Merchant Cash Advance Blog

Business owners often dream of investing in new equipment with the intention of revolutionizing the way in which they provide services to their customers, and it seems like in the past decade they have been quite active in turning this dream into a reality: According to the United States Census Bureau capital expenditures—money spent to either acquire or improve long-term assets such as equipment or building structures—have increased $446.1 million in this time period from $1,042.1 billion in 2004 to $1,488.2 billion in 2013 for U.S. non-farm businesses. That’s a whopping 42.8 percent!

Customers are becoming increasingly aware of where their food is coming from.  Many people will only eat organic and locally grown foods.  To keep pace in today’s restaurant industry; this trend cannot be ignored.  Locally sourced foods can be a big draw to today’s consumer and also provides several bottom line benefits to your establishment. Farm to table is a term used to describe foods that are less processed and changes hands fewer times before making it to table.  As consumers become more health conscience, the farm to table trend is here to stay.  When it comes to the restaurant industry, reputation is everything.  Being able to show and tell your customers where their food is coming from will establish you as a leader and innovator in the industry.

Breaking into the fashion industry and keeping your clothing store up to date with the latest trends is a key to survival in this ever changing market.  There are several ways to make your store appeal to your target demographic.  Fashions and trending brands can be tough to keep up with; however, it is of vital importance for maintaining credibility and a presence in the industry.

Taking your salon and turning it into a high end day spa boutique can be a rewarding challenge.  With a few small additions you can make your salon more extravagant and increase your bottom line.  Services that are not offered at your everyday salon can be a big draw to new customers and help to keep your current clients spending their time and money at your establishment.  Bringing in top talent to provide these services can also differentiate you from your competition and let the world know that you offer only the best.

There are two main ways to expand a small business as far as finances go. The first is to invest money up front for office and/or retail space, staff, marketing, and inventory. The second is to bootstrap it - to invest minimally, then use the money form sales to keep things going and build.