How to Survive the Recession?
By siliconindia   |    3 Comments
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Reduce the cost of Inventory
How to Survive the Recession
If you are dealing with perishable items, it is wise to clear out all the inventories to prevent loss. Look for items that do not move frequently. It is what has locked you capital not only in terms of inventory, but also in terms of the cost of labor, cost of storage, rent and others. Try getting rid of such stock to turn it into liquid cash and use it for other purpose.