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Hire a Factoring Company for Slow-Paying Clients

Hire a Factoring Company for Slow-Paying Clients

Nothing eats away at the success of a business like the slow-paying client. They reap the benefits of your prompt goods and/or services, and then they dawdle when it’s time for your reimbursement. Not only do you, as the company, suffer from a lack of cash flow; you also become stretched for time. The same […]

5 Ways Your Business Benefits from Factoring

5 Ways Your Business Benefits from Factoring

When business owners think about financing, they get a little scared. Every business owner has heard their fair share of horror stories associated with financing, and just one could turn them away forever. The truth is, most of these horror stories involve the bank. Banks have high interest rates on business loans and their money […]

Repricing Your Goods or Services: Things to Consider

Repricing Your Goods or Services: Things to Consider

Businesses make money off of the services or goods that they sell, but pricing those goods or services is harder than it may seem. The price tag on an item tells the customer a few things. For one, it sets a level of expectation on the quality of your product or service, so a high […]

Is It Time to Grow Your Staffing Company?

Is It Time to Grow Your Staffing Company?

As the United States has suffered through the most recent economic downturn, the staffing industry experienced a surprising boost. With so many people in need of employment, and so much competition, individuals started turning towards staffing companies for placement. Today, many staffing companies could benefit from re-examining their business goals and considering expansion. Should you […]

What Should Your Extra Working Capital Be Used For?

What Should Your Extra Working Capital Be Used For?

Most steady businesses find their bank accounts bobbing just above and just below the waterline of a perfect revenue stream. Many business owners find contentment in this steady bob because they know how hard it is to simply keep the doors open, but contentment has never made a business exceptional. Businesses who are teetering on […]

The 3 Biggest Financial Mistakes Business Owners Make

The 3 Biggest Financial Mistakes Business Owners Make

A successful and thriving business is the dream, but very rarely the reality. If you were able to peer inside the past five years of any successful business’s bank account, the numbers are more likely to wax and wane than to resemble a steady uphill path to riches. The key is to ensure your finances […]

How Are Cash Flow and Profit Related?

How Are Cash Flow and Profit Related?

As a business owner, you must know on some level how cash flow and profit differ – but how deeply do you understand that concept? With profound knowledge and understanding of your business’s cash flow versus its profit, you can gain key strategies to propel revenue upward. Let’s examine the major differences between cash flow […]

Why Is Working Capital Important to a Business?

Why Is Working Capital Important to a Business?

It is fair to say that every business has at least one thing in common: the goal to make money. What they don’t have in common, however, is how they choose to go about bringing in that money. Many businesses fail to achieve their most important goal. Why? Most often, it’s not due to a […]

How Do You Avoid Business Bankruptcy?

How Do You Avoid Business Bankruptcy?

The dream is that business is always booming, right? Sure – that’s the goal, but it’s often unrealistic. All businesses experience an ebb and flow within their profit margins, but when those fluctuations start to dip a little deeper than you’re comfortable with, it can be hard to escape. Many a successful business, large and […]

5 Ways to Motivate Your Employees and Improve Business (With Zero Cost)

5 Ways to Motivate Your Employees and Improve Business (With Zero Cost)

There is no doubt that productivity levels play a huge part in the success of your company. Without efficient workers, time and money is lost. A lag in productivity could mean your employees are feeling underwhelmed and indifferent about their workplace. How can managers motivate employees without spending massive amounts of money on financial rewards […]

Manage Your Business Debt in 4 Simple Steps

Manage Your Business Debt in 4 Simple Steps

Are you in a constant state of panic over you business debt? You are not alone! Companies across America are struggling to get their businesses on the up and up again. When the monthly payments continue to rise, it’s hard to remain calm. Debt isn’t always a bad thing. In most cases, it takes a […]