Merchant Cash Advance Blog

As online retail sales continue to increase it has become imperative that owners of brick and mortar stores find ways to stand out.  As the online marketplace grows, the competition for customers will become fierce.  Having a clear strategy and implementing it ahead of time will give your business its best chance to prosper.

It takes significant financial investment to turn your great business idea into a reality and you need subsequent investments to keep your business afloat.  What do you do when your funds run short?  Have you been to a traditional bank and gotten turned away? What about the huge checklist that the bank needs you to fulfill to determine your “credit worthiness?” Their business loan checklist may include your personal background, resume, business plan, personal credit report, business credit report, income tax returns, financial statements, bank statements, and collateral.

Customer loyalty is the lifeblood of small businesses, especially those in the salon industry.  Establishing a strong customer base and maximizing the revenue obtained through repeat customers is essential to stay afloat and prosper in an ultra-competitive and ever-changing industry.  Building trust and a relationship with your customers takes work, and while your employees on the front lines are partly responsible for building these relationships, there are other ways to nurture them.  Here we explore 5 perks you can offer your salon clients to help build customer loyalty.

Your staff is one of the most valuable assets of your small business, and if treated and leveraged correctly, they can help facilitate growth.  There are hidden gems in every small business and empowering your employees to put their skills and connections to use can pay serious dividends for your company.  Here we discuss a few ways to further leverage your current employees to grow your business.

Having the flexibility to capitalize on food trends is one of the major advantages that privately-owned restaurants hold over their chain counterparts.  While not every trend is a lasting one, jumping on them while they’re at their height of popularity can provide a big boost to your bottom line.  Here we explore five trends that are sure to take off in 2019.