Poor Weather Leads to Loss in Revenue
Everyone has been talking about the unusual weather we have been experiencing. Lots of cold weather and rain with some high heat sprinkled here and there. For most, this weather has meant delayed pool openings, less beach time, indoor exercise instead of outdoor, but for business owners, this weather could mean a disruption in sales and loss of revenue.
Retail stores count on sunny, warm spring days to entice shoppers to purchase clothing in bright colors and cool materials. Sandals, shorts, t-shirts, bathing suits, sunglasses and more are bought in expectation of heading outdoors and enjoying the sun. The cold and dreary weather has curtailed these shopping excursions for many and retailers are reporting a decrease in sales. This will reduce the time the items are sold at full price while store owners try to get rid of inventory at sale prices.
Clothing retail stores are not the only ones affected. People flock into hair salons to get “summer” hairstyles and colors. Nail salons and spas see an increase in traffic in preparation for open-toed shoes and shorts. Ice cream parlors and Italian Ice stores bank on the seasons of warm and sunny weather to tide them over during the cold months.
Gardening centers, landscapers, sprinkler companies, house painters, seasonal restaurants and so many more also rely on the warm and sunny days to provide most of their yearly income. The poor weather we have experienced this season has caused many small business owners to find themselves short on funds and in need of revenue to sustain them during the rest of what should be their busiest season.
National Business Capital may be the solution! Our alternative financing solutions can often provide solutions where traditional banks can not. Call today to speak with one of our knowledgeable business consultants to learn what options we can provide.