5 Dreadful Downsizing Mistakes
Hoarding Inventory
Inventory acts as protective shield for your business. So run out of the concept of storing inventory; try and execute it. Sell it and take the loss; access your locked-up capital. The cash is more valuable. It is a common trait amongst many business owners who feel more secure with inventory, and they invest a fortune in it. Later, they hate to part with it. In a downsizing, it is always best to get rid of it.
