July marks mid-summer.  With the rainy weather we have had, it doesn't seem much like summer.  If you are a retail establishment, perhaps you're overrun with summer gear, clothing, furniture or toys.  What's the best way to move inventory - why having a sale of course!

If you don't know what you have on hand, how can you manage to work your inventory down to limit your tax liability?  There are times when out of stock may be okay.  Review our tips on inventory management to help increase your cash flow and improve your bottom line.