Preparing for the Holiday Season

Posted By Kalamata Capital LLC || 27-Oct-2018

With the holiday season fast approaching, merchants across the country are gearing up for their busiest time of the year. Storefronts, both traditional brick-and-mortar as well as e-commerce, frequently see 30% of their annual revenues earned during the months of November and December. With the National Retail Federation anticipating sales growth as high as 4.8% Year-over-Year from 2017 (excluding vehicles, restaurants, and gas stations)[1], business owners have a tremendous opportunity to capitalize on a robust consumer spending environment.

While sales projections are at all-time highs, retailers must have a strategy to serve this demand to avoid missing out on potential sales. Hiring seasonal workers, improving or decorating the storefront, and acquiring excess inventory frequently add to expenses during the holiday rush. This year, finding part-time help has already proven difficult, with the Department of Labor reporting the number of retail job openings outpacing the number of hires for the first time in a decade[2]. The oversupply of these retail openings and the large increase in seasonal retail spending has the possibility to create a perfect storm for under-capitalized small business owners that may find themselves unable to meet demand in the most important sales period of the year.

Although navigating these challenges can be difficult for retail proprietors, finding a partner to supply capital during the most important sales period of the year does not have to be. Kalamata Capital Group is fully committed to providing actionable, easy-to-understand financing options for all small businesses.

Contact Amy Erlich with any questions on how to secure financing for your business.

Amy.erlich@kalamatacapitalgroup.com

305-213-7597

Or

Jennie.Villano@kalamatacapitalgroup.com

631-241-2248

[1] https://nrf.com/resources/consumer-research-and-data/holiday-spending/holiday-headquarters

[2] https://www.wsj.com/articles/out-of-stock-this-holiday-season-store-workers-1537176600

Categories: Small Business, Tips, Funding