Adam Aberback, Author at Evolocity Financial Group

Author Archive

We’re Back! – The 2018 Women Founders Fund

We’re Back! – The 2018 Women Founders Fund

A few years back, we started noticing a very concerning trend in the lending space, women were experiencing significant hurdles when trying to secure financing. The gap between male and female led business was too large for Evolocity Financial Group to ignore, something had to be done. In 2016, we launched the Women Founders Fund…

When to Apply for Business Financing

When to Apply for Business Financing

You’ve done the research, you found out if you qualify, and you’re ready to apply for business financing – but is now the right time? This is a question we hear from our merchants on a daily basis and as a business owner, you’ve likely already asked yourself the same thing. What Factors Should I…

How Much Working Capital Does Your Small Business Need to Survive?

How Much Working Capital Does Your Small Business Need to Survive?

Every business, no matter the size, needs to have working capital on hand or at least easily accessible.  You’ll need to use it for inventory purchases, salaries, emergencies and everything in between. As it’s such an integral component of any business, it’s important to understand it and how it applies to yours. What does working…

The Importance of Knowing Customer Acquisition Costs For Small Businesses

The Importance of Knowing Customer Acquisition Costs For Small Businesses

As the owner of a growing business, there’s no question you put a ton of effort into growing your customer base. It’s hard to be as effective as possible doing so without arming yourself with the right statistics. Before launching your next marketing campaign, it’s important to crunch your customer acquisition cost and customer lifetime…

Does My Business Qualify for Financing?

Does My Business Qualify for Financing?

Women receive less than 16% of all venture capital funding, yet companies with women in leadership roles outperform their male counterparts by 15%. As unbalanced as this may be, getting financing today is easier than ever for women entrepreneurs thanks to the many options available. However, the sheer number of choices can be overwhelming if…

Short Term Small Business Goals to Set Right Now

Short Term Small Business Goals to Set Right Now

Would you believe that more than 80% of SMB owners don’t set measurable goals? Running a business without goals is like running a race with no finish line – it’s easy to stray off course and hard to know when you’ve achieved something. Goals give us something to work towards, but they need to be…

Are You Managing Your Cash Flow Effectively?

Are You Managing Your Cash Flow Effectively?

Learn How Small Businesses Successfully Manage Their Cash Flow 82% of businesses fail because of cash flow issues – that’s a lot. Managing cash flow, as challenging as it may be, is one of the most important things for business owners to stay on top of. 7 ways to take charge of your cash flow…

6 Questions to Ask When Customers Stop Coming Back

6 Questions to Ask When Customers Stop Coming Back

The importance of repeat customers Did you know that a 5% increase in customer retention can increase profitability by 75%? With knowledge like this, customer retention isn’t something small businesses can ignore. If you notice customers aren’t coming back, it’s time to make your relationship with them priority #1. By asking yourself these 6 questions…

How To Leverage Short-Term Financing

How To Leverage Short-Term Financing

Small businesses all have one thing in common, they all experience periods of unpredictability. What a large corporation sees as a speed bump, a small business sees as a sinkhole. Because it is difficult for small businesses to keep large amounts of cash on hand; short-term financing options give them the ability to get the…