Merchant Cash Advance Blog

As we ease into 2021 with renewed hope for a return to normalcy, small business owners should be looking for ways to grow and future proof their companies. Having the necessary funding to carry out growth initiatives and seize fleeting opportunities is instrumental to the vitality of your business. Here we take a look at five reasons your business needs more funding in 2021.

While the focus of 2020 was survival, 2021 brings with it renewed hope and the need to revisit growth initiatives that can help your business expand and become more resilient in the future. Here we take a look at three growth initiatives your small business should consider implementing.

Small business owners looking for opportunities to grow their business need to determine two things, which investments will provide a positive return and which type of funding best fits their individual situation.

During the holiday season, both before and after, there will be millions of online reviews posted and small business owners should be prepared to leverage and respond to them. “The 2020 Local Consumer Review Survey from BrightLocal reveals 87% of consumers are now reading online reviews for local businesses. Considering the state of affairs (global pandemic), It is not surprising. Because 34% say they always read online reviews for local businesses, while 26% do so regularly. And another 27% report they occasionally read reviews and 13% never do.” Here we’ve outlined some of the benefits of online reviews and how to handle the inevitable bad ones.

Being the owner of a small business has taken on a whole new identity in 2020. In the middle of a pandemic, many businesses are struggling and adapting to new work conditions. Beyond the pandemic, important social movements and just about everything else in the news these days has encouraged owners to closely evaluate their company culture and take steps toward equality and providing a safe and healthy work environment. Anything that happens over the life of your small business is a reflection of yourself. Personal growth will help you grow your business. Sometimes that means adapting to changes quickly. Usually, being a business owner is about taking risks for large rewards, however this year many businesses are simply focused on staying afloat. Here we take a look at what it takes to be a small business owner in 2020.