Entrust Cash Advance Blog

Four Tips To Improve Your Small Business’ Website and Increase Sales

Many business owners are quick to diminish or even ignore how powerful a website can be. This is problematic, because by maintaining a compelling, well put-together website, your business could see an increase in its customer base, and of course, higher profits from month to month. small business website When set up correctly, a good small business website can effectively serve as a separate location for the business; even though it’s not a physical location, it can still have the effect of drawing in and winning over new clients, giving them a medium through which to ask you questions about your product, and allow you to host an online marketplace to help sell more of your product.

With all of this being said, a website that is poorly put together is, in most cases, just as bad as not having a website at all. Some business owners believe that running a good website for the business is essentially useless, or that “no one is going to look at it.” This false generalization overlooks the fact that more and more customers from all demographics are using the internet to locate the products and services they desire and need. If your business’ website is “invisible” to the common public who is searching for what you sell, or if the content or presentation on your website is lacking, you are losing out on this large potential customer base who is looking to spend money on what you have to offer.

Here are four tips you can implement to ensure that your small business’ website is up to par and ready to generate revenue:

1. Start with Keyword Research

Unlike writing an essay, where your focus should be on diversifying your language and avoiding repetition, the content on a website should focus on a targeted group of keywords that best describe the product you sell. There are many online tools available to conduct keyword research that will help you estimate how popular a given keyword is locally and nationally, and come up with similar keyword you may want to target. You should incorporate these keywords in a deliberate fashion into the body of your website, but don’t go overboard. Search engines need to be able to categorize your website based on the keywords you provide, but there is a such thing as too much. A good rule of thumb is to keep the content of your site as easy to read and engaging as possible for humans, not for search engines.

2. Don’t “yell” at people to buy your product. Let them come to their own conclusions

Most internet users in 2012 are savvy enough to realize that any website domain ending in “.com” is probably trying to sell them something. They are also good enough at navigating the internet to quickly close any pop-up ads, press “mute” on ads that make noise, and to naturally close pages that are laden with flashy, animated advertisements that take away from the actual content of the website. Furthermore, trying to “trick” customers by incorporating inconspicuous advertisements into your website that trick them into clicking but then take them away from the actual content they were viewing is a good way of basically encouraging those users not to return to your site. The smartest strategy is to focus on writing fantastic content that convinces the user they need your product. If you don’t already have a content writer at your business, have one of your best sales people help you come up with written content. You should be as detailed, honest, and descriptive as possible.

3. Emphasize your credibility

Many potential customers who land on your site for the first time are going to be skeptical about your credibility. There are millions of websites online that are trying to sell them something – and many of these sites are scams. This is why it is crucial to emphasize your business’ credibility throughout your website. Either through real testimonials whose providers offer their real names and locations; through badges that show the organizations with which your business is affiliated; or through any other types of awards you have won that make your business appear more trustworthy. Customers will be much more likely to give you money (especially through an online payment) if they trust that many other clients have done so and have been satisfied with the results.

4. Focus on the most visible websites that point to your website

If a client is looking for information about your business or your product, your website is most likely not the only place they are going to look. Search engines work to provide your customers with a variety of resources with which to receive a glimpse of what your business does from various perspectives and not only your own. This is why it is extremely important to “Google” or perform any search on your business so you can see what the client sees. Even if your business’ website is spectacular and highly profitable, you could be plagued by a poor review that is blatantly obvious to potential customers on your search results page. Websites such as Google Places, Yelp, Menupages, the Better Business Bureau, and other rating sites have sat comfortably on the first or second page of Google search results for most business or restaurant searches for years now. If your business has an outstanding complaint on one of these websites that has not been addressed for a while, there may be a large set of customers who are reluctant to buy from you until these reviews improve.

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Five Mistakes Even the Most Successful Small Businesses Make

Small businesses who have achieved success in recent years are by no means immune to making mistakes. Every business has certain downfalls that prevent the business from achieving its highest potential, even if these downfalls manifest themselves in diverse ways.

1. Insufficient Research

One simple mistake many businesses make is always relying on products and services that the business owner already knows about as the products and services the business to be used by the business. This could range from the bank the business relies on for financing to the internet provider or even hosting company that the business uses to host a website. Just because certain services are the best marketed, most visible, and seemingly most popular does not mean that they will be the best or cheapest option for your business. small business owner of a bar and grillEven if the biggest banks are the most well suited to the business owner on a personal financial basis, these same banks might be notoriously unreliable when it comes to small business lending. This is why it is imperative to make comparisons before purchasing any service or item for the business – even if it feels safer or easier to simply purchase the product you already know about, this could cost you a lot more than your business can afford to spend.

2. Not Reaching New Customers

Small business owners are entrepreneurial people – they enjoy making new friends and cultivating relationships with dozens of other individuals who work in various industries. In fact, some small business owners are so social that they are able to start a business and generate revenue exclusively off people they already know. This can prove to be a major problem for the business for a number of reasons. Firstly, if your friends and connections are the only people buying your product, you will have no way of receiving an objective review of whatever it is that you are selling. In other words, it is likely the case that your friends will give you a biased review since they like you, whereas new customers have nothing to lose by telling you the truth. Furthermore, relying on people you know to buy your product can only last so long. If and when your existing friends and clients become saturated or satisfied with your product, you will lose the majority of your customer base. It is crucial to leverage your existing connections by creating incentives for them to spread the word about your business – and it is even more important to start doing this the day your business opens.

3. Not Knowing When to Take Out Additional Financing

Many misinformed business owners believe that taking out bank loans or unsecured business funding is not ideal because it will take a devastating toll on the business when it’s time to repay the money that was loaned. However, what these business owners don’t realize is that, even if they aren’t in a position where they owe money to a financial lender, they might not be generating the amount of revenue that they could potentially reach if they had a larger financial pool to work with. It is not always the case that applying for small business funding is a last resort to the business. Many businesses would not have achieved their level of growth and prosperity without the initial loan or cash advance they used to fund the business.

4. Always Choosing the Cheapest Option

There are many cases when it is not wise to skimp on business finance. For instance, if you choose to purchase used machines, cars, or electronic devices for your business, you might simply be setting yourself up to spend more money and waste time fixing these broken items further down the road. Furthermore, you want to demonstrate to your customers that you use the latest products and technologies – it will reflect better on your business and show that you put effort into keeping up with the trends.

5. Not Seeking Outside Help

Even if you have to pay for it, one of the smartest things you can do for your business is to talk to someone (preferably a small business professional) about the details of your business to see how you could be generating more revenue and better marketing your product. Too many business owners rely on their own networks for this advice and are unable to see the larger picture about areas where their business could be improved. Consider contacting a representative at your local SCORE location or seeking out other professional services offered within your community. It may shed light upon details of your business that you never before considered.

Has your business made any of these mistakes? Or, on the contrary, have any of these factors helped your business? Share your stories with us.

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Merchant Cash Advance Funding for High Risk Businesses

Merchant Cash Advance Lenders have made a name for themselves within the small business industry for being one of the most flexible finance providers that are the most willing to accept a less than perfect financial record for the businesses they fund. With that being said, there are many types of small businesses that have been classified as “too high risk” for business cash advance funding because their industries are too unstable, they have a high risk of default, or because the consumers they target have drastically cut back on buying their product due to the bad economy. Online/e-commerce businesses often fall into this category, as do businesses that sell luxury products. Fortunately, there is an option for these types of high risk businesses, who not only have trouble qualifying for Bank Loans, but have also struggled to obtain merchant cash advance funding.

Here at Entrust, we pride ourselves on our ability to work on a case-by-case basis with many different business types, to be able to provide creative funding solutions for businesses who need additional working capital – even if they have been rejected by other Merchant Cash Advance Companies.

Here are some of the High-Risk business types that we work with on a daily basis to meet their financing needs:

  • Beauty & Nutritional Businesses (and in some cases, online businesses providing these products)
  • Construction Businesses
  • Electronics Businesses
  • Fitness Centers, Health Clubs, and Personal Trainers
  • Furniture Stores
  • Gas Stations
  • Glass Tinting Businesses
  • Grocery Stores
  • Lawn Service Stores
  • Rims and Wheels Shops
  • Schools, Learning, and Tutoring Centers
  • Travel and Tour Agencies
  • Other online / e-commerce businesses

For these businesses, being denied cash advance business funding can feel like adding insult to injury, as many of these businesses are immediately denied other forms of traditional business funding because of the industry in which they operate. Entrust Cash Advance understands that these businesses will never be able to succeed if they are repeatedly denied the very funding they need to pull themsleves out of the tough spot that many were left in after the 2008 economic crash. For this reason, we work with High Risk merchants on a case by case basis to come up with a funding agreement that both of us can agree on.

Learn more about our merchant cash advance funding program or see how much your business qualifies for today.

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