Imagine yourself in line at your favorite grocery store. When you look around, you see a variety of products being offered to you: gum, candy, magazines, etc. These low-price items are always placed near the cashier because the grocery store knows you will have free time to consider buying them while waiting. The longer you wait and the cheaper the product, the higher chance there is of you deciding to add it to the rest of your groceries. This is a retail strategy known as Point-of-Purchase (POP) displays, and is an effective way to display sunglasses.There are many different ways to display sunglasses, but POP promotion requires different models than you would usually imagine. One of the most common methods is counter top eyewear holders. These models allow a customer to view products more quickly than most because of their size and location. Placing them on the counter top near the register puts them in the direct eye-line of those waiting, which makes sure that the customer is aware of them and will at least consider the products being offered. If you want to effectively display sunglasses in a POP case, simplicity and ease of use will help your chances of making an additional sale.Display sunglasses in a case, rack or holder that allows a customer to quickly view all of their options. Time is of the essence, so you may choose a model that holds all of the sunglasses on one side, directly facing the customer. These displays are even more effective when given a unique design, including the shape, material, and colors. Another option would be to offer a selection of merchandise on a rotating display, allowing someone to browse through even more sunglasses in a short time frame. However, it is important to not over-stock these cases since the customer could become overwhelmed by the selection. Also, a mirror should always be placed on the case or near it when you display sunglasses. This lets them see how they look without searching for another mirror.An effective way to display sunglasses in your store is the use Point-of-Purchase (POP) models, which allow you to promote your eyewear to customers quickly and effectively. Anyone who approaches the POP will be aware and curious of the selection you have conveniently provided for them. Choosing the right style of display for your business can make a POP display really stand out, so make sure you check out all of your options.
Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding
Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.
Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.
Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.
Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )
How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:
Debt / Loans
Asset Based Financing
Alternative Hybrid type solutions
Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas
If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).
Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.
The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.
Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.
We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.
Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.
If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.
Shopping For Boys Clothing
If purchasing boys clothing there are some things to keep in mind. It should be tough and durable but also be made so that the child in question will be willing to wear it. Avoid anything too fancy or with bright colors that might not go over well.Jeans are always fashionable and are great for boys so buying lots of them is usually a good idea. Basic colors like blue and black are good and always in season unlike fashion colors that may go out of style. Try and keep some khaki’s on hand for special events like dinners or parties.Footwear can usually be summed up in two words:Tennis shoes. Reebok and Nike are both good brands and should go with almost any casual outfits. For hot summer days a pair of sandals or flip flops can work wonders. Do not forget boots, essential for playing in the snow or going sledding in the winter.When looking for tops for boys clothing try and find t-shirts, both in solid colors and with cartoons or funny sayings, sports teams, or cartoons that the boy enjoys. Sweatshirts are a good choice for the fall and winter months. For hooded ones Nike and Champion both have high quality models. When slightly more formal attire is required polo shirts or button down ones should do the trick.For Winter gear be sure to get a coat with a removable liner. You can add it on the really chilly days and take it out when the weather starts to warm up. A hat and gloves are crucial too to stay warm. When you go shopping writing everything down beforehand ensures you do not forget anything and may help with over purchasing.Usually boys clothing will be handed down to next youngest child or given away to some other family members. If you have other children that will be wearing the clothes as the current grows out of them, be sure to keep this in mind and help keep your future costs for clothes down.