The licensed funding specialists at Synergy Merchants have discussed numerous options with their clients concerning…
With August now here, the halfway point of summer is practically upon us. School will be starting up again in about a month and many parents are starting to think about getting their kids some new clothing for the fall. For the most part, children are not even thinking about school yet. But that doesn’t mean that you shouldn’t be thinking ahead.
As a business owner, you have undoubtedly learned that staying ahead of your competition quite often means thinking ahead. Beating your competitors to the punch is the name of the game if you want to stand out as a leader in your industry. So naturally, clothing retailers should be stocking up on fall clothing by now.
What are other ways that you can stay ahead of the competition? For the most part, a good advertising campaign would help. It’s one thing to have the products available to your customers before they need them. It’s another thing to let them know that you have them at unbeatable prices.
This is where a merchant cash advance can be of great service to you. When you have the extra working capital necessary to buy inventory early, you can often get a great deal on the items. When the time comes to put the merchandise on the floor and promote a sale, you will turn great profits.
For some business owners, getting the cash to purchase inventory early and advertise is tough. Many of our clients have shared their grievances about dealing with banks over the past few years. Getting a merchant cash advance, however, is a quick and easy process. So, of course, one of the primary benefits of our program is how timely it is for our clients.
But secondly, because they can get the money quickly, business owners across Canada are able to put their forward thinking into action. Getting new inventory long before the season arrives – for example, fall clothing in the summer time – is a surefire way to ensure that your customers’ needs are always met.
One of our most successful clients makes use of a merchant cash advance before each and every winter season. His store, known for selling top-of-the-line winter jackets, is always fully stocked during the fall. Members of his community know to visit his store for the latest fashions. They are always treated to good deals as well.
This is because of the great deals he gets by buying the jackets well before the winter. Getting the merchant cash advances allows him to buy loads of inventory that helps him to have successful winters each and every year. Another benefit to the program, of course, is that there is no fixed repayment schedule.
That way, our esteemed client makes easy payments throughout his winter through the sales of the jackets. He pays off the advance by spring and is on his way to another successful year. Year in and year out, this is how he keeps his business growing. You can do the same. Think ahead, and give one of our licensed funding specialists a call today!