Are you looking to get same day working capital for your hotdog business? Does your hotdog business need an overhaul or you want to expand? The hotdog and sausage business is a $16 Billion a year industry, with over 3,000 hotdog licenses in NYC alone. Here are the best hot dog business cash advance online for your business.
What is a Hotdog Business Cash Advance?
A hotdog business cash advance is a fast and convenient way to get funds to use for your business right away without relying on big banks. A business cash advance is a type of merchant cash advance that gives you a lump sum of cash based on your future earnings.
Business cash advances and Merchant cash advances are great if you have poor credit, no collateral, and don’t want to wait weeks or months going through a big bank. Business cash advances don’t necessarily care about your credit score, what they care about is your cash flow.
If you have been in business for at least 6 months, have a credit score of 450, and earn $5,000 a month in revenue then you have really good chances of getting approved for a same day business cash advance.
Why choose a Hotdog Business Cash Advance
Big banks have stopped lending to small businesses. If they do lend, it is for larger businesses that have impeccable credit. The recent global health crisis killed over 200,000 small businesses in the Unites States alone and big banks have turned their back.
Business cash advances are trending in popularity because they are for every business that meets simple requirements. These are short term advances (less than a year) that are paid back daily or weekly through your business checking ACH.
A hotdog business cash advance can be used for anything you want. You can borrow up to 75% of what you earn monthly. So, if you make $10,000 a month, you can borrow up to $7500 for example. $7500 can buy two hotdog stands.
Using your Business Advance to grow your Hotdog Business
There are many ways to make a hotdog business successful. However, I will spotlight the most effective ways to use your funds to grow your hotdog business.
One) Become a USA Landmark: The most popular restaurants and stands we visit have a unique selling point. What is unique about your hot dog stand? I grew up near a hot dog stand in Washington State called Dogs a Foot.
He had mannequins in the food court and said “bon appetit” after personally walking out to your table with the dogs. It is those small things that stay in our memory and we want to revisit those places.
Another restaurant we ate at had dozens of crazy vintage hats hanging from the walls that patrons could wear while they ate. This was back before everyone became a germaphobe, but you get the point. What can you do to make your hotdog business stand out?
Two) Franchise: After you create some memorable gimmicks, it is time to franchise and buy more stores or stands. Business owners who franchise make exponentially more money than owners who stick with one location. Study other franchises and see what they did to get a competitive edge and dominate the marketplace.
Three) Reviews: These days people usually look at reviews online before eating somewhere. I know I do. Maybe, you can start giving two dogs for the price of one if your customers will leave a review on Yelp or Google reviews. You can also hire a social media marketing strategist with a portion of your business advance to market your dog stand on Instagram, TikTok and Youtube. Youtube is free and billions of hours of video are watched on there every month.
Applying for the Same Day Business Cash Advance
Getting a same day hot dog business cash advance is easier than you think and can save your business. To apply, all you need to do is fill out the 5 minute application and view your offer. Again, you need to be making at least $5,000 a month, be in business 6 months, and have an EIN and business checking account. Click the Link:
You will get a dedicated account manager and can draw funds again when you pay down your balance. I wish you the best success and good luck to you!
Learn More About Our Business Cash Advance.