Merchant Cash Advance Blog

As a small business owner, you know that there are always risks associated with the industry. One of the scariest risks is when supply chain issues arise. This can mean that the goods you depend on to run your business may not be available, or they could be more expensive than usual.

In August, the Consumer Price Index rose 8.3 percent from a year earlier, a rapid rate of increase for consumers and not as much of a slowdown as economists had expected. Because of this, many small business owners continue to feel the squeeze. According to the Bureau of Labor Statistics, significant increases in food, shelter, and gas prices drive high inflation. When costs rise and profit margins shrink, merchants must act to keep their businesses profitable.

The COVID pandemic did away with many things, and one of them was Happy Hour.

The 2022 hurricane season has been relatively calm so far, but we have a way to go. The season peaks in mid-September and runs through the end of November. A lot can happen in that time, and not all are hurricane-related.

Old and outdated equipment can be very costly to maintain. If you find yourself having to call a technician every month to fix something, it is definitely time for an upgrade. Bakeries often operate on slim profit margins, meaning constant repairs can seriously hurt your business. New equipment may also provide additional functionality that opens up alternative revenue streams. Not only that, new equipment tends to use less energy, which can save you on your power bill over the long term. Here are a few more reasons upgrading your equipment is worth the investment.