Using Business Cash With Other Types of Financing

Aug 24, 2015
financing
Keeping a business going isn't always easy. There can be many bumps in the road that make it difficult to make ends meet from month to month. At times, more financing may be needed to expand or to increase inventory to meet growing demand.
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Topics: Funding Your Business

5 Best Ways to Reward Hard-Working Employees

Aug 19, 2015
reward employees
Everyone likes a reward for hard work, and rewarding employees is a way for businesses to build loyalty and encourage them to continue working hard. According to Entrepreneur magazine, an effective reward system should reward both employee behaviors and their end result - performance. Here are some of the best ways to reward the behavior and performance of your hard-working employees.
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Topics: Funding Your Business, Growing Your Business

What is the true cost of your merchant cash advance?

Aug 13, 2015
5_merchant_cash_advance_questions1
So you decided to grow your business. Perhaps, you would like to replace some old equipment. You tried to get a loan from your bank but the bank didn’t seem to be interested in providing a line of credit or a small business loan. You searched the internet and discovered something called a “merchant cash advance”. Through Quikstone Capital Solutions, you secured a merchant cash advance in the amount of $20,000 with a total payback of $25,000. You are paying back the advance by having a percentage of your credit card processing deducted and applied towards your balance due. Then out of nowhere a “bank” calls you offering a “business loan.” The “bank” tells you that you qualify for $100,000 and you’ll have 12 months to pay off your “loan”. However, in order to qualify, you’ll need to pay off Quikstone Capital Solutions. The “bank” tells you that the cost of the $100,000 is going to be 25% but, not to worry since you’ll have 12 months to pay.
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Topics: Funding Your Business, Growing Your Business

4 Ways to Achieve A Better Work-Life Balance With Merchant Cash

Aug 10, 2015

Merchant cashIt wouldn't be surprising to learn that many entrepreneurs have never heard about the concept of work-life balance. Many who do know about the idea of balancing work and the rest of life probably look at it as an unattainable goal. There are so many things to do when you own your own business, that sometimes you feel lucky just to have time to sleep. 

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Topics: Funding Your Business, Growing Your Business

Handle the Unexpected With the Help of Merchant Cash Advances

Aug 3, 2015

When you run your own business, problems can seem to lurk around every corner. No matter how you try to plan your income and expenses accurately, something always comes up that you didn't expect and throws off your calculations. 

Slowdowns Can Be Unpredictable

Your business has been steady for the last 14 months, so you begin to count on that amount of sales going forward. Then a competitor opens down the street, and a third of your customers decide to try them out. Even if most of them come back in a month or two, the slowdown can throw a serious monkey wrench in your cash flow. 
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Topics: Funding Your Business, Growing Your Business

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