Monday, March 9, 2009

What about inventory?

When looking at your business, be sure to control inventory.  Many clients who have physical products have too much inventory that is not actively working for them.  Do a quick check of the inventory you have in your business - even if it is a small amount.  If it hasn't sold in the last six months, you need to get rid of it.  Find a way to capture cash out of it or ship it back.

On a personal note, reduce your own life.  If you haven't used something in the last year, do you really need it?

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