Business Advice

What to Do after Invoice Factoring

What to Do after Invoice Factoring

Invoice factoring is simple. You sell your invoices to a factoring company for a small fee, and in return, you are provided with immediate cash for the services or products you have sold. Many businesses turn to factoring when they realize their working capital (or lack thereof) is holding the company back. They need more […]

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 […]

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 […]