Starting a business is an exciting venture, but there are significant factors to consider that will determine the success or failure of your pursuit. We’ve all been in a tight spot financially, even as children when we were a couple of cents short on our bag of sweets at the corner cafe. Thankfully, there always seemed to be a kind samaritan willing to fill in the rest to enjoy our favourite sugary treat. Unfortunately, as we grow older and our role in society becomes riddled with responsibility and tough decisions, we don’t often find ourselves at the receiving end of kind financial gestures. For many small business owners, keeping your doors open during a financial crunch can be tough, and you may consider a financial loan on many occasions but get hit with the reality that your credit simply won’t allow it. It can be a hard pill to swallow, understandably, since your business is what helps you put food on the table and have a sense of financial security. The good news, though, is that there is a clear way forward for your business. Whether you need financing for up-scaling or replacing damaged equipment, Advantex Capital provides business financing plans that work as a sales transaction, so it stays off your credit report. In addition, they are customized to your cash flow so you can sustainably manage your payback without hurting your profit margin or bottom line.
Advantex Capital is the leading merchant finance company in Canada and helps small businesses to thrive in their competitive industries. Forget the stress of heavy financial down payments and trust in Advantex to supplement your business with business financing to keep you moving forward.
Financial Security Is Essential To Curate An Established Brand
Owning and running a business takes copious amounts of hard work and dedication, and usually, that is just to break even. There are many elements that make up a business that helps you establish yourself as a competitive brand in your industry, but all of these elements require financial security. Take a look at these crucial elements and what it means for your finances:
- Staffing – you need staff to perform core business functions such as accounting and customer service, and financial security is essential to ensure you can pay your staff on time.
- Marketing – getting your brand out there requires a smart marketing strategy. Whether you choose to advertise on paper or go the more streamlined digital marketing route, you will need to hire professional marketing personnel to strategise and implement brand awareness campaigns. Marketing is an essential part of a business and therefore requires a consistent cash flow for ongoing productivity.
- Operations – every business has an operational side that directly impacts the profitability of your enterprise. A restaurant owner, for example, requires utilities, food products, kitchen equipment and staff to keep operations steady and productive. Financial security ensures your business doesn’t experience downtime in operations.
- Technology and equipment – technology and equipment are essential for any business for telecommunications, marketing, sales and operations and gives your business a competitive edge. Without financial stability, damaged equipment cannot be replaced and reaching your customers becomes impossible when technology fails to meet your needs.
Finances are the backbone of a business and are the very thing that keeps your doors open. Every business will experience highs and lows as the market changes effect sales and profit, but with business financing from Advantex Capital, you can avoid the lows and supplement your business with sustainable growth opportunities.
Advantex Capital offers fast financing solutions so you can keep your business moving forward and leave the stress of breaking even in the rearview mirror. Visit our website to find out more about our services.