School sports are one of the most popular activities for
kids, and parents like to do their part to facilitate their child’s
interest. No matter the sport, parents are
often required to purchase equipment, which can be expensive. Dave Palisi (owner of Capital Sporting Goods
in Concord, New Hampshire) was mindful of this and devised a strategy to sell used
sports equipment to alleviate the financial burden for parents. Capital Sporting Goods sells new items as well, but its
used inventory is popular among customers and accounts for a significant portion
of business, assisting in the shops continued growth.
The sporting goods industry is on an arc for annual revenue
exceeding $100 million as projected by industry analyst. This number
potentially will increase given the amount of stores
entering this arena. Yet, one of the
hurdles new sporting goods stores face is a lack of extra capital to grow. As a
small business owner, establishing your company is important given the amount
of competition out there. Whether it’s money for renovations or a bigger space,
finding a lender to supply you with the cash you need fast is simple by choosing
Silver Rock Funding. Silver Rock Funding has a network of the industry’s top lenders
to discuss your sporting goods shop needs.
Silver Rock Funding has a brief application that takes a couple of
minutes and once it’s approved within 72 hours, you’re eligible to receive a merchant cash advance of up to $500,000 within giving your store the head start
necessary for expansion.
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