Most B2B Businesses Can Take Advantage of Factoring Sales invoice factoring allows businesses to collect cash from their invoices as soon as an invoice is issued. The immediate receipt of most of the money due from an invoice simplifies cash flow management and releases funds that can be used for business expansion. Many businesses in […]
4 Routines to Follow for Sustained Growth As a business owner, it can be valuable to get a hold of your finances effectively. The tools you have available with today’s technology can help you manage your finances more efficiently saving you time and money. In order to best sustain your business momentum, there are several […]
Avoid Blunders That Can Disrupt Your Growth Plans Many businesses are built not only on good performers and talent, but also with good management of finances. This is a key point in business growth, which makes it important to avoid mistakes that may derail your plans in the long term. With these notes considered, here […]
Knowing Working Capital Requirements Crucial for Growth Many businesses fail because they lack sufficient working capital. Quite simply, companies that lack the means to fund their ongoing operations run out of cash. However, working capital is not only required for day-to-day operations. A business also needs funds to develop new products or services as well […]
Overcome Shortages with Adequate Forecasting and Financing When the sales graph shows an upward trend, you would expect the bank balance to be on a similar trajectory. However, expanding businesses often experience cash flow problems. A shortage of cash during a period of expansion can impede growth and, in some cases, even cause the company’s […]
How to Keep a Tight Rein on Business Expenses A business owner has much on their plate, so managing the finances of a small business can be challenging. Consequently, it can be easy to spend more than anticipated and not discover the overspend until the cash flow gets tight. However, implementing the following processes will […]
Monitoring the financial health of a business is crucial for success. When you have a thorough understanding of your company’s financial position, you will be able to make better-informed decisions. However, which of the many financial figures are most critical? Here are the top ten metrics and key performance indicators (KPIs) that every small business […]
Take Immediate Action to Stem a Cash Flow Catastrophe Cash flow problems don’t always creep up on a business. Sometimes, a single event can cause a shortage of cash. A customer might unexpectedly cancel a significant order, for example, or be late paying a high-value invoice, or you might have overlooked a large payment that […]
How can your business overcome the financial burdens of the past year? Over the past year, Universal Funding has published a variety of articles that explore topics ranging from financial forecasting and avoiding bad debts to managing your cash flow. Out of all of those various articles, here are the ones that piqued the most […]
The holiday season can be difficult when it comes to managing your company’s finances. You tend to experience some pressure to end the year on a positive financial note, even as you deal with the fact that you have less working days at the end of the year. You probably have fewer staff members in […]