Merchant Cash Advance Blog

For the first time since 2020, an increased number of small businesses participating in the Federal Reserve's 2023 Small Business Credit Survey (SBCS) reported that their revenue and employment levels had risen over the past 12 months. In addition, the survey showed that the number of small businesses operating at a profit increased from 35% in 2021 to 45% in 2022.

It's safe to say that a restaurant owner wears many hats. Chef, interior designer, human resources, IT, and inventory manager, front of the house and back of the house supervisor, the list goes on and on. But for many restauranteurs, taking on the role of a tax professional is not on that list.

Cinco de Mayo is the perfect time to celebrate the culture of Mexico and show your customers why your liquor store is the best place to shop. To make sure you're prepared, here are a few tips for getting ready for the big holiday.

A new report says cost and convenience influence their decision. PYMNTS surveyed 2,168 U.S. consumers for its new report, Connected Dining: Rising Costs Push Consumers Toward Pickup. The payments industry-focused media company asked respondents about their restaurant dining habits, whether rising costs have changed how frequently they ordered out, and whether they preferred pickup over delivery.

As a small business owner, taking the time to refresh your operations and strategies can be beneficial for many reasons. Refreshing allows you to re-evaluate how well your current practices are working, identify areas that could use improvement, and make adjustments as necessary. Doing so regularly will help ensure that your small business is always running optimally and efficiently.