Your Merchant Cash Advance Questions Answered

Apr 27, 2015

cash advace

What is a merchant cash advance?

Contrary to popular belief, a merchant cash advance is not a loan. A Merchant Cash Advance gives businesses access to much-needed cash, and provides flexibility in repayment because repayment is usually based on your daily sales. If your business is slow you will pay less and when your business picks back up you will pay more. This helps regulate your cash flow and allows you to repay based on your success.

 

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Topics: Funding Your Business, Growing Your Business

Don't Cut Corners: Apply for Alternative Funding & Grow Your Business

Apr 23, 2015

cutting cornersCutting Corners Doesn't Grow Your Business 

In order to increase cash flow and improve overall revenues, small business owners will sometimes attempt to avoid spending while also reducing operating expenses. Since the financial crisis, the general movement for United States businesses have been to scale back on their operations and minimize business costs. However, there can be long term consequences as a result.

At the time, this may seem like a good idea for a lot of entrepreneurs, it is actually counterintuitive and diminishes the value of the business. When owning and operating a small business, the brand cannot grow if you refuse to spend money. 
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Topics: Growing Your Business

Business Cash for Growth: Scaling Up While Maintaining Quality

Mar 28, 2015

Business Growth"A growth hacker is a person whose true north is growth. Everything they do is scrutinized by its potential impact on scalable growth," wrote Sean Ellis, a start-up marketing guru, in 2010, when describing those who wish to and can solve problems with innovative and unique concepts. 

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Topics: Funding Your Business, Growing Your Business

5 Ways to Improve Customer Service

Mar 27, 2015
improve customer serviceFor every small business, obtaining and retaining customers is like a game of chess. It takes strategy, dedication and time to acquiring customers and building client loyalty. 

Superior customer service can impact the business positively, while poor customer experience can result in lost sales.
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Topics: Funding Your Business, Growing Your Business

7 Tricks to Learn From Business Failures

Feb 12, 2015

Screen_shot_2015-02-25_at_12.26.23_PMInventor Thomas Edison once said, "I have not failed. I've just found 10,000 ways that won't work." For every entrepreneur that wants to live out the American Dream, this type of mindset should be embraced and not ignored. It may seem counterintuitive in the business world, but sometimes failing is the key to learning and succeeding.

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Topics: Growing Your Business