What are the most common issues that cause a business to have growing pains – and how to overcome them? Business growing pains is not at all a sign that you are a bad business owner. Almost all successful businesses will go through at least one or more periods where they will experience growing pains.Continue reading “Causes and Solutions for Cash Flow Problems”
The Cost to Borrow Money in Today’s Market What would your interest rate be today, if you were to borrow money for your business? Rates have not been this high since the 1970’s. If you are a well-qualified borrower, the lowest rates start at 8%. If you are not a well-qualified borrower, rates are asContinue reading “The Cost to Borrow Money in Today’s Market”
What is a payment discount? Companies have been offering their customers a discount if they were to make their payments in 15-day net terms. This is a great way to expedite payments to improve your accounts receivable process. Have you ever offered a 2% discount to your customers for 15-day net terms? These discounts shouldContinue reading “Do you offer early payment discounts to your customers?”
Business Will Be Booming in 2025 A Thriving Economic Landscape Introduction The year 2025 is poised to be a landmark year for businesses around the globe. With the world gradually emerging from the shadows of economic uncertainties posed by the pandemic, a resurgence in entrepreneurial spirit and innovative ventures is expected to redefine industries. FromContinue reading “Business Will Be Booming in 2025”
Thinking of Opening a New Business or Expanding your current Company? With the business world booming, are you thinking of opening or expanding your business? Over 3.5 Million businesses opened in 2021 alone, 500,000 in the month of January. It takes more than a good idea to get business up and running. One of theContinue reading “America is Reopening”
There are two kinds of factoring companies out there, traditional factoring companies and as of late, there are more and more unconventional factoring companies that are emerging. What are the differences, what should you be looking out for and what questions do you need to ask, when interviewing factoring companies? Let’s start with explaining theContinue reading “Invoice Factoring – What You MUST Know 2022 – 2023”
If you are one of the many businesses that have lost funding due to the COVID-19 pandemic, we are so sorry. Secondly, there is a way to move onward and upward, even amidst the chaos. Losing funding is the worst-case scenario for any business at any time, and the ongoing crisis has shaken up bankingContinue reading “What To Do When You Lose Funding During a Pandemic”
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