If you are ready to walk away from your business with a loss, you have more options for liquidating your inventory than if you need to maximize your revenues. Decide if you want a quick exit or maximum value for your inventory. Set a deadline for your liquidation and more than one amount you’ll accept for your inventory based on different sale dates. For example, early on, you might want to try an in-store sale to maximize income, while at your deadline date, you might donate leftover inventory to a charity to take a write-off and lower your tax burden. Discuss your options with an attorney if you believe you might have to declare bankruptcy. Debtors might challenge your sales if they appear too discounted.