Posted by showcrop on April 21, 2015 at 05:58:20 from (66.31.196.130):
In Reply to: Discounting good?? posted by Winchester1 on April 20, 2015 at 16:27:58:
When I was running my business I fortunately didn't have to worry about new models coming out that would devalue my stock on hand. Stores, dealers, etc. who have new styles models coming out every year, can see their on hand stock depreciate as it sits there, sometimes making it wise to move the stuff at their cost or even below so that they have money to bring new stock in. Many people think that to make a lot of money in business all that you have to do is open the doors, when actually 50% of new businesses fail in what? A year?
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