Preparing for the Best; Business Growth in a Post-COVID World
In 2020, most business owners have spent a lot of time preparing for the worst. It's important to have a plan in place for when things go south – especially in these unprecedented times.
However, now that 2021 is quickly approaching and there are some new developments in COVID vaccines, it's equally important to begin preparing for the best.
Here are some important questions to ask yourself as we gear up for the new year:
Is your business ready to take on an increase in demand?
As consumers feel safer, they will be eager to resume their pre-COVID lifestyles and spending habits. How have you been preparing for this? Will your current product/service offerings suffice? Do you have enough supply for the demand?
Is your business ready to grow and expand to accommodate that increase in demand?
If your industry (and consequently, your company) rebounds and begins booming, do you have an expansion plan? The necessary staff, real estate, assets, etc.?
Do you have [attainable] growth goals mapped out?
Have you consulted an expert on what an attainable business growth goal would look like in a post-COVID world? Have you been maintaining relationships with your funding partners/sources? Are you currently in a financial position to invest in your growth?
It's a lot to think about. Investing money in your business growth is never cheap, and 2020 has likely already taken a toll on your finances. It's stressful to think of the new investments you'll have to make in the upcoming year when your business is still on the mend from the chaos of this year.
At Elevate Funding, our specialty is support funding for small businesses. We offer flexibility, a fast turn-around, and best-in-class customer service. We do not provide loans – we provide Merchant Cash Advances (MCAs). Again, an MCA is not a loan – it’s simply a way to get access to your future sales immediately.
The MCA application process is simple and quick, and we are able to fund companies in as little as 24 hours. There are no restrictions on how you use the funds, and we do not check credit (for our standard product), charge outrageous fees, or require collateral.
Transparency and honesty are at the core of what we do. When you select us as your funding provider, you are placing a safe bet on your financial future. We want to see our merchants succeed, and we will do everything in our power to work with you on your specific needs. We know small business, and we’re here to help.
If you need funding and wish to speak to someone now, please call us at 888-382-3945 or click here to send us an inquiry. One of our teammates will get back to you as soon as they are available.