Thirty-two percent of all first jobs in the U.S. are in retail, the trade group says, and stores overall have more job openings now than they did a few years ago. Rising wages have increased competition for workers as people take better-paying jobs. The average hourly pay for cashiers and low-level retail sales staff is $9.26, according to a recent Hay Group study a level labor groups say still isn't enough to live on. The retail industry says store jobs can be a starting point toward bigger things. In stores, entry-level work isn't just about folding clothes and ringing up sales. Beyond making change, the Rise Up program includes how to balance a cash drawer and checking for counterfeit currency. Employees also need to understand how stores and online sites work together, use up-to-date handhelds to check inventory, and solve customer-service issues. "It's crisp, clear lessons," said James Rhee, CEO of clothing chain Ashley Stewart, which is among the retailers including HSN Inc.
As a result, many borrowers turn to other options, like an on-line small business loan, which offers many of the same conveniences and potentially at a lower premium than many macs. It works like this: Capital for Merchants will pay for your business's future sales up front. “I have been able to outlast similar businesses in the area, including large chains. I value my time and Capital for Merchants understands this fact.” Is a merchant cash advance the same as a business loan? “If the company goes out of business, I’m out of luck since it’s non recourse,” Golding says.
With access to up to $500,000, repayment periods stretching to three years and repayments made daily or weekly, loans from OnDeck are best used for expansion, such as equipment purchases, real estate renovation or hiring new employees. There can be many benefits in finding the right Merchant Cash Advance provider. Watch our customers tell their stories. Also, because MA providers like typically give more weight to the underlying performance of a business than the owner’s personal credit scores, merchant cash advances offer an alternative to businesses who may not qualify for a conventional loan. In certain states small business loans are provided by Main Street Business Loans LLB. a Licensed California Finance Lender License Number 6054509. Why do business owners choose Capify? You have been very pleasant to work with.