3 More Reasons To Start Your Store Renovations

In our last blog, we provided a number of good reasons that you should renovate your store. At Synergy Merchants, we often provide merchant cash advances to business owners for this purpose. It can be argued that renovations are among the top ways to enhance public perception of a business and therefore, foster its growth. If you’re on the fence about renovating your store, perhaps you should consider a few more reasons to do so.

Here are three more reasons to start your store renovations:

1. You want to remain relevant. Every year, car companies present new and improved models of their most popular vehicles. Now, imagine if they weren’t updated on a yearly basis. Consider what your opinion of an automaker would be if it’s 2007 models exactly resembled its 2016 designs. It’s not likely you’d be very interested in buying one of their cars, would you? Why should your store not be remodelled?

It’s important to stay relevant to the current time. According to Canadoo.ca, “your business renovation makes you look good and work better, but it can also make your customers more comfortable. In your renovation, you should consider upgrading or creating new boardrooms that are optimally lit and well-organized. You have the power to create a state-of-the-art facility that makes customers and employees happier.”

2. You want to increase sales. All retailers are interested in drumming up more business. Attracting customers into your store is the first step. You can’t make sales if people aren’t walking through your doors. With a newly renovated space, you’ll turn more heads. You’ll also afford yourself the opportunity to launch a new “Grand Re-Opening” sale. There’s nothing like discounts and a special event to boost sales!

3. You want to establish a new image. In some cases, business owners don’t just want to update the looks of their stores – they want entire revamps! Quite often, an overhaul or complete makeover can work the type of wonders that get companies back on their feet. If you’re looking to change the image of your business, a renovation is certainly necessary.

“A business renovation will give you an opportunity to coordinate your workspace with your company’s brand,” says Canadoo.ca, “You can install company logos and paint walls to match the colours in those logos. A consistent brand image is an important element of a company’s success; so if your brand and your office design are out-of-sync, it might be time to renovate.”

TodaysRenovators.ca agrees that updating your space can help to enhance the image of your business. “A commercial renovation will almost always guarantee greater traffic and an increase in sales,” says the site, “When your space gets an update, so does your image! Look at a renovation as an investment in your business. With the right contractor and a well-executed renovation, you will certainly see a positive result.”

Are you thinking about 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.