Is it a must for all businesses to have a Black Friday sales?
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As a business owner, it is not a must to do the Black Friday sales. Many business owners are really struggling and the past 18-20 months have been a lot of struggle for many businesses. So, if you know that engaging your business in the Black Friday is going to affect your finances at the long run, do not do it. It is not a compulsory activity.
Not all business do Black Friday, it’s just a way of clearing out old stocks for the year and get newer and fancier stuff for the coming year. No business owner likes to carry over old stock to new year. If you don’t have stock you’re clearing and your know doing the sales worn benefit you, do not do it.