Insights Blog

Ten Benefits of Invoice Factoring for Small Businesses

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  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 […]

Nine Common Cash Flow Management Mistakes You Need to Avoid

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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 […]

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

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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 […]

Ten Tips for Reducing Days Sales Outstanding

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Improve Your Cash Flow by Managing Your Accounts Receivable Days Sales Outstanding (DSO) is a key performance indicator (KPI) used to monitor the length of time it is taking a business to collect their sales invoices. The KPI is also sometimes known as average debtor days, or average days to pay. DSO is calculated by […]

Show Me the Money: Small Business Financing Options

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Variety of Funding Types Available for Businesses Right Now For any business to grow, having access to capital is extremely important. Unfortunately, finding investors to put forth equity can be challenging.  Luckily, thousands of financial institutions across the country are willing to provide funding to small businesses to help them grow and develop. This article […]

6 Tips to Help Your Business Thrive

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Improve Your Odds of Success with these Ideas In today’s economic climate, the odds are stacked against business owners. Competition is fierce, customer needs are ever evolving, and a dedicated work force can be challenging to manage. Using the following tips will help your business survive and thrive even in the toughest of times. 1. […]

4 Ways to Adapt to Fluctuating Business Challenges

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Strategies to Adjust During Turbulent Times The challenges facing businesses today are more imminent than ever before. Because of technological evolution and globalization, businesses are facing competition on a much larger scale. And, with the current economic and health crisis, business owners are faced with an even more daunting challenge: not just thriving, but surviving. […]

8 Rules for Managing Your Accounts Receivable

Stay on Top of Invoices for Steady Cash Flow Late-paying customers are often one of the most significant challenges that small business owners face. Even though you might think that people will pay you on time for an excellent service, there are a lot of people who will stretch their credit as far as they […]

10 Ways to Boost Profits Without Increasing Sales

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Tips to Quickly Increase Your Company’s Profit Margins Many business owners will look first at increasing sales when they want to boost their profits. However, increasing sales is a long-term strategy, and it can be expensive in terms of increased marketing and pre-sales costs. Fortunately, there are other ways that a business can improve its […]

How to Ease Your Company’s Cash Flow Issues

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5 Strategies to Lessen Your Financial Problems Cash flow issues are a problem for many business owners. Even companies with steady clientele can run into this issue. Fortunately, there are ways to maintain control and keep operations running as usual. Here are five ways you can do just that: 1. Make it Easy for Clients […]