Blog posts tagged with "Retail Loans"

6 Tips for Hiring, Training, and Managing Seasonal Employees at Your Retail Business

December 06, 2018
The National Retail Federation estimates that consumers will spend as much as $720.89 billion in November and December 2018, which is a  4.8 percent increase over 2017. For some businesses, the holiday season represents 30 percent of their annual revenue, so to meet this customer demand, they’ll need to hire seasonal employees.

How to Turn Your Passion for Fashion into a Lucrative Business

November 16, 2018
What could be more satisfying than turning your favorite hobby into a career? If you’re interested in fashion, this could be more attainable than you once thought, especially with the digital overhaul of the fashion industry.

7 Ways Your Pawn Shop Can Utilize a Business Loan

October 16, 2018
Whether you’ve recently opened a pawn shop, or you’ve been in business for years, receiving a business loan can be beneficial. Using your loan, you can tap into resources to get your pawn shop off the ground or to cover day-to-day expenses to stay operational.

How to Improve Your Online Checkout Process

September 03, 2018
An astounding number of people – 76.9 percent to be exact – select items online and place them in their carts, then abandon them at checkout. If you’ve watched this happen on your business’s website in live mode, it probably broke your heart, and the statistics say you aren’t alone. The good news is there’s plenty you can do to fix your process and earn more sales.

How to Select an Inventory Management System

August 28, 2018
In recent years, an increased number of businesses have implemented inventory management systems to help increase efficiency in their operations. These systems have proven to be particularly valuable for restaurants, retailers, and businesses in other industries that carry significant inventory. Naturally, there are many different inventory management systems your business can choose from, so it’s crucial that to compare your options

4 Ways to Use a Loan for Your Liquor Store

July 27, 2018
Owning a lucrative liquor store can seem like an easy venture, but there are many components that go into making it a success. When running your store, you’re responsible for following liquor-related laws, restocking inventory, and providing helpful customer service, among other tasks. Having a business loan can be extremely beneficial, and can enable you to enhance various aspects of your business.

5 Customer Service Mistakes That Your Retail Business Could Be Making

July 03, 2018
With the importance placed on online reviews and social media, providing excellent customer service is more important than ever. According to research by Zendesk, 95 percent of people share bad customer service experiences with others, and also found that 88 percent of patrons have been influenced by a negative review while shopping. The bottom line: bad customer service could be detrimental to your retail business.

7 Reasons Why Product Reviews Matter for an eCommerce Site

July 02, 2018
If you aren’t giving your customers the ability to leave product reviews, you could be significantly hurting your conversions and sales – especially if you’re marketing to Millennials.

How to Use a Business Loan for Your Jewelry Store

June 29, 2018
Did you know that within the last year, the total worth of the jewelry industry was estimated to be $71.3 billion in the U.S. alone? The market is lucrative, and setting up a business in this niche can prove profitable. However, without the required working capital, expanding your business or getting it off the ground is impossible. This is why a business loan can be beneficial.

How to Sell Your Retail Products on Amazon

June 28, 2018
Selling items on Amazon is a great way for you to reach tens of thousands of potential new customers, enabling you to significantly boost your revenue and profits. Still, you’ll have many competitors on Amazon, so before starting to sell products on the website, it’s very important to learn how to succeed on the gigantic e-commerce platform.