Sorry, But Your Business Doesn’t Qualify For A Merchant Cash Advance

Steve O'ConnorBusiness Operations, Capital Advance, Cashflow, Funding Options, Merchant Cash AdvanceLeave a Comment

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

The Daily Deal – Friend Or Foe Of The Small Business?

Steve O'ConnorCashflow, Funding Options, Marketing, Small Business Marketing, Small Business TrendsLeave a Comment

Groupon. LivingSocial. Gilt Groupe. There are few advertising options that garner as much praise and poison at the daily deal provider. They’re heralded as traffic generators in one breath, and small business destroyers in the next. What is their attraction? The most obvious benefit to the daily deal is traffic generation. Overall, almost 80 percent of daily deal traffic comes … Read More

Complaints – Average Businesses Ignore Them. Exceptional Businesses Don’t

Steve O'ConnorCustomer Service, Marketing, Women Owned BusinessesLeave a Comment

Customer reviews can make or break a business, especially when shared online on a public forum like Yelp, Tripadvisor , Twitter, or even Facebook. Almost 8 in 10 online Americans between the ages 18 and 64 agree that online reviews influence their purchase decision.  This all sounds exciting until your business gets negative press.

Restaurant Expense Cuts That Cost You Customers

Steve O'ConnorBusiness Operations, Cashflow, Customer Service, RestaurantLeave a Comment

$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

If You Build It, They Will Come…If They Can Find You.

Steve O'ConnorMarketingLeave a Comment

The key to a successful business is the ability to be found by your potential customers. There are two critical locations for which they search: the location where they can transact business, and the location where they can find out more information about your business and your solutions. Investing to ensure your business found can open doors to increased revenues, … Read More

Four Strategies To Improve Incoming Cash Flow.

Steve O'ConnorBusiness Working Capital, Cashflow, Funding Options, Merchant Cash AdvanceLeave a Comment

Cash. It’s the blood in your business’ veins. It’s what keeps your company going. You need to take in some money, and you need to put out some money in order to run a successful business. Now there are a lot of complicated explanations of cash flow management, but we’re going to simplify it for you: You need to take … Read More