The New Year will soon be upon us, and there's no better time to write down some goals for what you want your business to accomplish over the next 12 months. You may want to grow your business, upgrade to new equipment that will increase your capabilities, or expand to a bigger space. Most business owners have goals beyond the status quo: that is, having your business perform exactly the same as it did last year.

Whatever your goals for the New Year are, it's likely that they involve a need for cash to invest in the business. Not investing in your business can severely limit its potential to thrive and grow. But many business owners don't have the cash flow they need to meet their goals, either because they need to support themselves with the business or because their goals require more cash up front than they have to invest.

Finding the Cash to Meet Your Goals

"You need money to make money," is an all-too-common phrase of business owners, and if you don't have ready cash flow, your business goals are in danger of not being accomplished.

A business cash advance can give you the cash you need to expand, with flexibility that can work even better than a small business loan for your business. There are many advantages to business cash advances for situations when you need cash to grow the business.

Advantages of Business Cash Advances

Unlike bank loans, cash advances are actually a purchase of future receipts, which you repay as a small percentage of your daily credit card sales. Instead of having a hefty monthly payment that doesn't change when you have a slow month, you pay less on the days when business is slower.

Most bank loans have repayment terms of 5, 10 or even 20 years, leaving you saddled with debt for a long period of time. Cash advances are typically repaid within 3 to 12 months, after which your increased sales will put profits in your pockets rather than the bank's.

Cash advances are also easier to get, with a simple online application process and no credit check or collateral required. No gathering tax documents and risking your personal assets to get cash.

Many banks don't even consider it worth the paperwork involved for a smaller loan, but you can get as little as $5,000 and as much as $250,000 as a business cash advance, depending on the sales of your business, without restrictions on how you can spend it. 

Doing What's Best for Your Business

Business cash advances give you the freedom and flexibility to meet your goals for the coming year, without worrying about making payroll or being able to take care of your other obligations. Rather than entering 2016 in a holding pattern that has you circling the runway, you can soar above the competition with the help of a cash advance.

Quikstone Capital Solutions offers business cash advances to businesses that want to grow and thrive in the New Year.