Merchant Cash Advance Blog

It's no secret that eight out of 10 businesses fail within their first 18 months. It's a common statistic quoted because ostensibly entrepreneurs aren't learning from others' enterprise mistakes. 

You have the business, you have the store, you have the team, and you have the product. Now, all you need are all eyes on you and the customers and sales to achieve your company's quarterly objectives. 

In order to attract consumers to your store, you need to employ a wide range of marketing techniques to get their attention. There are many ways to promote a small business: from social media to print advertising, email marketing to mobile applications. 

We better cut this short: the hair salon industry is a fierce business, and your hair salon will need a lot of business funding to stay competitive.

With more than an estimated 1.2 million hair salons scattered across the United States, it can be very difficult to find the right one to meet your needs. This is why it's more important than ever before for a hair salon to introduce an array of hair products and spa-like services to stand out to customers. 



There is one constant that small businesses endure every day: operating expenses.

Operating expenses, otherwise known as OPEX, are expenditures that small businesses face each hour their doors are open in order to perform everyday operations. Every business owner examines their operating expenses, such as wages, development and utilities, and determines how they can be lower to enhance the bottom line.