Business cash advances offer a great opportunity to complete your planned projects whether they are simple items from your to-do list or strategic aspirations like opening a second location. There is no hassle or complicated requirements such as excellent credit or tons of paperwork. You will pay the funds that you receive back through your future credit and debit card sales. This is an excellent chance for the owners of many small businesses such as restaurants, liquor stores, auto body repair facilities and retailers.

Renovations

It does not matter what you are selling or who you are. Customers will in fact judge the health of your small business by the looks of your store. According to an article by QuickBooks, “While remodeling your brick-and-mortar shop may be costly, it can dramatically increase the perceived value of your store merchandise and brand over time.” If you would like to justify a price increase and not have customers think twice, show them that you are different. Improve the look of your store and you will improve the perception of how much a customer is ready to spend.

Equipment Upgrades

New equipment represents a huge expenditure, which many small businesses are unable to afford. You can use the funds from your business cash advance to finally buy the equipment that you have been waiting for. Updated equipment can improve the efficiency of your operations, boost employee morale and increase your net profits.

Customer Experience

Improving the customer experience is a top priority for small businesses looking to compete with larger operations that can offer better pricing. Whether you operate a restaurant, an auto body repair shop, or a retail store, show that you appreciate your clientele. This can be a simple setup such as a cappuccino section and water bottles or more elaborate such as gift bags or a free gift with purchase. Help remain vibrant in the minds of your customers and you will earn their loyalty.

Cash Flow

It is essential to have a savings fund established in the case of emergency. You need the peace of mind that your small business can stay afloat even in the event that you have to close your doors temporarily. Is your cash flow so tight that losing a few days of sales will create a massive event or even worse force you out of business? There are many circumstances that are out of your control and an unexpected insurance liability claim, economic depression, or a competitor coming in and swiping some of your customers shouldn’t put an end to your livelihood.

Staffing

If you frequently find yourself shorthanded or struggling to complete everyday tasks, a business cash advance can help by allowing you to hire additional staff. This way they will be up and running by the time consumer shopping picks up. Advertising for new employees can be very costly but funds from a business cash advance can certainly ease that financial burden.

Second Location

If you are operating a thriving business or you believe that the location of your current business is hindering your success, you are likely considering another location. This can be very expensive, as you will have many costs such as leasing, new advertising, staffing, and remodeling.

With over 12 years in the business, Quikstone Capital Solutions has proven to be a trustworthy and knowledgeable lender specializing in small business funding. Over 60% of our clients are renewals looking to continuously grow their business. Whether you need cash for emergencies, cash to cover unexpected costs, or if you’re looking to make long overdue improvements, Quikstone Capital can help.