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Avoid These 4 Cash Flow Mistakes for a Profitable Business

Business owners are often overloaded with head-scratching activities and are left with no time to manage their cash flow, which may lead to business collapse. Although you may have great ideas and your business is doing great from the very start, about 80% of all businesses small and large fail because of improper cash flow…

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4 Ways Business Owners Can Manage Growing Pains

Every business owner starts out with high hopes for their new enterprise. They hope their new business will be profitable. They hope that their customers will value the products and services they have to offer. They hope that they will make smart decisions as their business grows. That last part can be particularly challenging. Managing…

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Don’t Just Manage Cash Flow. Control It.

  Controlling Cash Flow is Critical to Your Success Small businesses are often strapped for cash. A critical business imperative is to control cash flow and not just manage it. As any business matures various factors affect cash flow, some being growing operating costs, direct product costs (cost of goods), staffing/labor, product and service pricing…

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5 Reasons Your Business May Be Failing

Most businesses go through rough periods. Weathering the ups and downs of any business sector can be difficult and affect the business in numerous ways. Sometimes a slump is something that’s out of the company’s immediate control; a new technology might have made yours obsolete, or a change in customer attitude about products (for example,…

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Entrepreneurship: 5 Important Things College Won’t Teach You

Education is important for an entrepreneur. Going to college not only teaches you a wide variety of important skills, it can provide you with knowledge that can inspire you to create something amazing and help you foster networks that will help you when you become an entrepreneur. Unfortunately, it’s not going to teach you everything,…

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5 Tips for Entrepreneurs to Start Saving Money Today

Increase Profits While Lowering Business Expenses Many challenges come with creating a startup or operating a thriving business, one of the biggest of which is money management. It can take time to generate a profit while you’re growing. If you spend your cash wrong, your business could fall apart fast. But there are ways to…

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Short on Working Capital? Invoice Factoring Could be the Solution

Accounts Receivable Financing: One Way to Speed Up Your Cash Flow It’s an exciting time as a business owner when you have a consistent customer base and know you can depend on them to place new orders. Unfortunately, this scenario isn’t without challenges. Your company doesn’t have the credibility to bill upfront as a new…

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Invoice Factoring: An Easy Way to Fund Your Next Growth Spurt

Many aspects of a business will shift as it advances through various stages of growth and development. Of all the aspects that make up today’s business, finance and cash flow solutions are likely to change the most. This is especially true in the first several years of operation; larger organizations are likely to find themselves…