started in August 2021 in Indpur village, Himachal Pradesh, targeting children from class 1st to 10th. They sell a variety of stationery, eatables, and hardware items for villagers. The shop also provides photostat and online form application facilities.
Data Collection Data was collected from February 18th to March 20th by noting down daily sales and stocks. The data was then divided into 4 weeks for analysis.
Analysis Data pre-processing table was created to analyze:
Trends in Gross Profit Revenue Trends Sales Trends Inventory, Opening, and Inward stock Recommendations Be punctual and regular in opening the shop, especially before school hours. Initiate petty schemes to attract school children. Increase the variety of fast-moving stock for gaining more profits. Advertise non-moving stock and online services through social media. Display and advertise the price list, as the prices are cheapest in the locality.