
Stock Write-offs Explained: Turning Losses into Gains in 3 Simple Steps
To mamixmise profitability by writing off unsold stock: 1. Understand why it happened; 2. Consider the timeframe and value relative to annualised purchases; 3. ...
When you run and own a business, somewhere in your business journey the bank may put you in a corner which makes you think you will have nowhere to turn! In this video we discuss a story of a business owner who though the bank had him cornered, he was going to lose his business and his home. This story had a different ending to what you may think…
