Running a successful business calls for both creative thinking and cash. With business funding methods such as the business cash advance available, the cash part is easy, as merchants who process at least $3,500 in monthly credit card sales can get up to $500,000. The creative thinking part, however, may take a little more work. But once you’ve mastered the former and gotten a hold of some business cash (hopefully through a business cash advance), the combination of the two can lead to growth and profitability.
Take the fashion industry for example. In attempt to get consumers who’ve recently cut or drastically reduced their spending on beauty and fashion purchases, fashion icons Anna Wintour and Diane von Furstenberg are sponsoring an event called Fashion’s Night Out. During this event, “…700 stores in the U.S. and 11 other countries, including the U.K., Greece, Japan, China, Russia, India and Brazil, will keep their doors open until at least 11 p.m. on Sept. 10-the eve of New York Fashion Week,” as stated in the Wall Street Journal.
Stores participating in the event will provide special treats such as DJs, live music, celebrities, designers, food, champagne and raffles.
Obviously, such events require ample business funding, but the general idea is that they will produce much more in revenue than it cost to put on the events.
You don’t have to be in the fashion industry to come up with a creative and lucrative idea. Merchants across the country and in various fields can benefit from a great idea and a little bit of cash to spend.
If you have the idea, but you don’t have the cash, don’t hesitate to apply for a business cash advance. As long as your business processes at least $3,500 in monthly credit card sales (as mentioned above), you have owned your business for at least six months, you have no unresolved bankruptcies and there is at least one year remaining on your business lease, you can get a business cash advance.
Apply for your advance today and you can actually have the funds in your account in as little as seven business days.
Get a free online quote today!