Spring is finally here and across the country retail store owners’ minds are turning
to… Christmas. Small retailers and big box chains alike have already started
planning their purchases for the holiday season.
And that can create a challenge for small store owners. The holidays present the
biggest opportunity of the year to grow their business. An unexpected expense or
tax bill could limit how much they can buy. On the flip side, businesses that want
to go to the next level may want to buy more inventory to support their growth
strategy.
How do they buy all of the merchandise they need for their peak selling season at a time when sales are much slower?
Thrifty budgeting
Store owners could finance the next holiday season’s purchases from the previous
holiday season’s sales. That requires a combination of discipline, favorable sales
during the off-season, and luck. All it takes is one unanticipated expense to throw
that careful budgeting off track.
Store owners could finance the next holiday season’s purchases from the previous
holiday season’s sales. That requires a combination of discipline, favorable sales
during the off-season, and luck. All it takes is one unanticipated expense to throw
that careful budgeting off track.
Bank financing
Bank loans are a traditional approach for merchants. But the hoops banks expect
business owners to jump through can make a loan hard to get and even harder to
support.
PDM Capital's merchant cash advances provide another way to finance
seasonal purchases and pay them off using cash flow from today’s sales. They are
another resource small business owners can rely on as they prepare for their
busiest selling season.
PDM Capital wants to build a better economy by making life easier for small business owners. We base decisions on the strength of your business, not the equity in your house. We schedule payments that flex with your business, not our business. We finance your success because that is the only way we succeed.
For more information on how PDM Capital can help you strive forward contact us or subscribe for more helpful tips.
