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As a business owner, you may sometimes wonder if accepting credit card payments are worth the cost. After all, it does add to your expense column. You have to buy or lease the card processing equipment, you may need to change your accounting system, you need to train employees on how to handle payment, validate identification and prevent fraud, and … Read More
Good Business Investments For A Merchant Cash Advance.
A merchant cash advance is an excellent alternative funding source to add to your current mix of loans, lines of credits, credit cards and personal financing. Businesses like them because of the simplicity in securing capital. Capital advance providers typically don’t ask for a business plan, and they usually do not require collateral. Your credit score does not have to … Read More
Sorry, But Your Business Doesn’t Qualify For A Merchant Cash Advance
Merchant cash advances have been gaining in popularity as an alternative lending source to small business as credit remains tight. Big players like Amazon and American Express are getting into the business. Many businesses that have used a merchant advance in the past use the product over and over to even out cash flow. But some businesses have nothing good to … Read More
Need Help Getting Money and Making Money? Try These Four Small Business Solutions.
Ready to take your business to the next level in 2013? Consider the following four business applications to help you get money and make money.
Restaurant Expense Cuts That Cost You Customers
$1.8 billion. That’s the typical sales for the entire restaurant industry on any given day in 2013. That sounds like a lot of money doesn’t it. But as a restaurant owner or manager, you know the truth – restaurants are high-expense businesses. Full-service restaurants typically pull in margins of only 2-5 percent. According to the 2010 Operations Report by the … Read More
Outsource Development To The Crowd In The Cloud.
Running a small business is expensive and a lot of work. You need to develop new products; you need to resolve customer complaints; you need to optimize pricing to hit your revenue targets; you need to have experts on staff to handle certain areas of the business, and you need money to keep it all going. There is a way … Read More
Five Expense Management Strategies to Help Manage Cash Flow.
Last week we discussed the first part of this equation, how to make money, or more specifically, how to bring in the money faster. Now let’s take a look at the other side of the equation – expenses, or more specifically, how to pull out money more slowly.
Get Money And Make Money For Your Business.
Nothing beats running your own business. You’re the boss. Your destiny is in your own hands. But once business starts to take off, so do your expenses, you take on more staff, diversify your products and enter new markets – which translates into payroll, buying inventory or new equipment, marketing, renovations, real estate, licensing and more. All of these expenses … Read More
First Class Funding – The Value of Convenience.
Let’s cut to the chase and talk about the ‘negatives’ regarding a merchant cash advance. The biggest objection is price – a merchant advance is expensive money. We’re not going to dispute this fact, at least not for our product; rather we want to tell you what you’re paying for – convenience. • When you want to go from Chicago … Read More