Beauty Store Business

SEP 2013

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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Page 61 of 87

by J. Tol Broome Jr. 60 September 2013 | WORKING CAPITAL IS THE LIFEBLOOD FOR MOST small businesses, but it can be elusive. Business owners usually struggle to provide enough equity from their own funds, trade creditors have limits on terms and banks are often reluctant to provide open-ended lines of credit based solely on the strength of the business and its assets. Yet, working capital is absolutely critical to funding growth, as well as seasonal needs to ramp up assets that often arise during certain times of the year for a typical beauty store. Need a line of credit? Try the U.S. Small Business Association's CAPLine.

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