We know how hard you work. We want to support your passion and help you bring the very best to your customer’s table. But we know its not always easy: Standalone butcheries don’t only compete with each other, but also with larger supermarket chains that promote convenience over the personalized customer service you provide. So, what does your butchery need to do to become the destination of choice? Trends suggest that there is an increase in consumers looking for local produce and personal service, and this is where standalone butcheries can gain market share. ‘Cash is king’ when it comes to implementing activities that offer considered services to attract these customers. Further to this, like any industry that deals with perishable products, the challenge is to balance purchasing with potential wastage. Our short term lending solution was designed with these types of challenges in mind, so speak to our team about creating a bespoke cash flow solution to see you through all these crucial purchasing and operational decisions.
Opportunities to grow your business, with a Merchant Capital Cash Advance
Stock purchasing: Purchasing weekly stock on a regular basis takes pressure off your cash flow, however, bigger seasonal purchases (such as gammons and turkeys at Christmas time) provide an opportunity for increased turnover. This however, requires capital outlay. A further challenge is that an industry like yours requires on reliable equipment and efficient maintenance, an inevitable cost incurred by a butchery owner.
Stocking up at opportune times in order to take advantage of peak periods like month-end, the festive season and when suppliers choose to run specials, can save you money in the long run.