Saturday, September 12, 2015

Bakery bank statement loans. Great for business expansion.

Bakeries are considered one of the oldest types of businesses that are still changing how they operate.  Today you see many bakeries that are being modernized. 
As a bakery owner you have the opportunity to serve your local community and help people obtain wonderful sweet treats to eat. 
Today's bakeries are very different than they were 10 or 20 years ago.  Many bakeries now have to try to combine services and expand to increase cash flow. 
Many bakeries target middle class homeowners who have the money to afford desserts and buy cakes for weddings, anniversaries, bakeries and more.  
Bakeries today have more competition from grocery stores than they did years ago. 
Grocery stores now provide just about every item that can be found in a bakery and with the same quality. 
Successful bakeries now need to have at least 2 full time bakers and 4-6 part time baristas that can handle customer service and the daily operations. 
Many bakery owners increase their cash flow by adding cafe space and sit down areas along with wi-fi for customers to work and drink coffee and espresso that is provided for sale. 
In order to keep fresh items through the day the bakers bake throughout the day. This way by baking goods in batches the product that may consumed fresh and food won't be wasted.  Wasting food can be expensive and a drain on inventory and resources. 
If your bakery is considering increasing or expanding and does not have sufficient cash flow you may want to consider a bank statement loan.  
Small Business Loans Depot specializes in bank statement loans and alternative funding source programs gives your bakery additional cash flow. 
If you qualify, you may receive from $10,000 to $200,000 in funding that may be used for any purpose.  You may want to expand and build a cafe in your bakery or purchase inventory or a new oven.
As long as your business has been established at least 4 months with 3 months over verifiable revenue you may qualify. 
For details contact Ed Rogers at Small Business Loans Depot 919-771-4177.

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