Why Bother with Having a Physical Inventory?
The Internet is full of online, home-based, business opportunities, and one of the most prolific of all scenarios promotes having a business person create a website and sell products that they never need to own, stock, or even touch, i.e., a virtual store where customers buy products and the seller has them shipped directly to the customer from some warehouse source. In theory, this sounds like a win-win-win scenario, but in practice many sellers have had their businesses ruined, their reputations tainted, and their credit destroyed because of a breakdown in the system or some sort of scam. For the most part, customers are really only interested in getting the product they purchased, but there are some that try to scam the unsuspecting seller into accepting bogus payments, shipping C.O.D., etc. At the same time, the legitimate buyers are the ones that can ruin the reputation of a virtual store – and justifiably so – by complaining about long delivery times, out of stock merchandise, an
