It’s been a long winter for many parts of the country and business owners find themselves facing financial dilemmas they may not have planned on. Even those who are most proficient with business finance can not always prepare for unexpected cruelty by mother nature.
Businesses in the north may prepare for a certain amount of weather related closures or decline in sales, but when large storm after large storm after large storm pounds the area, it can be difficult to get back onto sure footing. Then, there are the businesses in the south who were surprised by snow and ice storms closing down their towns.
Case Study: Using Business Funding to Protect Against Winter Weather
We read an article in CNN Money which told the story of Cliff Bramble who owns three restaurants and a wine bar in Atlanta, GA.
Due to an ice storm that moved into his area on the Tuesday before Valentine’s Day, he expected to lose approximately $75,000.00 – $100,000.00 in revenue plus lost tips and wages for his staff.
“Being in an area not used to snow-related storms, they throw a big kink in our business,” he said.
How Winter Weather Can Harm Business Relationships
Even if your business is not located in the areas affected by the winter weather, it can still feel the negative impact. Vendors and suppliers may not be able to fill orders if their business is closed.
Cancelled flights can mean missed meetings and opportunities. School closures can mean businesses that do open may be short staffed as their employees must be home with their children.
Get Business Financing that Protects Against Winter Weather
Your business does not need to suffer when mother nature wreaks havoc on your carefully planned finances. National offers fast and easy business financing to get you past the winter weather hurdle.
The financing can be based upon future earnings which gives you the chance to “weather the storm” and repay the loan at a comfortable pace. Speak with one of our professional business consultants, at (877) 482-3008, to learn how National can help you today!
Or, complete a 1-minute application today to receive business funds in as little as 24 hours.