http://www.vendio.com/vendable/2008/11/21/let-go-of-obsolete-inventory/ Driving currency from change - News and comment from the world of online multi-channel selling Sat, 10 Dec 2011 03:14:18 +0000 hourly 1 http://wordpress.org/?v=3.1.4 http://www.vendio.com/vendable/2008/11/21/let-go-of-obsolete-inventory/comment-page-1/#comment-11679 Vendable » Blog Archive » Understanding Inventory Choices with Vendio Mon, 28 Dec 2009 16:45:57 +0000 http://www.vendio.com/vendable/?p=170#comment-11679 [...] Let Go of Obsolete Inventory [...] [...] Let Go of Obsolete Inventory [...]

]]> http://www.vendio.com/vendable/2008/11/21/let-go-of-obsolete-inventory/comment-page-1/#comment-9565 Vendable » Blog Archive » Holiday Headaches..Excess Inventory and Taxes Mon, 09 Nov 2009 14:02:58 +0000 http://www.vendio.com/vendable/?p=170#comment-9565 [...] thing to consider is to get rid of your obsolete inventory. Previously, we posted about “Letting Go of Obsolete Inventory”, and this may an opportunity for you to have an inventory reduction sale, or reduce your [...] [...] thing to consider is to get rid of your obsolete inventory. Previously, we posted about “Letting Go of Obsolete Inventory”, and this may an opportunity for you to have an inventory reduction sale, or reduce your [...]

]]> http://www.vendio.com/vendable/2008/11/21/let-go-of-obsolete-inventory/comment-page-1/#comment-229 crystalwells-miller Fri, 21 Nov 2008 18:37:35 +0000 http://www.vendio.com/vendable/?p=170#comment-229 Hi TekGems Good question. The possibilities are endless. You can have an inventory reduction sale, and let the items go for whatever you can get (end of year clearance sale). You can take it to your local auction or have a garage sale. For large inventory quantities, you can find a liquidator. You can donate it to charity. You can even put it in the trash. It does pay, however, to talk to your tax professional as disposal or donation is sometimes better than investing time in trying to sell it. Hi TekGems
Good question. The possibilities are endless. You can have an inventory reduction sale, and let the items go for whatever you can get (end of year clearance sale). You can take it to your local auction or have a garage sale. For large inventory quantities, you can find a liquidator. You can donate it to charity. You can even put it in the trash. It does pay, however, to talk to your tax professional as disposal or donation is sometimes better than investing time in trying to sell it.

]]> http://www.vendio.com/vendable/2008/11/21/let-go-of-obsolete-inventory/comment-page-1/#comment-227 TekGems Fri, 21 Nov 2008 18:20:33 +0000 http://www.vendio.com/vendable/?p=170#comment-227 This is so true. Obsolete products definitely have an emotional component to them. After getting over that, do you have any thoughts on how to go about moving the inventory out of the warehouse space? This is so true. Obsolete products definitely have an emotional component to them. After getting over that, do you have any thoughts on how to go about moving the inventory out of the warehouse space?

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