How To Reduce The Financing Cost Of Clothing Stores

Careful calculation and frugality are two essential points in business. To achieve careful calculation, we must start with many details. For example, in the early days of opening shops, there will not be too much busy season. Many things can be done by the shopkeeper himself, so that a large number of personnel can be reduced and the cost will be reduced. Some shops must hire people. We should make full use of everyone and rationally arrange human resources to minimize costs.

For reducing financing The cost of a sole proprietorship and partnership should be arranged and the total amount of capital should be arranged. The best allocation should be made in order to achieve the best effect. However, we can not simply pursue the reduction of costs and the lack of funds, which will result in future business failures. The financing of bank loans can use different time and space to select the best period to reduce financing. cost 。

　　 (1) making use of differences time

Interest rates can be regulated by the state. Therefore, according to different policies, the interest rates stipulated by the state are different in different periods. For bank loan financing, we must choose the right time and choose a relatively low interest rate period to get the lowest financing cost. For example, an enterprise needs to buy a device in 1994, mainly through bank loans to solve the source of funds. According to the analysis, interest rates will be lowered in the middle of 1994, so he chose to borrow in June, with a monthly interest rate of 9.1 per thousand, while in early 1994, the monthly interest rate was 10.8. This successfully reduced the financing cost by making use of different interest rates.

　　 (two) using different spaces

There are many ways of lending, not only banks, but also by credit unions or society, that is, bond financing. Interest rates are different in different ways, and sometimes even the interest rates of different departments in different regions are different, so we must choose rationally. For example, a textile factory building needs a sum of 500 thousand yuan of funds. There are several places that can be provided. First, the local banks give loans at 10.8 of the monthly interest rate, one is loans from a credit cooperative outside the country, and the monthly interest rate is 10.1 per thousand. After a comparative analysis, they choose to borrow money from the credit cooperatives in the field. This is a successful example of reducing costs by using different spaces.

There are many ways to reduce and save costs, but we need to make a concrete analysis of the specific situation and see which method is the most reasonable and best. In the early days of opening stores, we should pay attention to saving in all aspects, which is a prerequisite for more profits in the future.