While a great deal of the country is creeping in and out of the polar vortex (sorry Al Gore...I'm not buying the whole "global warming" antic) spring is actually right around the corner. Many readers are experiencing the uptick in sales already! After all...tax money seems to come earlier and earlier every year!
Consumers, at least the automotive consumers, seem to want to buy when they have the money in hand...that means we need to be prepared...and that means having inventory on hand ready and waiting!! But how do you take advantage of early buying opportunities to be sure you have inventory at the best price when your cash flow is at it's lowest point? Consider a revenue based loan ...this type of borrowing is based on your revenue and is probably the best way to take advantage of the best early bird special pricing your vendors are going to offer...all year!
If you've got a great new idea...crowd funding might be an option, but this is generally reserved for a brand new idea or product.
As always...drop me a line (using the "contact us" box on the right side of the page) if you have any questions.
Drive fast!
No comments:
Post a Comment