Merchant Cash Advance Blog

The alternative funding industry changes rapidly and it can be tough for small business owners to keep up with the times and choose their best option.  Since small businesses need the ability to pivot at a moment’s notice owners have been opting for faster funding solutions.  Here we’ve outlined some of financial trends that are affecting small business owners and where to look for financing.

The salon industry is changing rapidly and small businesses need to explore new revenue opportunities in order to compete with larger chains.  Technology and environmental factors are playing a large part in the evolution of the beauty industry and it’s important for small business owners to stay on top of growing trends.  With a large portion of the revenue coming from busy professionals and those with families to take care of, convenience and timeliness have become extremely important as well.  In an industry that relies heavily on reputation and word of mouth advertising, supplying a memorable, stress free customer experience will significantly impact your company’s success.  Last year brought an increased focus on products that are organic and safer for humans and the environment.  Here we’ve outlined some of the prevailing salon trends that are becoming a necessary part of any successful salon business.

For most small businesses the beginning of the year means preparing your taxes from the previous year.  Each year brings about changes to laws and policies and being aware of all of them can potentially save or cost you thousands of dollars.  Tax time can be extremely stressful so it’s important that you’re prepared and organized to make the process as easy as possible.  One important change to note is that of the deadlines for filing.  C corporations have had their deadline moved back to April 15^th and S corporations have been moved forward to March 15^th.  In this article we’ve outlined some best practices and key tax break extensions to help you take advantage of deductions and avoid any complications.

There will be times when your restaurant needs additional cash flow to operate and grow. It's just the nature of the business. Perhaps you've got a slow time of the year and a major expense has come up, or you've had a setback elsewhere and you want to ensure quality doesn't suffer in the kitchen or at the table.  A loan can mean high interest, a complicated repayment plan, and a lengthy process that can be difficult to finish.  Here's what a merchant cash advance can do for any restaurant.

By now, almost every small business owner has heard the phrase "location, location, location”.  The right location can transform your small business into a thriving company.  The wrong location can put you out of business.  Having a business that is profitable enough to justify opening a new location is exciting, and taking time to research the perfect site will help ensure that the second site is as successful as your first. Opening a new location for your small business is both exciting and stressful.  Proper research and capital will ensure you're ready to meet and overcome challenges as you take advantage of new opportunities.  Just as with the first location, there are many expenses involved in opening a second location.  More staff needs to be hired, including hard-working and trustworthy management to run things when you are not at one of the locations.  More inventory must be ordered.  Renting or purchasing a second building or storefront is another necessity. Equipment, display racks, and everything you needed at your first store will need to be duplicated for the second location.  Here's what you should look for when opening a new location for your business.