Oftentimes in business, we use lessons learned through sports as a reference point in running a small business. As we wrap up the first quarter of the year, our local ball clubs are heading south to gear up for the season. And what better way to get ready for the second quarter than to look to at baseball for some guidance when it comes to running our businesses?
During spring training, team executives evaluate and monitor the current strengths and weaknesses of their team. Then strategize how to build on their strengths and improve their weaknesses. As a small business owner, it is important to do the same.
As each quarter comes to a close, many businesses need an immediate influx of capital in order to achieve a company initiative that will result in larger gains. Businesses that need money quickly often turn to a merchant cash advance or a fixed daily payment loan as a solution to their capital crunch. Instead of waiting two or three months to get an answer from a bank, these programs can get funds into a company within two or three days. What effect would having some extra capital to put towards marketing have on your business? Maybe you need some working capital to do some renovations to the interior of your business. Consider a merchant cash advance, a call to the bullpen. Whatever your need may be, having a relationship with a private lender may be the solution.
Now imagine it’s the bottom of the ninth, two outs, and the bases are loaded. You know the necessary adjustments you’ve got to make to take your business in order to get to the next level. If you’ve got an opportunity that requires immediate action, sometimes you’ve got to swing for the fences or suffer the consequences of watching that opportunity pass you by. Contact your account representative at Integrity Payment Systems or reach out to Fora Financial to see what we can do for you today.
Written by Zachary Steinberg, Executive Capital Specialist at Fora Financial. Fora Financial offers flexible, working capital solutions to small businesses in need of financing to sustain or grow their enterprise. The Manhattan-based company places a high value on trust and transparency and provides businesses with quick, customized financial solutions utilizing its state-of-the-art technology platforms. Founded in June 2008, Fora Financial has provided more than $178 million to over 4,500 customers.