Is Your Business a Museum? How “Dead Stock” Drains Your Cash Flow
Hello house, There’s a silent killer in Nigerian retail that quietly siphons millions of naira from shop owners every month. It’s called dead stock: items that sit on shelves for months, gathering dust instead of generating profit. Many retailers load up on bargains or fill shelves to look busy, but unsold goods tie up capital. That money could buy fast-moving items, cover rent, or fund marketing. Worse, stock can depreciate, expire, or incur extra storage costs. To break free, audit your inventory today. Check your turnover rates and calculate the opportunity cost of each slow-moving item. Then decide which products to clear out and which to reorder. Let’s discuss: How do you handle goods that refuse to sell? Do you cut losses quickly or wait for the right buyer? Share your strategies.
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