The Value of Cosmetic Improvements to Your Business and How Business Cash Advances Can Help

Posted by Karen Erdelac on Apr 21, 2016

The Value of Cosmetic Improvements to Your Business and How Business Cash Advances Can HelpAlthough cosmetic improvements may seem to be only on the surface of your business and not vital to it, they can have an important impact on business growth and perception by the public. The look of your retail space, office or restaurant can attract customers, or it can repel them. Retail landlord RL Jones Properties states that even after just five years, the look of a space can become dated and lose some of its attractiveness.

Attract New Customers and Increase Sales

MSNBC decorating expert Linda Cahan states further that visual merchandising can have a great deal to do with increasing store sales. In the same way, a visually attractive restaurant will encourage people to spend time there and come back frequently. There are many inexpensive ways to fix up your business space, but some of the most effective fixes and changes will cost money, including the following:

  • More efficient displays that can maximize the appearance of the products in an appealing way, which can help you sell more.

  • New lighting that will be easier on the eyes and make the products look more attractive (and sometimes save you money on energy costs going forward).

  • Comfortable seating for guests waiting for shoppers or more comfortable and attractive restaurant seating.

  • New flooring to replace worn-out carpet or floors that make the whole store look dirty.

  • New paint and décor pieces that will bring more upscale customers to your business.

With daily use, even five years is a long time between renovations. Take a good look around your store. Chances are, there are many areas that show wear and tear that you tend to overlook or just don't notice because you are there every day. Pretend you are a new customer seeing the space for the first time. What do you think? Better yet, bring in a friend or neutral party who has never seen your business and ask what they really think. You might be surprised.

Financing Cosmetic Improvements

The Value of Cosmetic Improvements to Your Business and How Business Cash Advances Can HelpMany businesses would like to make improvements to their store, office or restaurant's appearance, but somewhat fewer have the up-front cash to make these changes. A way of paying for the initial costs of a renovation is often needed.

Business cash advances offer qualified businesses a way to get a lump sum of cash now, then pay it back a little bit at a time. Different from loans, business cash advances are a purchase of the business's future sales. Each day, a small amount is repaid until the total amount including fees is satisfied, usually in 3 to 12 months.

The great thing about using a business cash advance to renovate your space is that by the time you pay it back, you will be selling more and your customer base will be larger, which will put more money in your pocket. You get the benefit of renovating now to jump-start growth, instead of waiting and saving with no growth. It's a faster, more effective way of doing things. Learn more about our financial products to see how Quikstone Capital Solutions can help you get the cash you need to improve your business.

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Topics: Business Cash Advance