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SPI 783: How Kevin Espiritu Converted His Backyard into an 8-Figure Gardening Empire
The Smart Passive Income Online Business and Blogging Podcast
Navigating Inventory Management and Financing in Business Growth
Pre-selling products before they arrive can help in collecting upfront payments. Negotiating favorable terms for purchasing inventory is crucial for managing cash flow effectively. Understanding the demand curve and seasonality helps in forecasting inventory needs. Tracking data and incorporating growth projections assist in making informed decisions on inventory purchases. Having a skilled professional for demand planning or inventory management can prevent situations of overbuying and accumulating excess inventory that may lead to financial strain.
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