subject: Stress Due To Money Cured By Working Capital Loans [print this page] All business owners have felt the stress and the heaviness of money woes. It's a stress that never really goes away. So it goes with capitalism. Those who have none want some. Those who have some want more. Those who have more want to keep it. This can create tense and stressful situations for those starting out in business or those who are struggling in the current economy.
An interesting psychological study done on entrepreneurs showed that their money stresses were cyclical. These stressful times usually peak in the mid spring/early summer and are at their lightest in October and November. With the stressful times comes the clouded judgement. At a time when money is the biggest worry, business owners and entrepreneurs are more likely to make mistakes in personnel, stock, and accounting decisions. This can compound the stress of these times. How would it feel to know that you hired the wrong person for the job at exactly the wrong time?
With this information in mind, it is the absolute perfect time to think about a merchant capital loan. These short term loans can ease the stress of those periods marked as the most panic stricken and help the business owner work more effectively. By clearing the heads of these enterprising young owners of any stress to do with money, a business cash advance can lead the way to better decision making and therefore a better run business.
This study also provides good information on when to get a loan of this type. Because of the cyclical nature of retail and business in general, it is easier to calculate when you might be able to pay off the loan. The nature of the loan, taking out percentages of the credit card sales of the day, makes it easier and faster to repay in the times where business is doing better. This makes it a smart business choice to apply and acquire a business cash advance at the beginning of the summer and have it repaid at the end of the fall!
Likewise, looking at your overall yearly sales, you can get some extra capital at those moments when you are getting more business to update your business, storefront, or staff.
A stress free life is never guaranteed but you can ease the burden by a timely loan that you can pay back easily. This makes it easy to grow and strengthen your business at the opportune moment.