3 Good Reasons To Renovate Your Store

Change is good. This isn’t just some old idiom or cliché. It’s a fact. Business owners from all over Canada know this to be true. At least, this is the case with clients of Synergy Merchants. Since 2007, we have proudly provided merchant cash advances to business owners who have looked to make changes in their companies that have helped them to grow. The extra money secured through our program helped them to do just that.

One of the most popular changes that business owners make is the physical changes made to their storefronts. In many cases, the way a store looks makes all the difference in the world when it comes to the impressions that customers have of them. Without constant upkeep and updating, a business can be interpreted as out of date, behind the times and simply underperforming. Are there renovations in your store’s future?

Here are three reasons to renovate your store:

1. You want to impress your clients. Who doesn’t? You know what they say about first impressions, right? If new clients are entering your place of business and not immediately “wowed”, it can often mean the end of those customer relationships. To make great first impressions, you need to be considerate of the decor of your place of business. On Canadoo.ca, a perfect example of why this is important is provided.

“Imagine walking past two restaurants – one is old and dilapidated and the other features modern accents and design,” offers the site, “At which restaurant would you be more willing to eat? Even if you’re not running a restaurant, your first impression is an important one. You want to impress your clients and hold their attention – and sometimes the state of your offices is all they need to make a decision about your business sense.”

2. You want to create a more effective use of your space. Sometimes, your place of business just needs to better utilize its resources. Do you have particular items and displays in places that can’t be seen? Is there a large space that is underutilized or ignored? Changing up the way you’ve designed your store can really help to open it up to new opportunities. Literally!

“Does your commercial space have some pesky layout issues you’ve just been itching to resolve?” asks TodaysRenovators.ca, “Are they impeding your work progress or failing to meet your clients’ needs?” If so, a renovation of your store is certainly be in order. The site goes on to note that reinventing your workplace’s physical space can help to foster increased productivity and job satisfaction.

3. You want to remain competitive. No matter what industry you’re in, you have competition. Chances are your competitors are finding ways to draw customers away from you and into their stores. Don’t let them get away with that! Renovating your store communicates that things are happening with your brand. Remaining on the cutting edge and looking your best will attract customers away from those who aren’t following those same principles.

“If your business is growing, a renovation can help you make more room for staff, but also gives the impression of success,” reads Canadoo.ca, “Obviously, your renovation can help you be more efficient and improve employee productivity at the same time, but a renovation will help you maintain competitiveness in your market by allowing you to implement new strategies and tools for success.”

Are you considering renovating your store? If so, Synergy Merchants can help you to get the cash you need to afford the renovations. Contact one of our licensed funding specialists today to get a free, no obligation quote for a merchant cash advance. Simply call us at 1-877-718-2026 or email us at info@synergymerchants.com.