Merchant Cash Advance Blog

Owning and operating a small business can be extremely rewarding but as a sole proprietor you are sure to face many challenges. Most people start their own business to be their own boss, support their family and to be able to do what they love for a living. Starting your business can actually be one of the easier parts of the process. What comes as the biggest challenge for most owners is growing the business. A lack of working capital can be to blame for many businesses becoming stagnant and unable to evolve. Even with a savings plan in place, unexpected expenses such as equipment failures, rent increases and other emergency situations cause small business owners to spend their money simply to stay afloat. Many owners lack the credit history or collateral to take out a bank loan to make improvements. Thankfully, there is an alternative that is available to a higher percentage of small business owners. Merchant cash advances have become one of the best ways to secure working capital and help your business grow. When used correctly a merchant cash advance can take your small business to the next level and help to prevent costly downtime.

The fall and winter months can be prime season for a catering business owner if you promote and plan for specific events. Creating packages that include pictures and descriptions of your different themed items will help sales. Online ordering with a fully customizable customer experience is what today’s customers are after. Make your catering service an experience, not just a meal.

One of the best features of a merchant cash advance is that you can use the money for whatever you deem necessary. Unlike a bank loan, what you plan to use the money for does not factor into approval. A merchant cash advance works much different from a traditional loan. It is basically a purchase of a portion of your future credit card transactions. The approval is less stringent and much faster as well. This allows you to get your money when you need it without having to wait until it’s possibly too late. Wondering how to use a merchant cash advance? Here are a few ideas to get you started.

Here at Quikstone Capital we realize how important the holiday season to the health and profitability of small businesses. Each holiday season we aim to provide strategies and tips for small business owners to maximize their holiday revenue and make the season enjoyable for their employees, clients and themselves. Here we’ve compiled a few of our articles that will help you prepare for a profitable holiday season.

A superior customer experience is one of the top ways small businesses can stand out in their niche and separate themselves from larger competitors. There are many factors that go into creating a great customer experience. Your company’s take on providing exceptional products and services is what will drive the uniqueness of your brand. The ability to stand out hinges largely on the customer experience, here are just a few ways you can make your customer experience memorable.