Sin #5 - Holding Stock That Hasn't Sold

Prosperity on the Horizon

Welcome back to the Prosperity on the Horizon podcast!

In this episode we debunk the myth of dormant inventory and provide strategies to keep inventory alive and thriving.

We discuss how inventory can be a dynamic asset in constant motion, not just products on shelves and how unsold inventory eats into your profits.

We discuss issues that are typically faced by product-based businesses but the strategies are applicable to services or project resources as well.

Listen in for actionable steps on how to liberate your business from stagnant inventory, why frequent stock take is essential and how negotiating better terms with suppliers can be aligned with your sales cycles. We reflect on the impact of neglecting inventory management and highlight the potential benefits of taking control, including increased profits, streamlined operations and sustained success.

If you are listening to this series, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.

To help you on your journey of building a thriving business with healthy cash flow, I’ve created this podcast series to highlight the biggest mistakes that prevent businesses from succeeding. To assist you in maintaining a healthy cash flow in your business, I walk you through The 7 Deadly Cash Flow Sins and give you tips and strategies on how to overcome them.

You can grab a free copy of my e-book ‘The Seven Deadly Cash Flow Sins’ right here, right now.

You can also subscribe to our ‘Prosperity Playbook Bulletin’ to get notified when a new podcast episode is released, and of course you will get a lot more value out of it.

Where to find us:

Available on all major podcast platforms: Apple Podcasts, Spotify, Google Podcasts and Amazon.

Subscribe on your favourite podcast app to stay in the loop with every insightful episode.

If you’d like to find out more about Julianna and her business, visit www.horizonaccounts.com.au or follow her on LinkedIn and Instagram @horizonaccounts

Stay tuned for the next episode of Prosperity on the Horizon, the podcast that transforms businesses through the power of numbers and the story behind them.