Try a New Type of Advertising with a Business Cash Advance

How do you normally advertise your business? Are you old fashioned, sticking to business cards and signs? Do you rely on word of mouth to get customers into your business? Well according to Smart Answers columnist, Karen E. Klein’s article for Business Week, now might be the perfect time to branch out and expand your advertising.

Klein quotes Better Business Bureau representative Steve Cox, who says, "Prime-time TV slots are going for 25% less than they sold for just last year." Klein also quotes J. T. Hroncich, managing director and principal of a full-service advertising agency in Washington, who says; in addition to being lower, advertising rates are now more negotiable.

For some business owners, this does not come as good news at all, because as prices for TV, radio and internet ad spots have gone down due to the economy, so have their businesses’ sales.

According to the Commerce Department, retail sales fell 1.1 percent in March. "It was the biggest decline in three months and a much weaker showing than the 0.3 percent increase that analysts expected," writes Martin Crutsinger of the Associated Press. And according to United Press International, "The monthly sales figures came in 9.4 percent below March 2008. For the year-to-date, sales are off 8.8 percent from the same period a year ago."

The business cash advance is a feasible solution for small business owners faced with this dilemma, because business cash advance lenders can advance small business owners up to $500,000 for their businesses. And small business owners who process at least $5,000 in monthly credit card sales, have at least one year remaining on their business leases and have owned their businesses for at least six months could qualify for a business cash advance and receive their funds in 7 to 10 business days.

Klein’s article also informs readers that in addition to the decreased ad prices, viewership is up, making these ad spots even more appealing to small business owners.

"The [Nielsen] report, issued Monday and covering the last three months of 2008, shows that the average American television viewer is watching more than 151 hours of television per month, writes CNN’s Taylor Gandossy. According to Neilsen, this is an "all-time high."

Now is the time to take advantage of the business cash advance and increase advertising for your small business, especially since most lenders don’t place any restrictions on how borrowers can use their funds. With the combination of a business cash advance and more accessible TV, radio and internet ad space, the possibilities for your small businesses are endless.

Business Cash Advance
Use a business cash advance and get up to $500,000 for yoru business.