Small businesses are the backbone of the U.S. economy and job market. Nearly 95 percent of all employer-operated businesses in the United States are small businesses. More than half of all Americans either own or work for a small business, and they create two out every three new jobs in the U.S. each year.
Without small business, we would not have a thriving economy. In recognition of National Small Business Week, here are a few of our top blog posts that are dedicated to helping small businesses succeed.
As a small business owner, you face many challenges, from raising capital and finding customers to attracting qualified workers and making payroll. At the same time, your organization has some distinct advantages as well. Here are some tips to help your small business grow the right way.
You don’t have a huge bankroll as a small- or medium-sized business. You are likely operating on a tight budget while you try to grow your customer base and your profits. You simply can’t afford to make any mistakes in your budgeting as you can easily find yourself in the red. Fortunately, you don’t have to have a huge, venture capital fund to be successful. All you need is some business savvy and the ability to make some smart financial decisions to make your business a success.
Some customers can have difficulty paying their invoices on time. When you come across such customers while doing business with them, there are a few things that you can do to help with collection. You can also take steps to ensure that this doesn’t happen in the future.
Want more articles for small business owners? Our Insights blog column features many articles to helping small business continue to succeed. Have ideas for an article? We’d love to hear from you! You can email us at firstname.lastname@example.org or leave your comments here.
Your Questions Answered Quickly
Whether your business is thriving and you can’t keep up, or you are waiting on clients to pay their invoices, Universal Funding can help your growing company. Call us at 855.782.1493 or complete our rate form today to learn more about invoice factoring and how it can improve your company’s cash flow.
About Universal Funding
Universal Funding is a private funding source that has funded thousands of businesses and more than $2 billion since 1998. We turn your accounts receivable into the funding you need through invoice factoring and can have capital in your hands in a matter of days.