1. EachPod

Episode 8 - Cash money in your company - another way of finding money

Author
Jim Frey
Published
Wed 03 Mar 2010
Episode Link
https://www.podomatic.com/podcasts/doughforthedream/episodes/2010-03-03T14_49_47-08_00

I am all about trying to find alternative ways for you to find money for your company. Maybe its an SBA loan, Accounts Receivable financing, leasing, whatever. But what if I told you that you can find about $150,000 or more INSIDE your own company, as long as you fit some guidelines? If your company buys $1,000,000 or more of office supplies, Cost of Goods sold, materials, services, landscaping, janitorial, etc. COMBINED - or if you have about 100 employees or more, you typically can save 15-20%. There are companies that come in, study what you buy and how you buy it, then they go back to your suppliers and renegotiate the SAME EXACT PRODUCT and SPEC and also get one or more other suppliers to bid the SAME EXACT PRODUCT and SPEC. You choose which ones you want to use and you can start saving. You only pay a percentage of what you save, and only IF you save it. If there aren't savings, you don't pay.

This is a terrific way for struggling companies to 'turn around'. It also can help strong companies expand and grow more. Imagine finding 15-20% more in the company you have buying and using the same products and services!

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