Small business owners should avoid cutting prices on slow-moving items since it is better to hold onto them and try to sell them later at normal prices.

Question

Quizplus · Accepted Answer

Cutting prices on slow-moving items can help clear out inventory, free up space for more profitable items, and improve cash flow, which is often more beneficial than holding onto them indefinitely in hopes of selling them at full price later.

Small Business Owners Should Avoid Cutting Prices on Slow-Moving Items