Mantis Funding has helped many retail outlets get ready for busy months by providing a merchant cash advance. With a Mantis Funding cash advance, you can plan ahead and hire more hands to help during rush hours. Mantis Funding can help you secure a merchant cash advance, which can be used to create a website, print ads, buy radio slots, or print brochures. Visit @ https://bit.ly/36l1VYW
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
How to Make Use of Sales Opportunities with a Merchant Cash Advance
1. How to Make Use of Sales
Opportunities with a
Merchant Cash Advance
2. In some industries such as retail, business
owners look forward to certain seasons and
holidays as they can expect greater traffic both to
their physical and their online store. For example,
in February, there may be more sales for greeting
cards, jewelry, or even clothes as Valentine’s Day
is celebrated during this month.
3. However, to take advantage of these peak seasons,
you need adequate working capital and cash flow.
Mantis Funding has helped many retail outlets get
ready for busy months by providing a merchant cash
advance. Here are ways that you can use the funds
to help your store.
4. Improve Overall Service
Peak seasons not only bring in old customers, but
you may see new customers stopping by at your
retail outlet. Quite often, you may get only one
chance to make a lasting impression. Unless you
have enough staff at your counters, your customers
may not feel welcome and in a mood to shop.
5. It also helps to train your team to handle inquiries
and push sales. Small businesses may not be able
to afford these expenses unless they have strong
cash reserves. With a Mantis Funding cash
advance, you can plan ahead and hire more hands
to help during rush hours.
6. Enhance Marketing Efforts
Smart businesses will not wait until the peak
season to start planning their sales strategy. It is
important to plan well in advance, so you are
prepared. If your business is relatively young, you
might need to compete with larger brands to attract
and retain a loyal customer base.
7. Based on your products or services, you may need
to create a strong online presence or even extend
your efforts to mobile marketing. If you don’t have
the in-house expertise to handle these jobs, you
may need to hire a marketing agency or a full-time
specialist. Mantis Funding can help you secure a
merchant cash advance, which can be used to
create a website, print ads, buy radio slots, or print
brochures.
8. Maintenance and Upkeep
Simply attracting customers to your store may not
be enough to generate a store. Your outlet needs to
have a welcoming and comfortable décor and
layout that will get customers in the right frame of
mind to shop. Further, you can add an
entertainment area for children to play or a few
television sets to keep them occupied.
9. Comfortable seating and clean restrooms will also add to the
experience. If you’re unable to invest in these additions, you
can choose to apply for a Mantis Funding cash advance.
Rather than dip into your revenues, you can repay the
advance from credit card transactions that will occur in the
future.
10. Don’t lose out on business but take advantage of every
sales opportunity to put your best foot forward. Apply for
alternate funding to get the ball rolling for this holiday
season.