Merchant Cash Advance Blog

With 2020 behind us, there are many things we can look back on from a business perspective as learning experiences. While things are still quite turbulent, there is a light at the end of the tunnel. Focusing on future growth initiatives that can make your business more flexible and diverse should be made a priority in 2021. Small businesses that are able to pivot quickly and remain operational despite the current environment have the best chance to thrive into the future. Here we take a look at five takeaways from 2020.

There’s no question that 2020 was a tough year for most small businesses, but many have found ways to survive and even thrive. As we look forward to 2021 with renewed hope, it’s important to learn from the challenges we faced over the past year and use them to fuel our growth, both professional and personal. Here we take a look at seven of our most popular articles from 2020.

There is news today of the possible merger of Uber Eats and Grubhub. The two food delivery giants are said to be discussing a deal that would result in the biggest restaurant food delivery operation nationwide. Uber Eats has over 100,000 restaurants on its platform, amounting to roughly 20 percent of the market. Grubhub, with about 300,000 eateries, has about 30 percent of the market.

Having a well thought out business plan that includes a detailed budget is essential for the longevity of a small business.  Knowing where every dollar is coming from and going to will help you make better decisions regarding the direction of your business.  Many small businesses operate at a loss without knowing it until it’s too late.  Here we outline seven questions to address when determining your yearly budget.

Being the owner of a small business has taken on a whole new identity in 2018.  Important social movements such as #metoo 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 keeping up with trends or mastering a new skill or technology.  Other times you may need to step outside of your comfort zone and take risks.  Here we take a look at what it takes to be a small business owner in 2018.