If news that restaurant sales are up isn’t an indication that we have moved past recessionary times of families and single individuals severely limiting how they spent their disposable income, then honestly, we don’t know what is.
“Restaurant industry sales continued to grow at a steady pace in September, according to preliminary data from the U.S. Census Bureau. Eating and drinking place sales totaled $52.7 billion on a seasonally-adjusted basis in September, which represented a strong 0.7 percent increase over a sales total of $52.3 billion in August.”
Of course, there’s still caution as the full press release from the National Restaurant Association points out, but our point is that we are seeing a positive turn in the right direction.
What do we mean by that? Well, looking on the bright side…
People are dining more at their favorite fast food joint, quick service restaurant like Chipotle, casual dining place like Applebee’s, favorite fancy restaurant or your small business.
Increased consumer spending is particularly good for the small business owners of the world, because it means that consumers are willing to step out of their comfort zones to try your food spot.
Breathe easy, but don’t let this opportunity lapse. Invest in a professionally developed promotional strategy, inclusive of word-of-mouth marketing, digital advertising and more, from a marketing expert. Don’t have the money you say? We do, and we can fund your restaurant fast.
As champions of small business, BFS Capital believes in you. We’re here to empower your business with the capital you need to grow. We offer Flexible Financing Solutions in the forms of Small Business Loans and Merchant Cash Advances.