If your business sells internationally, or has suppliers based overseas, you’ll no doubt be aware of the potential risks and dangers of dealing in foreign currency. Currency volatility can seriously eat into your profit margins, even in a fairly stable market, and when you’re dealing with significant sums of money, even small dips can have a huge impact.
Being able to maintain prices and know, in advance, what rate you’ll be able to convert currency at gives your business a huge advantage. It also gives you the flexibility that’s needed for a small business to grow quickly.
The answer lies in having a foreign exchange (FX) provider that can help you to not only mitigate the risks of dealing in multiple currencies across different markets, but also harness the power of fluctuating rates to make your money go further.
OFX is a leading global provider of overseas money transfers, and they’re also the latest addition to our Member Offer scheme, bringing a wealth of knowledge in foreign exchange management strategies to businesses of all sizes.
We’ve partnered with OFX to give Fleximize Members a free currency consultation, where a Senior Currency Strategist at OFX will go through historical and forecast data for the next 12 months to help you plan your currency strategy and save money.
Click below to log in to the Fleximize Member Area and access this offer.