Well, the end of August is drawing near. And although this doesn’t yet spell the end of summer, it does mean that a new season is somewhat around the corner. In the business world, that practically means that the fall – and even the winter – is already here. To be specific, the time for planning for these seasons has already come.
Clothing stores, for example, are already stocking up for the back-to-school rush. In fact, school clothing and accessories have been available in such shops for most of the summer. Many of our clients in this industry tell us that they have put their cash advances towards the purchase of this type of inventory.
It makes sense, obviously, to buy inventory when it is at its cheapest. This is regularly the case when the items are not in high demand. Naturally, winter jackets do not sell in the summer time. Therefore, a clothing store and winter gear supplier that purchases winter jackets in the summer is making a smart move.
So when winter rolls around, that store is ready to be fully stocked with season-ready clothing that was purchased at a reasonable price. The mark-up means that the profits will be greater making the investment to buy the inventory early was a wise one. This type of forward-thinking is not exclusive to clothing stores, of course.
With the fall season soon upon us, it is time for you start thinking – if you haven’t already – on what you will be doing to make sure that your store remains competitive in the coming months. If you have all the inventory you need, perhaps considering a new advertising campaign to bring more business into your store is in order.
What sales can you offer your customers so that they are more likely to want to come into your establishment? What is going to set you apart from your competitors this fall? Why will consumers want to spend their money at your store instead of the others? These are the questions that business owners everywhere should be asking themselves.
With a merchant cash advance, the answers to these questions come so much easier. Many entrepreneurs find it hard to determine just what their next moves are because they don’t have the extra working capital to put their plans into action. With more money available, taking their companies to the next level becomes more achievable.
Put your plans into action. Check into getting a cash advance to give yourself a better opportunity to seeing those plans through. It’s as simple as getting a free quote from one of our funding specialists. We invite you to join the many other business owners who are preparing for this upcoming season by fulfilling their plans to make more money.