4 Myths of Factoring Debunked
Accounts Receivable (A/R) Financing, or factoring, used in conjunction with long term debt management and equity financing can help growing businesses free up capital to acquire new businesses or expand existing business lines. While A/R Financing has been around for millennia and it’s a viable source of funding, many myths exist regarding factoring and it’s […]
How Invoice Factoring Can Grow Your Business.
Five advantages of invoice factoring: Cash flow is the lifeblood of any business. However, small startup businesses normally find themselves in a dilemma when they are about to get in a business contract only to find out it will take over 2 months to get paid. You have probably found yourself in such a situation, […]
7 Tips To Wrap Up Your Buisiness At Year-End
1. Complete End-Of-The-Year Reviews The end of the year is a great time to review how well your team worked together. But, how can you see that? Cue performance review time. Year-end is one of the best times of the year to hold performance reviews. You can discuss employees’ accomplishments from the year as well […]
Investigación de mercados y éxito empresarial
Es evidente que el peor escenario ante una decisión de negocios, que involucre a los consumidores, es no llevar a cabo algún tipo de indagatoria sobre lo que las personas prefieren o valoran de los productos o servicios que las marcas están por lanzar (por ejemplo, en estudios de innovación), renovar (como en el caso […]
Faster Payments Retain Employees
New developments could speed up instant payments in the U.S. Last week, the Federal Reserve announced it would give some competition to The Clearing House’s Real Time Payments (RTP) with its real-time payments service, FedNow. This is a significant advance, considering it will be the biggest infrastructure upgrade since the ACH system went online in 1972. […]
Top 5 Budgeting Apps in 2019
Multiple apps will keep your wallet happy. With that in mind, we’ve compiled the top five apps for budgeting: Mint Best for Personal finance newbies Perhaps the most well known, Mint allows users to create budgets, track bills and receive a free credit score. But it’s the budgeting feature where Mint shines the most. It asks you to […]
3 Ways for Seasonal Businesses to Maintain Positive Cash Flow
3 Ways for Seasonal Businesses to Maintain Positive Cash Flow If you run a seasonal business, you are probably very familiar with the difficulties of maintaining positive cash flow during the off-season. Perhaps you are a retailer who struggles to generate business during your slow times or maybe you provide products and services that […]
7 Steps for Invoicing Success
7 Steps for Invoicing Success Cash flow is one of the most important elements of a successful small business. When you don’t have enough cash, you can’t run your business smoothly. Cash flow problems can often stem from invoicing mishaps, which are common in any business, but especially small ones. Here are some suggestions […]
Running a Successful Business Requires Both Passion and Performance
Running a Successful Business Requires Both Passion and Performance When you own your own business, loving what you do is essential, but it is not enough. Of course, you have to have a great deal of passion to endure the stressful sleepless nights and roll-up-your-sleeves kind of days, but you also need to have performance, […]
5 Things Small Businesses Should Spend Less On
5 Things Small Businesses Should Spend Less On As many small business owners know, managing expenses and maintaining a positive cash flow is very challenging. As such, it’s always a good idea to periodically evaluate what you spend your money on and figure out how you can spend as little as possible. There are many […]