Have you bought commercial equipment recently, and finding cash flow a challenge?
It is a common scenario in many business and even more prominent in hospitality businesses where the cost of setting up your business is extremely high.
No matter how great your business model is or how profitable you are, you can't survive in business if you can't manage your company's cash flow. Over the years I have seen restaurants and cafes owned by great chefs, where the food was simply amazing, yet their businesses did not survive.
A recent study has shown that as many as 82 percent of startups and small businesses fail due to poor cash-flow management.
So, even if you are a brilliant chef, if it is your business then you must stay squarely focused on managing your restaurants cash flow to avoid putting everything in danger.
Nothing is sadder then seeing a for lease sign in shop windows of your favourite cafe.
According to the Australian Bureau of Statistics, more than 60 percent of small businesses cease operating within the first three years of starting. It's an incredibly daunting figure and it's something that's thrown at many an enthusiastic business person who announces to the world that he/she is about to start a new venture.
Silver Chef can help
So, you have just openend your cafe and, like most cafe's the cost of setting up the business took more of your hard earned money than you budgeted for. The Bad news is you are not alone. Well don't worry, the good news is you are not alone.
Silver Chef have a buy back program that is ideally suited to help you and improve your financial situation.
Silver Chef is Australia's only dedicated hospitality equipment funding solution. Since 1986, they have helped more than 32,000 customers realise their business dreams.
Silver Chef is happy to provide a simple cash injection into your business through our flexible buy back program by refinancing your recent purchase of hospitality equipment. Take advantage of our 96% approval rate and convert those depreciating assets into cash today!
What they Need from You
âœ” Equipment to be no older than 6 months*
âœ” We require the suppliers original invoice
âœ” An invoice from your business billed to Silver Chef including your account information
âœ” Photos of assets to be funded
* Individual assets subject to approval
Cash is King
"At Stellarossa, we have found using Silver Chef’s Buy Back option gives our business a much needed cash injection allowing our new store owners to expand and grow their businesses,""
Managing Director of Stellarossa Franchising
Silver Chef's Buy Back program gives you the freedom and flexibility to help grow your business by helping you with:
âœ” An immediate injection of funds into the running of your business
âœ” Simple low weekly repayments to preserve your cash flow
âœ” Saving your capital rather than spending it on depreciating equipment
âœ” Payments that are 100% tax deductible
âœ” The ability to upgrade your equipment during the first 12 months, as your business needs change and evolve
Let us do the hard work and source the right equipment for your Restaurant or Commercial Kitchen
Call SCK if you would like to take advantage of the Silver Chef Buy Back offer.
Our goal at SCK is to sell you products that add value to your business.
We power your kitchen!