Managing Seasonality & Financing Considerations for Small Businesses
Managing Seasonality and Financing Considerations for Small Businesses One of the biggest challenges for small businesses is managing expenses and cash during seasonal business cycles. At ECG, we often finance companies that generate significant portions of their revenue during the spring or summer months. Landscapers, ice cream shops, restaurants and food service trucks often experience […]
9 Best Ways to Market Your Small Business
Marketing is centered around building your brand, maintaining your existing customer base, and creating a new sales pipeline. There are many different approaches to successful marketing programs, but here are a few things that Expansion Capital Group focuses on that translates to other small businesses. These are only a few methods available, but effective marketing […]
How small businesses can manage through inflationary pressures
During 2022, small business owners dealt with something extraordinary not experienced in years. Inflationary pressures impacted small businesses, resulting in increased cost of goods and services, reduced consumer purchasing power, wage pressures to keep top talent, and overall pressured profit margins. The challenge for business owners is recognizing the impact of inflation and reacting accordingly […]
Working with a Broker for a Small Business Loan? What you need to know.
If you are a small business owner seeking funding, you may feel overwhelmed with the number of online sites. Brokers or Independent Sales Organizations (ISOs) have formed an important part of the small business financing landscape. A representative from one of these organizations often plays the role of processor, educator, negotiator, and advisor. Although some […]