Christmas campaign: 5 keys to increase your company’s profits in dollars

The Christmas season is approaching and the volatility of the dollar has boosted various commercial activities. This situation poses a challenge for companies seeking to maximize their profits in this currency.

In case you need to carry out any activity in this currency, we bring you 5 keys to increase the profits of your company in dollars, according to Billex.

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1. Pay debts: If your company achieved dollar surpluses, you can use them to pay its obligations in this currency, such as capital loans, supplier payments and other commitments. It should be noted that for the Christmas campaign discounts are offered to cancel debts.
2. Earn interest: If you want to increase your earnings in dollars, you can save the money earned in this currency in a bank to earn more interest. The foreign trade sector was one of the most favored with the rise in the dollar, so these interests will help you increase your savings.
3. Look for the best exchange rate: If you need to exchange dollars to cover business expenses, such as bonus payments or other expenses, you can find the exchange rate that best suits you.
4. Christmas gifts: import freight has increased the cost of toys. Therefore, you can consider national brand toys in case you need to entertain the children of your workers. On the other hand, if you managed to have extra earnings in dollars, it is a good option to review the offers of the establishments in this currency.
5. Discounted trips: During the year-end campaign, some companies motivate their workers with year-end trips. It is recommended to make use of the discount days offered by the airlines and travel agencies to make the purchase and take advantage of the dollar offers.