Do You Have the Funding to Prepare for the Vital Holiday Season?

Whew! The fast pace of summer business has slowed down giving business owners a chance to re-group and prepare for the rush of the holiday season. October can be a slow business month, especially for retailers and restaurants, making it the perfect time to plan ahead!

A profitable holiday season is crucial to the success of retail stores and restaurants. In order to maximize your profits, consider the following:

• Inventory should be well stocked and ready for the earliest holiday shoppers! The good news is that many vendors offer discounts during the month of October. Take advantage and stock up! Check with your suppliers to see if discounts are offered or ask for a discount if you buy in bulk.
• Increase your marketing efforts during the busy holiday season! Consumers are bombarded with print ads, online ads, radio and t.v. ads all calling for their business. Be sure you are heard above the rest! Speak with your marketing company to see if they will provide a discount for early payment on your holiday ads.
• Do you have enough staff? There is nothing more frustrating than filling your business with customers, but losing the sales because you do not have adequate staff to service them. Hire seasonal staff early enough to train them well. Having enough salespeople or servers means nothing if they can not do the job properly.

Don't let limited cash flow hinder your holiday sales! Speak with a business consultant at National Business Capital to learn about our financing programs!