Another Financing Method

Just read a blog posting in another publication about a dayspa owner who, to finance his expansion of the spa, started matching gift certificates with his own. The first time he tried it, he sold $85,000 worth of gift certificates, and he kicked in aother $85,000.

The second time he tried it, which was in between the Thanksgiving and Chrismas holidays, he raised another $92,000, and, of course, ponied up another $92,000 of his own.

No telling what he’s gonna do for Mother’s Day, but I did suggest that he do the matching process again….he’s got just about enough time. We’ll see if he reaches out to us.

But, IMHO, this is a really creative financing method.

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2 Responses to Another Financing Method

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