Insights Invoice Factoring Blog
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,…
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…
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…
Reduce Risk While Offering Credit Terms to Customers
In order to remain competitive in your industry, you’ve probably considered extending credit terms to your customers. In fact, it’s quite likely that you are already offering payment terms to your best customers. While extending a credit term by 15, 30 or 60 days is just like offering an unsecured loan, it’s a risk most…
Top 10 Rules to Managing Your Cash Flow
Your business budget runs a lot like your personal budget. You must keep track of how much cash you have on hand at all times, or you’ll run into unpaid bills and unhappy employees quickly. Cash flow shortages aren’t always the sign of problems, rather, they may be the sign that your business is growing…
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…
Invoice Factoring: A Simple Way to Control Cash Flow
Sell Your Accounts Receivable for Predictable Payment of Invoices No two companies are exactly alike. Even similar companies serving the same industry can have vastly different ways of earning money, completely different spending strategies and differing ways of handling accounts receivable. That’s the beauty of the business world, but also the bane of many commercial financial companies. There are…
5 Ways to Maintain Healthy Cash Flow Even with Slow Paying Customers
The success of your business depends on a healthy cash flow. But in reality, customers don’t always pay on time, leaving you with a shortage of cash to operate and grow your business. Unfortunately, some business owners try to bully their customers into writing a check. There are better ways to speed up the payment…
Tax Issues? Businesses Turn to Invoice Factoring for Financing
Dealing with the IRS or a local tax agency can take up valuable time and business resources. Your employees and customers depend on the continued health of your company while you address tax issues. If paying outstanding taxes puts a strain on meeting operating costs, you may have little options for securing capital to cover all…