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Business Funding for Extreme Weather Preparation

As the summer winds down, we are reminded of the one year anniversary of Hurricane Sandy, not to mention the anniversaries of an array of tropical storms that have left property owners throughout the eastern coast of the United States with insurmountable losses. For business owners, some preparation should be considered. Whether that be weather-proofing windows, investing in flood insurance, or making other renovations and investments to assure the losses will be manageable in the worst case scenarios.

Of course, in order to protect your store or office, you are going to need extra small business funding. This is the sort of investment perfect for a merchant cash advance from Infinity Capital Funding. Our team is determined to offer much needed assistance to businesses trying to make financially sound decisions before disaster hits.

When preparing for potential tropical storms, it is important to understand the likelihood of a serious incident and your store or office’s specific weaknesses therein. If you are near the coast, chances are you are uniquely vulnerable to flooding. Businesses at higher elevations might need business funding to prepare for high winds. In either case, we are ready to provide funding for small businesses looking to get ahead of extreme weather.

Risk vs. Stagnation: New Services or Products and Your Business Funding

Considering small business funding to add a new product or service to your business? Great! Finding new and interesting services and products is one of the best ways to stay relevant in a perpetually changing marketplace. A new product can unlock profit streams you never imagined, but it might also pull your focus, and should it fail to catch on, could cost you. How can one avoid that kind of pitfall?

As anyone who has started a business knows, ambition and growth require risk. That risk is both personal and financial, meaning your funding for small business investments will be dedicated to a risky venture whether it succeeds or fails. The fear of new ideas failing leads many businesses to maintain a safe strategy instead of reaching for a bigger consumer base.

In an effort to safeguard your business from bad decisions without stifling growth, here are some ways to test a risk before you invest business funding in it:

  • Survey Your Customers: Ask customers, either in person or with online surveys, if your new product or service idea interests them.
  • Look at Similar Businesses: Whether they are your rivals or just a similar business in a different town, checking in on businesses that have taken a particular risk prior to you is always a good idea.
  • Do Not Let Something New Take Away Focus: Your business is only as successful as it is because of what you made it. Be sure to maintain that quality and consistency.

Working Capital Loans Mitigate Surprising Business Costs

Launching a business is an expensive endeavor. Most people who have brought a product to market or opened up a store suggest that from planning to completion, these projects will always cost twice as much as you expect. That is a steep and uncomfortable financial hill to crawl up for anyone looking to make the most of their entrepreneurial spirit. The need for small business funding is undeniable.

After that first endeavor, many folks suggest that even as costs come down you will still need working capital loans in order to keep the company solvent through much of your first few years in business. Luckily you have found Infinity Capital Funding, a business funding source that understands just how stressful these kinds of money maneuvers can be. As a result, we have set up a wide array of options for businesses to receive the funding they need without needless stress later on.

With low interest rates and fair payment plans, we know that you can not just survive but thrive. This is why we do not call you or your company a customer. We call you our partner because we are in business to make money together. Investing and lending should always be so safe and agreeable.

Business Funding for AC

business fundingFor a lot of business people, especially those just starting out, there is a budget-minded tendency to cut corners wherever you might be able to. As winter turned to spring, many of those business people decided investing in an air conditioner was unnecessary. Now that the “real feel” temperatures are getting into the 106 degree range, they—and their customers—are likely taking notice.

With small business funding from our knowledgeable staff at Infinity Capital Funding, you can invest money in your business, including installing an air conditioning system. When it is this stiflingly hot, the heat can destroy merchandise or discourage consumers from even entering an air-condition-free zone.

Putting business funding into air conditioning is not without its logic. Adding AC will keep employees happier and make customers feel like your business is a cozy refuge from an unforgiving sun. Once you have the unit installed, we will take our repayment out of a small percentage of your credit card sales. The idea behind this plan is to stretch your repayment out so much that you do not even feel it in your pockets in the coming months.

Do not languish one more day with no air conditioning at your business.

Tracking Business Funding Year to Year

business funding sourcesThe best way to keep a business solvent and budget yourself properly is to always keep ahead of your financial reality. For a new business, the first year can feel like searching for a lighthouse in a thick fog. Once you have one year of financial records, planning should become more manageable.

By looking over the month-to-month reports from previous years, many business owners can measure their need for small business funding during leaner months and set up systems for saving during times of more robust business. While you might still need to seek out business funding sources, you will be better able to manage repayment and how to invest those funds with this kind of active accounting.

As an owner and manager of a small business, it is your job to maintain normalcy throughout your business year. The financial strain of a lean season should not be felt by your consumers, your staff, and ideally yourself. All businesses need to borrow money for growth; the trick is borrowing wisely and not becoming a victim of predatory lending practices that have shuttered far too many businesses’ doors. Managing small business funding is no easy task, but each year it should become a little easier.

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