5 Tips to Get Your Business Ready for Summer

Hi there,

Happy June! This month officially marks the half-way point of 2023. Depending on your business, the summer might be a slow season or your busiest. Either way, here are a few tips to follow to make sure their business is prepped and ready for summer.

  1. Assess Vacation Needs - Make sure to have a clear understanding of all employee's vacation and holiday plans. If you know people will be away for certain periods of time you can make sure that the proper coverage is taken care of and your business remains in good hands.

  2. Offer Seasonal Incentives - Take advantage of the summertime and offer incentives like discounts for customers coming in during certain months or specific days of the week. This can help generate more business and make your customers feel appreciated.

  3. Assess Staffing Needs - Depending on the type of business, the summertime may bring with it a rush of customers. If your business is expecting more customers during this season, make sure you have the right staffing in place in order to handle the increase in business.

  4. Review 6 Month Plan - Whether your business is seasonal or year-round, it’s always a good idea to review the 6 month plan and see if anything needs to be adjusted or updated in order to take advantage of the warm weather.

  5. Review Cash Flow Forecast - One of the most important things a business owner can do is to review the cash flow forecast for the foreseeable future. Making sure you know ahead of time what your budget is for the summer season will help you plan and manage your business accordingly.
By implementing these five tips, your business will be ready to take on the summer season with confidence. Make sure you are well prepared and up to date on all of the necessary details so your business will be successful throughout the summer months.

Best of luck,

Daniel Eke

Factor Funding Co.

Did You Know?

36% of American workers dress casually in the summer, but only 27% dress casually the rest of the year. Source.

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Factor Funding is a nationwide small- and medium-sized business factoring company and a leader in helping young and growing businesses—including startups, minority-owned, and women-owned companies—meet cash flow needs and provide for future growth. For over 25 years, our factoring company has been providing fast and reliable cash flow solutions to a variety of industries through creative funding techniques.

Factor Funding is committed to helping growing companies discover and take advantage of hidden and untapped capital potential—thus empowering you to implement plans and strategies to grow to your fullest potential.