As a business owner, you may be excited to start growing as soon as possible. However, if you expand too soon, the company may not perform well or earn enough money. Here are five signs to alert you when your business is ready to grow: 1. You Can’t Keep Up with...
Cash flow problems can sink a business, but it’s a fact of life that not every invoice is paid on time. With established partners and customers it’s good to give some leeway to maintain good relations, but there comes a time when you need to call those...
Invoice discounting is a specific type of short-term finance that allows businesses to access the cash owed to them by customers. This alternative type of funding solution lets businesses sell their unpaid invoices to receive cash now instead of waiting for customers...
Many business owners often overlook the importance of financial ratios. They look at the accounts and the cash in the bank, and they judge the success of the business based on that alone. Looking at the big picture is better than nothing, but the big picture...
Debtor finance is a specific type of lending that allows businesses to borrow money against amounts owed by customers known as its accounts receivable. For many business owners, debtor financing offers access to the cash owed to them without the need to take on debt....
Small businesses create millions of jobs, boosting the U.S. economy. However, when a recession hits, like the one in 2008, it can be hard for small companies to recover and bounce back. All too often, many small businesses simply shut down. This article shares four...
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