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NEW YORK, NY, January 18, 2012 /24-7PressRelease/ -- http://MerchantCashAdvanceIndustry.org, powered by Raharney Capital, is issuing a formal challenge to create jobs. Frustrated that the U.S. Government has failed to decrease unemployment by a substantial level, we are putting forth our jobs proposal.
Our research infers that increasing sales by just one cent per day can create one new job. Increasing sales by $100 per day can result in 10,000 new jobs. Through the use of Merchant Cash Advance (MCA) financing, we are hoping to spark excitement in the small business community and provide them with capital to increase their bottom lines. "The private sector grows together," stated Sean Murray, Founder of the MCA industry network website. "Our capital is used by small businesses, particularly restaurants to grow, and that in turn increases employment in a very important sector of the economy."
Public studies by the National Restaurant Association (NRA) already map out a mathematical formula to bolster employment. Ten percent of working Americans are employed by an eating or drinking establishment. The dining experience can't be outsourced overseas, take place online, or be replaced by machines. Keeping in mind that food is essential to survival, we believe that restaurants are the absolute best place to jumpstart the economy.
On a state-by-state basis, the NRA's calculations serve as the basis for our proposal. For every additional $1 Million spent in an Alabama eating or drinking establishment, 32 jobs are created. That allowed us to logically deduce job-creating statistics down to the microeconomic level. Creating just one job requires every business in Alabama to generate an additional 1.2 cents per day in revenue.
"These are inspiring statistics and we hope it motivates everyone to push for growth just a little bit more," said Murray. "If that growth requires capital, we'll be here."
Learn more about our jobs proposal and challenge at: http://merchantcashadvanceindustry.org/your-stories/
MerchantCashAdvanceIndustry.org is a financial networking service operated by Raharney Capital, LLC. We are not affiliated with the National Restaurant Association, nor have they have endorsed or reviewed our findings. The statistics used are based on data available at: http://www.restaurant.org/research/state/
For more information, please contact: [email protected].
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