Removal firms can improve the cash flow of their business by bulk buying packing boxes at the beginning of each month. This is the cheapest way to buy our high-quality packing boxes and it means you get a whole month before payment is due.
I hope some of this information is obvious. Many removal firms still buy their packing boxes at the last minute though and that is not the way to get our best prices. Read on to find out how you can get discounted packing boxes on 30-day payment terms.
Buy now pay later improves cash flow
The amount of cash in your business is vital to its smooth running. The biggest pressure on your cash flow is when you have had to spend money to complete a job but are yet to receive payment from customers. This is your cash flow.
The trick is to make sure you have as much money as possible in your business at any one time. Paying your bills after you have received payment from customers is the number 1 way to manage this.
Why last minute orders are bad for cash flow
When you buy your packing boxes at the last minute you are generally paying a higher price on shorter payment terms. This could mean you are making less money per job, or miss out on the job because your prices are not competitive.
Around 50% of the boxes BAR Services sell are urgent orders. We pride ourselves on being able to get customers the boxes they need but it is difficult to offer our best prices at the same time. This can be frustrating for us and clients alike.
It is difficult for us to offer 30-day payment terms when we do not get preferential payment terms ourselves. If it was one or two customers per month perhaps it would not matter but we have to manage our cash flow also. It is like a chain through the removal industry.
The best option is for us all to make the most of opportunities where we get the best prices and payment terms.
How BAR Services offer packing box discounts
BAR Services buy the best, quality assured packing boxes for removal firms. This, of course, does not always mean they are the cheapest. However, when we bulk buy 20 – 30,000 packing boxes at once our suppliers give us their best prices and best payment terms.
These benefits are simply passed on to you.
How to bulk buy packing boxes
When bulk buying packing boxes from BAR you just need to get your order in before the last week of the end of the month. If you wish to be reminded, then you can join our “Bulk Buy Alert” where we send you a reminder each month.
By bulk buying packing boxes in this way you receive 30-day payment terms. Which means you get to do your months work before payment for your boxes is due.
How many packing boxes do I need to order each month?
You can imagine this is the question we get asked most. A common order for an average size removal firm is 500 boxes. They do not all have to be the same size boxes.
When you mix your order you are buying by the pallet. 500 boxes would be 6 pallets.
You can speak to us about how many you need. And, you do not have to order every month. Just when you need more boxes.
How to plan your packing box needs in advance:
Many removal firms think that bulk buying packing boxes is not possible because they are waiting for customer moving dates or decisions. Meaning they do not know how many they will need.
They also worry they do not have storage space.
We know however from customers that are bulk buying packing boxes regularly that it has improved their business. You will find once you have started buying your packing boxes ahead of time it will benefit your stress levels as well as your cash flow!
It is pretty easy to work out how many packing boxes you need each month. Try these methods:
- look at last years orders
- take an average of your last 20 jobs
- decide the type of work you want and target those customers
- plan based on live quotes (and your quote success rate)
Bulk buying packing boxes from BAR Services
I hope this blog post was useful to you and that you now feel more confident about how bulk buying packing boxes ahead of time improves your cash flow.
Request a call back here and we will be glad to take your order for next month now.
