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Housing Providers Association (CHPA), and how to join here. |
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CH Buying™ [LLC]
Corporate
housing companies, like yours, generate $3 billion in revenue a
year. $1.4 billion is spent on the rent paid to apartment communities
and the balance of $1.6 billion is allocated for salaries and the
goods/services it takes to prepare a guest suite.
- Imagine for a moment the buying clout/voice you will have
when 500+ leading corporate housing companies, with 80,000+
suites, want to make a purchase?
- Imagine the preferred pricing, payment terms, and delivery
preferences you will have?
- Imagine the clout/voice you will have when a vendor/supplier
is not delivering on their promises?
- Imagine having the buying clout/voice---already in place
for extended-stay hotels our direct industry competitors?
Since 1995 I have coached/guided 300+ of the leading corporate
housing companies around the world and in 2008 I spoke with the
30 leading CEOs in corporate housing about forming a buying co-op
that will give them [and you!] the buying/pricing clout they needed.
They loved the idea — and thus, we formed CH
Buying™, LLC.
Here is how CH Buying™, LLC works:
Below is the list of corporate housing products/services
we are focusing on for the members of CH Buying™, LLC.
- Advertising, buying print and Internet ads
- Bedding [mattresses, etc.]
- Business software, for running your company
- Cable/Internet/telephone service bundles
- Cell phone prices
- Credit card processing fees [the fees paid to MC/VISA/AMEX]
- Credit screening of guests/companies
- Electronics, DVDs
- Electronics, TVs
- Furniture, buying it for your suites
- Furniture, renting it for your suites
- Guest points, for airline redemption
- Guest points, for hotel redemption
- Kitchen utensils [forks/knives, etc.], dinnerware/plates, glassware,
pots/pans, appliances
- REITS, lease flexibility and waiving of deposits
- Telephones
- Towels, for bath and kitchen
- Utilities, the consolidation of billing statements
Some of the products and services that CH Buying™,
LLC provides to their members include :
- By joining CH Buying™, LLC
you can buy furniture, electronics and furnishings for your furnished
suites [accessing 120 leading companies like: GE, Sealy, Serta,
Tempur-Pedic, Sony, Samsung, Phillips, Ashley Furniture, just
to name a few] — at wholesale prices—saving 10% to
30% when ordering. Imagine 12 months from today—if instead
of paying $100,000 in furniture rental fees—you added $80,000
to your bottom line because you are no longer paying rental fees
to set-up your furnished suites?
- By joining CH Buying™, LLC
you are able to get better pricing from industry vendors/suppliers,
price shop between industry vendors/suppliers, get better lease
terms from property management companies, and join an industry-wide
monthly conference call with other members of By
joining CH Buying™, LLC —who are all focused
on ways to gain more profitability for their corporate housing
companies.
- By joining CH Buying™, LLC
you will have access to a national health care plan exclusively
for By joining CH Buying™, LLC
members. If you are like many corporate housing companies, health
care costs have been increasing 20% - 25% each year. This national
health care program covers your employees and their eligible family
members with medical, prescription drug coverage, life/AD&D
and dental insurance---in one convenient plan. Getting a quote
is as easy as a simple phone call and you will be able to compare
these national rates with your current rates.
- By joining CH Buying™, LLC
we will show you how to reduce your credit card processing fees
by $10,000 to $17,000 per year—per $1,000,000, in revenue
that *passes-through* your company. Some of ourBy
joining CH Buying™, LLC members are now saving $100,000
to $250,000 per year—by reducing their credit card processing
fees.
On the first of each month an E-mail
newsletter is sent to all members with an update from the month
+ a rolling/continuous update from buying progress made in prior
months. This monthly member update includes all of the information
that members need to call/contact vendors/suppliers---to get the
preferred pricing, payment terms and/or delivery preferences that
have been negotiated.
At the start of each month, CH Buying™,
LLC members are invited to join a rapid-fire brainstorming
conference call to get a fast-start on ideas and resources for the
buying area/focus we are going to work on during the month. Member
participation is highly recommended for this call and the conference
call is recorded for members not able to join live.
Project Managers for CH Buying™,
LLC are Nancy Swenson and Jennifer Carmichael, and they provide
the member support for the steps described above and the ongoing
sourcing of new vendors/suppliers.
Over the last 13 years of coaching/guiding leading corporate housing
companies around the world, I know how very tight the profit margins
can be in the corporate housing industry. It is my dream with CH
Buying™, LLC to help you and your corporate housing
team increase your profitability, expand your clout and voice with
vendors/suppliers and to create a powerful new way to think about
buying [and saving!]—much like extended-stay hotels are already
doing.
Ready to join? Please complete the form
on the top right of this page and a membership application will
be sent to you.
Questions? Call
435-615-8486 or complete the form at the right side of this page.
The Coach,
Ernest F. Oriente
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