Merchant Cash Advance Blog

Summer is a great time to build relationships between employees and promote teamwork.  The importance of a company taking time for team building and encouraging people to work together can’t be understated.  Idea sharing and motivation are just a couple of the benefits of these types of exercises.  You’ll also get a chance to see what makes your employees tick and identify leadership traits that could influence promotions.  You may also find a diamond in the rough that may just need a change in their job description to help your company flourish.  There are several inexpensive ways you can encourage teamwork and provide a healthy work atmosphere.

With the summer rolling in, it may be time to spruce up your dessert menu.  Desserts can be a big money maker in the restaurant industry.  The ability to up-sell just one dessert per party can dramatically increase your restaurant revenue.  They can also be a way to create loyal customers as some patrons will visit an establishment just because they offer their favorite dessert.  The summer months offer an opportunity to create new, unique dessert items that will provide refreshment for your patrons on those warm summer nights.  Here are a few favorites, as always, your personal touch is what will make your dessert menu stand out.

In our first piece, How to become a Great Owner and CEO, we covered the importance of having a broad knowledge base, knowing your strengths and weakness, keeping up with technology, taking chances and being available.  Of course, there are many more ingredients that comprise a great owner and CEO.  While some believe being a great owner and leader is something you’re born with, there are things you can focus on to improve the way you run your business and the way your customers and employees view you.  The success of any small business starts at the top, a great owner is imperative to the growth and survival of a company.  Here we’ll outline a few more business growth strategies to help improve your business.

Over the last 10-15 years, merchant cash advances have grown and changed in ways that make them an even better option for businesses. What has changed to make these easy-to-use funding vehicles more advantageous for businesses that need an infusion of cash?

For one thing, merchant cash advances can be even easier to get than they were years ago. Access to information is faster and easier, so that a decision can be made in hours or days instead of weeks. Rates have also started to come down on many advances, and payback has become even more flexible. The number of businesses using cash advances has skyrocketed in the last 5 to 10 years, but why?

As the owner of a small business, your company’s success will largely hinge on your ability to guide it towards prosperity.  In larger corporations, many owners take a hands-off approach.  That is something that is simply not possible for the CEO of a small business.  Whether you’ve been in the game for years or you’ve just launched a new start-up, continuing to grow personally and professionally will directly correlate with the growth of your business.  While no one is perfect, there are several key things you can focus on to ensure you are getting the most out of yourself in regards to growing your business.