Buying in bulk is a great way to save money.
Most businesses don’t buy in bulk for one main reason – it is a large upfront cost.
Even though it might be a large cost it saves you money in the long run. If you plan for your business to be around for a while then it would make sense to plan to save money by buying with bulk.
Price per unit decreases when you purchase a large quantity, but there are other benefits that play a role.
– You don’t have to worry about price inflation in a few years
– You will be prepared for emergency situations
– You are ready for any scenario
Would you rather be prepared for an extra 100 orders or 100 customers, or send away potential business because you didn’t buy enough? You should always be over prepared and buying in bulk does that.
What is your reason for not buying in bulk?
Do you not have the funds to dish out for the large purpose?
You can apply for financing that you can put towards a bulk purchase. A working capital loan* is great for this. If this sounds like something you want to consider then visit our website for more information and to fill out an application.
*Working capital not available in the following states: AK, DE, ND, VT