Ascentium Capital Blog

The first quarter of the new year… besides cool weather and new opportunities, we analyze our 2018 income or revenue to prepare for tax returns. As a small business, one area for tax savings you may benefit from is Section 179. Section 179 is a tax incentive that lets eligible small business owners accelerate deductions on equipment and assets they purchase for their business or immediately expense the cost of qualifying property—rather than recovering such costs through depreciation deductions. (Read More...)

DRB Systems (DRB), a leading provider of technology-enabled devices and software solutions for the car wash industry headquartered in Ohio, has taken that notion of helping each other by teaming up with Ascentium Capital to offer financing for car wash operators and owners. This has enabled DRB and their car wash clients to reach a new level of success, and it pays off for both. (Read More...)

Karen Phillips, CFO of Selling Simplified in Denver, CO, explains how Ascentium’s technology financing helped them automate and streamline operations to stay ahead of competition and provide customers with the best data possible. Selling Simplified has been able to strengthen their technology infrastructure through financing servers, software, licenses and other technology items. (Read More...)

In our last post we walked you through the steps for selecting the trade show events that are the best fit for your company's goals. Now we'll discuss key considerations and best practices for choosing booth locations. Trade show events provide sales opportunities, but it is the physical location of the booth at the show that enhances visibility, booth traffic and return on investment for your business. For your customers to experience your trade show booth, they must be able to find you. (Read More...)

Trade shows provide the opportunity for small and large businesses to increase the visibility of their products, services and brands to current and potential customers. When considering options to increase your company's exposure and showcase products, there are two important aspects to trade show selection. This two-part blog post will highlight key considerations and best practices for selecting the shows to exhibit and selecting the location of your booth at the shows. (Read More...)

Since margins on fuel sales can be small, it's vital that c-store operators get those customers to go in-store to make purchases. Programs to convert gas-only customers into gas-plus customers can be as simple as increased signage at the pump. Bright LED lighting makes a business stand out and appear safer, which can entice consumers to pull into your store over other options. (Read More...)

The U.S. convenience store industry is facing the challenging truth that Americans are changing the way they shop for snacks and drinks. The 150,000 plus convenience stores in the nation are being pressured from all sides. Fast-food restaurants and supermarkets are engaging in price wars, and dollar stores continue popping up and Amazon.com offers quick delivery for basic items. (Read More...)

When was the last time you stopped into your local bakery or patisserie and thought about anything but the coffee you crave or the incredible scents of the sweets on display? There’s a lot of expensive machinery that goes into running a high-end bakery from coffee and cappuccino makers to commercial grade ovens and mixers and other specialty equipment. With this expensive equipment, and the cost of potential replacements or expansion upgrades, a baker could get burnt without the right lender. (Read More...)