Merchant Cash Advance Blog

Technology upgrades can be expensive and time-consuming. For many businesses, though, they are necessary either to streamline and grow the business or to keep up with advancing systems. If some businesses don't keep up with technology, owners may find their businesses marginalized or may find profitability a great deal harder to maintain in order to grow the business.

Crowdfunding is all the rage, and you hear about a few select success stories where thousands of dollars are raised to support a cause, an idea, or a business. In reality, though, crowdfunding is much more difficult than it looks, whereas merchant cash advances are simple to get for qualified businesses. Here are some other ways MCAs are better than crowdfunding.

Once upon a time, you could have almost any service arrive at your doorstep.  From the milkman to the paperboy, many of these services have faded away.  One industry that is beginning to capitalize on the direct to customer trend is the salon business.  Mobile salons are the latest craze in several parts of the country and are becoming more common as the business proves to be very profitable.  As an extension to your store front, enabling your salon to travel can put you on the cutting edge of the industry.

As a restaurant owner, you may be thinking, how can I target potential customers that do not necessarily like to dine out?  There are millions of food lovers that are longing for a better food delivery option.  As the public tires of the common take out selection, it has created a potential financial boon for current restaurant owners.  The quality of food that can be delivered from a high end local restaurant can be much greater than your average take out facility.  That quality is what will drive the demand from people seeking a fresher, healthier meal.  Taking your menu to the customer can come in several forms, from simple meal delivery, to a full scale catering service.

When you already own a business, launching an invention of your own product can be made that much easier. Since you already have existing sales and a customer base, you will be ahead of the game when it comes to the important task of marketing your creation. It can also be easier to fund your invention, even if your business doesn't have the cash flow to cover the up-front costs.