Merchant Cash Advance Blog

Thanksgiving is a busy time for restaurants, so planning is important in order to maximize your revenue. Make sure you have enough staff on hand to handle the increased business and that your kitchen is prepared for the holiday rush. Here are five tips to help you increase your restaurant revenue this Thanksgiving.

TikTok is a popular social media platform that allows users to create, watch, and share 15-second videos shot on mobile devices or webcams. With music and sound effects added, great TikTok videos are fun, entertaining, quirky, and, most importantly, addictive. As a business owner, you're probably saying, "Well, TikTok is good for teens but not for my customers." And that is understandable, but what you're missing is TikTok's high levels of engagement.

1.  What effect will inflation have on holiday shopping

According to the National Retail Federation's latest study, higher prices and inflation are top of mind for holiday shoppers. However, many consumers plan to prioritize holiday gifts and celebrations, even if it means cutting back in other areas or shopping early. The NRF's survey found that 44% of holiday shoppers say it's better to purchase gifts and other seasonal items now because they believe inflation will continue to impact prices later in the year.

1.  American households are expected to spend an average of $997.79 during the 2022 holiday season. (National Retail Federation)

Did you know that there are more than 2.5 million veteran-owned small businesses in the U.S., and they generate millions of jobs and billions of dollars?