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What You Need to Know About Alternative Financing

Alternative Lending Increasingly Popular; but is it Right for Your Business? The world of business has changed dramatically in recent years. Innovations like AI, smart phones and social media, have altered the landscape for businesses large and small and opened up new possibilities for funding their operations. At the same time, these innovations and changes…

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7 Ways Businesses Are Adapting to the COVID-19 Crisis

Key Steps to Building a Resilience Plan It’s safe to say business leaders have learned a lot in 2020. The coronavirus pandemic has required resilience, decisive action and strategic action from businesses of all sizes. Data released by the US Chamber of Commerce in June 2020 reported that 21 percent of all small businesses had…

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Nine Common Misconceptions About Invoice Factoring

Learn the Advantages of this Flexible and Cost-effective Source of Finance Invoice factoring, also known as accounts receivable financing, has been around for a long time. Yet, despite the large numbers of businesses that factor their invoices, there are still many myths in circulation about this form of business financing. One of the most common…

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Concentrate on Current Customers to Boost Your Profits

Improve Profitability by Focusing on Existing Clients During the holidays it is especially fitting that we focus on our current customers, those who have helped us grow and become successful. Yet, many businesses focus their promotional efforts on acquiring new customers, while ignoring a very obvious and much easier way to increase sales—existing customers. With…

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8 Strategies to Avoid Facing A Cash Flow Crisis

Minimize Your Company’s Risk of a Cash Flow Crunch The most common reason cited for business failure is cash flow issues. Indeed, even a company with a healthy profit and positive net equity can fail if it lacks the liquid funds to meet its short-term liabilities. So, wouldn’t it be nice if you could run…

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7 Ways to Make Your Business More Creditworthy

How to Get the Financing You Need for Your Business Running a new business takes time, but it also takes a lot of money. Whether you are ramping up your enterprise or pouring your receivables into the future growth of your company, you will likely need outside financing to make it happen. As a business…

Ten Benefits of Invoice Factoring for Small Businesses
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Ten Benefits of Invoice Factoring for Small Businesses

  Increase Cash Flow and Profits with Invoice Factoring You will undoubtedly be aware that staying on top of your accounts receivable is crucial for maintaining healthy cash flow. However, reviewing your receivables and making collection calls takes a lot of time. Even so, you also want to get the cash owed to you into…

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Nine Common Cash Flow Management Mistakes You Need to Avoid

Dodge a Cash Flow Crisis with These Tips When the sales are coming and the prospects for the business are looking good, it can be easy to take your eye off the cash flow. After all, it seems logical that if the management accounts show a healthy net profit, the cash will surely follow, but…

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10 Reasons Why You Need to Hire a Bookkeeper for Your Business

Save Time and Money and Improve Your Accounts Receivable Modern accounting software apps are easy to use. Indeed, many software vendors sell their small business accounting apps on the premise that business owners can maintain their books themselves. But the question you should be asking, is doing the bookkeeping yourself the best use of your…