Has Your Business Revenue Flatlined? There’s Still Hope.
You’ve seen those hospital dramas on TV, right? Sometimes, when they rush a patient into the ER, you, as the viewer, are given a first-person understanding of what the ‘victim’ is going through. Surrounded by doctors and nurses, the sight of the viewer is hazy and unclear, trapped in a state of semi-consciousness. The sights of hospital staff scurrying around, and sounds of beeps, boops and squawks, muffled and loud voices combined with the screech of sneakers on the linoleum floor burst out of your TV speakers, and put you in the moment. But above all, you can hear the distinct sound of the EKG heart monitor beeping slowly. Slowly. Slowly.
I don’t want you to feel like a victim in your own small business. While you don’t have to listen to a heart rate monitor every day, you might still be aware of your own personal version of internal “beeping.” If your business revenue is on life support, or worse yet, has flatlined, take a breath. Relax. There’s still hope.
How do you increase those revenues? Maybe all it takes is a change. Consider a move into a commercial metal building. It’s worked for several small business owners across the country.
In California, co-owners at a company called The Dinner Studio came to the realization that people just don’t have time to cook anymore. The owners were looking for a convenient and affordable way to feed families in the area. The owners’ goal was to plan to create a space where people could make a bulk of the household’s monthly meals in just a few hours. The Dinner Studio opened its first location in 2003, and just recently added a second building. Their expansion was funded in part by a SBA small business loan.
The Small Business Administration offers a SBA 504 loan aimed specifically at helping small businesses reach their potential. The SBA 504 loan program provides growing businesses with long-term, fixed-rate financing for major fixed assets, like land, and you guessed it, buildings. Talk to your financial advisor for more information on an SBA 504 loan and how you can get one for your small business.
When you hear stories of success, do you feel like you are capable of the same triumph? Like The Dinner Studio, many other small businesses in need of financing and capital are taking advantage of loan programs. This is an option to assist your company’s transition into a commercial metal building.
In fact, three businesses in Hendersonville, North Carolina – Tito’s Specialty Food, Health Fit Foods, and ASG Strategies – joined forces to offer distribution services and business consulting to restaurant related entrepreneurs. In the Henderson Times-News, Tito Micucci of Tito’s Specialty Foods was quoted as saying, “You can’t be everywhere at once. I was going to shut my business down.” But after the merge, all three businesses appear to be improving. According to the local newspaper, in November, they were all looking for the right location in Henderson County to open a commercial kitchen. A commercial metal building would be the perfect solution.
Both are examples of businesses grabbing a set of paddles and defibrillating their small business with the jolt of expansion. Growth into a commercial metal building is just the first step. It can open you up to a whole new world of customers and could mean more exposure to your particular brand. Sooner than you think, you’ll be able to take your small business to the next level.
Never give up on your small business. There’s still hope. If you’re interested in growing your small business, consider upgrading to a commercial metal building today!Photo courtesy: PublicDomainPictures