It pays its taxes and fulfills its contractual obligations.
It liquidates its inventory and other assets by selling them off quickly, often for less money than the company originally paid for the items.
There are many sale options you can run to convert your excess inventory.
Here are four to consider: Do a couple of clearance sales a year.
If there is anything that requires your constant attention in ecommerce, it’s inventory management. But no matter how much time you spend watching your inventory, from time to time, there will still be slow-moving products and excess inventory that you need to liquidate. How you choose to handle it though, can make the difference between products gathering dust on shelves and a healthy bottom line.
We purchase various types of closeout products including excess inventory, general merchandise, liquidation merchandise and closeout products, offering you a lucrative way in which to turn your overstock and extra items into money that you can reinvest in your business.We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services.Excess inventory can be a serious financial drag for any business.The company may get more money for its inventory this way, but it may take longer to sell the products and receive payment.As an alternative, it can sell its entire inventory to a liquidator, who will pay a lower price for the products but will take possession of them and pay for them immediately.