Merchant Cash Advance Blog

Crowdfunding is all the rage, and you hear about a few select success stories where thousands of dollars are raised to support a cause, an idea, or a business. In reality, though, crowdfunding is much more difficult than it looks, whereas merchant cash advances are simple to get for qualified businesses. Here are some other ways MCAs are better than crowdfunding.

As a restaurant owner, you may be thinking, how can I target potential customers that do not necessarily like to dine out?  There are millions of food lovers that are longing for a better food delivery option.  As the public tires of the common take out selection, it has created a potential financial boon for current restaurant owners.  The quality of food that can be delivered from a high end local restaurant can be much greater than your average take out facility.  That quality is what will drive the demand from people seeking a fresher, healthier meal.  Taking your menu to the customer can come in several forms, from simple meal delivery, to a full scale catering service.

Breaking into the fashion industry and keeping your clothing store up to date with the latest trends is a key to survival in this ever changing market.  There are several ways to make your store appeal to your target demographic.  Fashions and trending brands can be tough to keep up with; however, it is of vital importance for maintaining credibility and a presence in the industry.

Investing in a food truck is the perfect way to take your brick and mortar restaurant to the next level and grow your business. 19% of established restaurants say they are very/somewhat likely to launch a food truck within the next two years according to the National Restaurant Association. Between expanding the reach of your brand and providing a less expensive second location, taking your restaurant to the street can add many benefits to your bottom line.  Offering flexible locations and the ability to cater social events, food trucks offer a chance to reach new customers and expand your revenue base.

In order to grow, businesses need to do one of two things: increase sales to their existing customers or find new customers. A business cannot expand very easily without finding new customers to buy their products or use their services.
Finding new customers is all about making sure more people know that your business exists, and what it can do for them. In other words, advertising and marketing.