You are in the business of making people look and feel their best. We are in the business of helping you achieve that. We understand that as a beauty and salon owner there are many challenges involved in keeping your staff motivated and your customers happy. Staying top of mind is a year-round priority and you need to consistently take advantage of opportunities to increase turnover.
Our merchant cash advance is a fast and flexible way to achieve just that. A fixed or flexible lending solution through Merchant Capital, offers quick and smart financing to secure the hair and beauty funds your business requires to succeed. Unlike traditional lenders, we do not require a lot of documentation to approve a small business loan. The application process is quick and easy and can be completed online, with approval within 48 hours.
Opportunities to grow your business, with a Merchant Capital Cash Advance
Increase merchandise: A number of suppliers will offer retailers a discount for cash purchases, particularly when buying in bulk. Salons can balance the cost of funding against the discount given, and potentially increase turnover in a meaningful way.
Add-on services: Distinguishing your salon from its competitors can give you the competitive edge: Draw in more customers with inventive add-ons, for example hair salons might offer mani’s and pedi’s or beauty salons could open a dry bar or offer complimentary aesthetic treatments. These additional services provide customers with the opportunity to spend more time in your establishment and come to rely on your brand even more.
Hiring extra staff during busy times: Being short on staff, especially during peak periods is not an option for salons that want to keep their customers happy. Having extra staff on hand to distribute the load will ensure a satisfying service that entices your customers to recommend your store and become your biggest marketing tool.
Easter and December holidays can be a good opportunity for increased turnover. During these periods, salons can take advantage of seasonal commodities like offering tanning products in the summer and skin rejuvenation packages in winter.
Holiday-themed vouchers, like Valentines Day, provide the welcomed opportunity to introduce special packages that will both incentivize customers and boost turnover.