Did you know that if you are a corporation you pay taxes on inventory at the end of the year?
This is why I always do as many sales as possible prior to December 31st…….. rather put the money in my pocket.
To round things out each year, I try to do one or two home parties (or sample sales) to get rid of excess old inventory or showroom samples, press samples or anything that was returned from internet sales throughout the year that is still laying around.
Home parties can be super fun – especially if you invite other designers you know to participate as well – it brings in more shoppers!
Here’s to lowering your taxes and putting more cash in your pocket!
I am thinking about doing a home party. As always, great tips!
Sarah:
Thank you for the excellent ideas. I must act on them immediately!
Want to express your opinion?
Leave a reply!
Your program is already helping me sooo much.. and I finally feel like there is a light at the end o… Read more
I’ve worked with Sarah for about 3 months now and my line has been picked up in 2 new stores with … Read more
I wanted to share the importance of persistence, as you always say! I pitched another item to this w… Read more
I’m already getting orders from the email with the updated pricing that I just sent to my current st… Read more
Sarah Shaw is like Google, the entire How To section of Barnes and Nobles, Consumer Report and Yoda … Read more
Sarah is exactly what I have been looking for to take my business to the next level. She brings a to… Read more
Everything’s coming together. I am so excited. Thank you"20px" /> the website looks great. I am so… Read more
I LOVE working with Sarah! The best business decision I’ve made recently is joining Sarah’s Retail R… Read more
Sarah has always been so knowledgeable and has helped me so much in growing my business and getting … Read more
We enrolled in Sarah Shaw’s program because we needed someone to kick us into shape! She did just … Read more
2 days ago
3 days ago
5 days ago
7 days ago
1 week ago
© 2009-2023 Entreprenette LLC. Entreprenette® is a registered Trademark of Sarah Shaw
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |