Mobile phone shops have now reached the alleys of neighborhoods across Bangladesh. The main reason behind this is the necessity and demand for mobile phones. That’s why mobile phone shops are no longer limited to showrooms or brand outlets. Rather, they have now gained recognition as a profitable, common business. Whether it's in the city or the village, there is a demand for mobile shops in every area. And for this reason, many ordinary entrepreneurs are involved in this business. Many of them face difficulties in managing accounts while running the shop. Keeping track of daily sales, stock, customer invoices, and retail and wholesale transactions often leads to mistakes.
But times have changed. Now, instead of pen and paper, you can manage your mobile phone shop using a mobile app. A smart accounting app is enough to quickly record transactions, create sales invoices, and even manage stock.
In today’s blog, we’ll learn how you can manage your mobile phone business more easily and in a modern way!
This blog contains-
Key Areas to Focus on in a Mobile Phone Shop
To run a mobile phone shop effectively, it’s essential to pay attention to several key areas. For successfully managing the mobile phone business, regular monitoring of the following aspects is necessary, such as:
1. Stock and Inventory Management
Every day, new devices and models arrive and get sold in a mobile shop. Therefore, managing the stock and inventory of the mobile shop is the most important task. If in-demand models or brands go out of stock, sales stop, and customers become dissatisfied and go to other shops.
2. Accounting for Retail and Wholesale Transactions
Both retail and wholesale transactions take place in the same shop. Therefore, if the accounting for wholesale and retail sales of mobile phones is not properly maintained, it can lead to losses later.
3. Customer Invoices and Accounting of All Transactions
For every sale, it is necessary to create a customer invoice. This way, you can keep an accurate record of which phone was sold to whom and when. Additionally, outstanding payments and product warranties/guarantees can also be tracked through the invoice.
4. Daily Income and Expense Accounting
If you don’t know exactly how much income you earned and how much was spent in each category, you won’t be able to accurately calculate the profit and loss of your business.
How are you currently managing the accounts of your mobile phone shop?
Even today, many mobile phone shop owners keep their accounts in notebooks or Excel sheets. Some write daily sales records in their phone’s notepad. But the big problem with these methods is—
- It is difficult, and most of the time impossible, to reconcile the accounts accurately.
- If there are multiple shops, tracking becomes difficult.
- There is a risk of losing the accounts.
- Errors in entry and manual mistakes are not easy to avoid.
- Both time and effort are required in large amounts.
When a customer or supplier asks for a reference to an old transaction, searching through notebooks is difficult. But if you use an accounting app, everything will be right at your fingertips!
How an Accounting App Will Transform the Way You Manage Your Mobile Shop’s Finances!
In this era, you can easily manage your entire mobile phone business with just one or two apps. The easiest example is the ‘HishabPati App!’ which is absolutely perfect for mobile shops. Let’s find out how this app can transform your business—
1. Stock and Inventory Updates with One Click
Add every phone or accessory to the inventory. See at a glance when a phone arrived, which ones have been sold, and how many are still in stock. All your accounts will be updated instantly on your laptop or mobile.
2. Create Customer Invoices Instantly with Each Sale
As soon as a customer buys a phone, instantly generate a mobile sales customer invoice. This keeps your customers satisfied and provides proof of your sales. Most importantly, it helps maintain your business’s brand image.
3. Separate Accounting for Retail and Wholesale Sales
You will be able to track wholesale and retail sales of mobile phones separately. This will make it very easy to understand profits and losses. You can also store detailed information about all your customers.
4. Easily Generate Income and Expense Reports
View daily income and expense reports on the dashboard. At the end of the month, you’ll know which areas had the highest expenses and where most of your income came from. These reports will greatly help you create your business budget.
5. All Old Accounts, Customer Names, and Transactions on a Single Platform
If an old customer returns, you can quickly retrieve their previous accounts and provide service instantly. Managing outstanding payments and transactions becomes very easy.
6. Multi-Shop and Multi-User Support
If you have multiple shops, you can view the accounts of all your shops in a single app. You can even give separate access to multiple employees.
Worried about costs? The HishabPati app is the easiest and most affordable solution!
Many people think that apps like this cost a lot of money. But with the HishabPati app, a surprise awaits you! You can use the premium plan on a monthly basis starting at just 99 Taka.
- Free Registration
- Affordable Premium (Monthly) and Business (Annual) Plans
- Exceptional Customer Support
- Data Backup and Security
This app is absolutely perfect for a mobile phone shop owner. Whether you are just starting a new shop or want to digitalize your existing one, HishabPati can be your best companion!
So, run your mobile phone business right from your mobile!
Now, you no longer need a desktop or paper ledger to manage your mobile phone business. Handle all your business accounts right from your smartphone!
- Buy and Sell
- Give Invoices
- Update Inventory
- Record Accounts
- View Reports
This app is especially suitable for—
- New or existing mobile phone shop owners
- Those who run retail or wholesale mobile phone businesses
- Whether you run the shop yourself or manage it through employees
- Those who want to keep track of customer invoices and stock
This is smart mobile phone shop management—where you save time, reduce costs, and increase profits! If your mobile phone shop is still running with pen and paper, now is the time to make the change.
In today’s era, digital accounting is essential to successfully run a mobile phone shop. The era of pen and paper is over. Now, manage your business right from your mobile. The HishabPati app is an easy, secure, and affordable solution that offers you stock management, customer invoicing, income-expense tracking, and reporting features. Install it on your mobile today and try the basic package.
Demo - View this & start your journey with HishabPati in three simple steps!
- Step 1: Sign up on HishabPati
First, go to the HishabPati website and create an account for your business. Or, to make managing your business easier, download and install the ‘HishabPati’ app for free today.
Then complete the registration. The registration process in HishabPati is very easy and completely free!
- Step 2: Set up your company
After signing up, first set up your business profile by providing the necessary information as the owner. Then, set up essential business aspects such as inventory, units, purchases and sales, outstanding balances, invoices, and transactions. After that, start updating daily transactions.
- Step 3: Enjoy the various features of HishabPati
After starting to keep business accounts on HishabPati, make use of the necessary and unique features, such as invoicing, barcode scanning, units, and expense management, among others. Watch a demo video on YouTube in Bengali to understand the usage and features of HishabPati in detail.
Digital ledger for income and expenses – HishabPati demo.
HishabPati is a simple and affordable accounting app. Its subscription fees are divided into different durations and offered in budget-friendly packages. Check Pricing and Features of HishabPati & choose your desired one. Good luck for your business !
