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With Christmas around the corner, now is the key time to start preparing your business for the festive period. Our simple planning tips will help your business run smoothly during the busiest time of the year, so that you can make more sales and boost your profits.
Make sure you review your bestselling items and the times of day you are the busiest so you can keep on top of your stock management. Not planning ahead to meet demand could cost your business over the festive period and you may also lose valuable long-term custom. You should be thinking about how you can cover the cost of additional stock well in advance, and a short-term cash advance could be the ideal solution if you take card payments. You can raise a lump sum cash injection in a matter of days and repayments are linked to your daily card turnover, which means you’ll typically pay it back in six to seven months.
In any business, there’s always room for improvement. Whether it’s expanding your premises, giving your business a fresh new look or updating your website. This can make your business stand out from the competition in the lead up to and during the busy Christmas period, keeping your customers coming back.
With the influx in trade at Christmas, you need to make sure that you carefully review your rotas so you have extra staff in place on your busiest days. A hassle free short-term cash advance can help you to cover the cost of hiring seasonal staff, so that you can concentrate on the smooth running of your business instead of worrying about cash flow.
A short-term cash advance can also help you to fund a Christmas themed promotion or advertisement in the lead up to the 25th December. You can boost sales by using a social media advertising campaign to target your ideal customers and reach people who may not have heard of your business before. Running a discount or promotion such as a 3 for 2 deal on selected products may encourage customers to spend more too.
To find out how Quick Capital’s short-term cash advance can help you with planning in the lead up to Christmas, call one of our advisors on 0800 3777 402 or visit www.quickcapital.co.uk