Baby Clothes Overstock and Clearance Items Why Donating Makes Sense
Retail clothing storeowners inevitably face the same situation year after year a surplus of last seasons styles in some form or another. This is good news for the consumer, as prices on these items are typically slashed well below retail in order to make room for new products. But what to do with the clearance items that remain on the shelves well into the next season? Or what if there simply isnt enough room to hang on to these items any longer once new products arrive? Storeowners who find themselves facing these questions may want to consider donating overstock and/or clearance items to a worthy charitable organization.
In many cases, making a sizeable donation will not only benefit the many people touched by the organization receiving your donation, it may make a positive impact on your bottom line by allowing your business a tax write-off at the end of the year. If you are considering making a sizeable donation, you may first want to contact your tax advisor to discuss how the donation would impact your tax scenario.
It is advisable to spend some time researching potential...