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  Alan Friedman, CPA, provides accounting and financial services to music industry clients. He is a frequent speaker at NAMM University seminars. His columns address the various financial issues of running a music products dealership. |
| FEBRUARY 2006 Doing Inventory at 50 ‘Even as a music store incurs operating losses and negative cash flow, it has the ability to conceal its forthcoming demise by stalling vendor payments.’ {DOWNLOAD ARTICLE} MAY 2006Radio Gaga About Buying ‘What music retailers need to realize is they’ve only gotten a great deal on their inventory when they sell it, not when they’ve bought it.’ {DOWNLOAD ARTICLE} JUNE 2006Won’t Get Fooled Again Getting in tune with the straight and narrow through inventory accuracy {DOWNLOAD ARTICLE} JULY 2006I Need a Shrink for My Shrink Calculating the true cost of inventory shrinkage on a music products retailer {DOWNLOAD ARTICLE} AUGUST 2006Let’s Get Physical Physical inventories at year end don’t have to be a pain in the rear end {DOWNLOAD ARTICLE} OCTOBER 2006Inventory Valuation: A Moving Target Tracking inventory worth and its impact on profits and taxes {DOWNLOAD ARTICLE} NOVEMBER 2006Retail Vs. Rental Inventory Understanding the valuation differences between inventory for sale and for rent {DOWNLOAD ARTICLE} |