Merchant Cash Advance Blog

So you’ve beaten the odds and developed a successful small business.  The burning question at this point is, what is your next step?  Many small business owners would like to expand their business but don’t always have the space to do so.  The answer could be opening a second location.  There are many factors you should weigh before making that decision and several other steps you’ll need to take to ensure success.  A second location is a significant investment, it’s important how to know when you’re ready.  Here are some questions to ask yourself before taking the plunge.

Specialty foods have become so popular now that supermarket chains have dedicated aisles for their cultural selections.  This added competition makes it even more important for a small business owner to take up initiatives to help them stand out.  Customers that visit a specialty food market are looking for fresh and unique items.  There are many small things you can do to increase sales.  There are also larger projects that you can undertake to completely transform your business.  We’ve compiled some tips on how you can bring in more customers and make more sales to those customers while they’re in your store.

Technology has transformed the modern day coffee shop.  Small businesses looking to compete with the likes of Starbucks and Dunkin Donuts need to lean heavily on the technical revolution.  While you don’t want to sacrifice the feel and atmosphere of your coffee shop to incorporate the latest technical trends, there are certain things that are now common place and expected of an up to date coffee establishment.  Some of these items will require a significant upfront investment but the revenue returns will help to grow your coffee shop.  These are the amenities that will draw customers in and keep them in your establishment for a longer period of time.  Providing convenience, customer service and the ability to perform business tasks while enjoying a cup of brew will have a big impact the longevity of your coffee shop.  Bookkeeping and inventory management software can also help your company run more smoothly and allow you to focus on business development.

Now that school is back in session, it's time to get back to business. Although this time can mean a few slow months for some small businesses, there are several things you can do to remain productive and grow your business.  Preparing for future busy times and making improvements inside and out are great ways to spend this down time.  While it may not be slow for every business, these tips will help you to spend this potential slow season being proactive.

Merchant cash advances have become increasingly popular option in small business lending.  Whether you’re looking for cash flow, to make improvements or expand to a second location, small business owners have grown to realize the many benefits of a merchant cash advance.  The process to be approved for a traditional bank loan is only getting more difficult.  Many businesses know they need additional funding, but aren’t sure how to go about obtaining it.  Additionally, some companies are not aware that a merchant cash advance could be available to them or when to use one.  There are many different occasions when a merchant cash advance can benefit your business.  Here are a few examples of when a merchant cash advance is your best option.