Inflation, inflation, inflation. We hear about it on the news, at the bar, and from family and friends, too. How do we escape it?
As business owners and consumers, we see sky-high prices when we fill our tanks at the fuel pump and buy groceries at the market. With the price of goods and services up 9-14% (and commodity prices up as much as 50%!), basic living requires more cash than ever. And it hurts businesses’ ability to grow, making it increasingly challenging to simply maintain standard operations.
To combat rising prices, taxes, and interest rates, entrepreneurs look for ways to navigate economic uncertainty. Maintaining positive cash flow, while competing with Wall Street-backed conglomerates and big tech internet sellers, is no small feat.
It’s times like this when the value of being a member of the TradeFirst community is most valuable. Routine, monthly costs do not have to go away or be added to a growing credit card balance. There is a better solution: TradeFirst.
Members can use TradeFirst TradeDollars to purchase goods and services their businesses need to keep the lights on. With rising costs reducing, and sometimes eliminating, profits, businesses must also keep up with payroll, purchase raw materials, and maintain their facilities. Without cash on hand, how do you replace windows in your business or home before winter? How do you afford landscaping and lawn care for your property in the spring? How do you keep the annual Christmas party tradition alive? TradeFirst members can use TradeDollars — preserving their cash flow.
The TradeFirst network has over 10,000 card-holding members who can use TradeFirst to purchase anything their business needs. From lawn care and new windows to car washes and catered meals. If you need it, chances are a TradeFirst member can supply it. The TradeFirst community was built for times like this when local businesses need a community that has their back when they’re against the ropes. Let’s get through the bad times so that we can be around to enjoy the good times, together.
