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Tuesday 23 October 2018

A Summary Of The Paybacks Retailers Enjoy By Making A PA Clothing Donation

By Edward Allen


The fashion industry offers rewarding profit-making opportunities to those in the business of selling outfits. Unfortunately, fashion trends are unpredictable and ever-changing. This means that there is always a risk of finding yourself with stagnant stock that turned old fashioned just as quickly as it was considered a booming fashion trend. In case this happens, you should think about making a PA clothing donation.

It is noble to give out stagnant or unwanted stock to charity organizations. Doing so will reward you with numerous prime benefits. The first payback is that you will recover space that you need to store your new and fashionable merchandise. This will make it easy for you to maintain a well-organized storage area and keep track of your inventory.

The unwanted stock will make a priceless gift to a less fortunate individual. Statistics have revealed the fact that billions of people in the US as well as in other parts of the world can hardly afford decent clothing. Dressing a helpless family in a dignified way would hence show your love for humanity.

Additionally, you will enjoy outstanding tax relief because of your generosity. Even the slightest reduction in your taxable profits could make a major difference in your overall turnover. Instead of leaving old stock to collect dust and possibly rot in the stores, you should make a donation for you to enjoy full capital allowances when filing tax returns.

Even if you do not gain financially from the donations, there is so much more that your business stands to enjoy. First, your generosity will play a significant role in improving your public image. This will not only attract more customers, but your employees will also admire your values and you could therefore enjoy an increase in your employee retention rate.

Keeping clutter in your stores can easily leave you paying thousands in personal injury claims. This is more so the case if you do not have workers compensation insurance coverage. The huge stack of boxes in the store could fall on someone causing injuries and even a disruption in your everyday operations.

Fashion store storage rooms that resemble the homes of hoarders pose health risks in a variety of ways. To begin with, cleaning your floors and keeping the rooms well organized will be a great challenging. This could leave the store at risk of insect, rodent and mold infestation. In case of such concerns, your old stock would have to end up in a landfill and this is not good for the environment.

It is always better to ensure that the clutter that builds up in your fashion store is donated and reused. This would make a major difference to the environment and also to needy families. Donating makes your life more meaningful and you would enjoy a deep sense of purpose.




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