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Small Business: Follow These 5 Tips for Efficient Cash Management

Make Cash Flow Management Your Top Priority Cash management plays an important role in the success of a small business.  Even a business that has a good product or service can fall by the wayside due to poor cash management. While growth in sales is something to cheer about, this does not necessarily represent immediate…

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7 Creative Financing Options for Your Struggling Business

If your business is moving through a tough time, cash flow can be a huge struggle. Even when sales are picking up and you’ve averted a real crisis, not being able to pay vendors or staff will stop your operations in their tracks. You may not think that you are lendable when your business is…

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What to Do When Clients Don’t Pay Their Bills on Time

How to Collect on Unpaid Invoices 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. The…

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Is Being an Entrepreneur More About Selling Than Trailblazing?

As an entrepreneur you’ll be expected to wear a lot of different hats, the most famed of which is the trailblazer cap. You’re expected to break new ground and offer the audience something that’ll improve their lives. While that’s true, being an entrepreneur is more about sales. Fundamentally, you’re still about selling a product. Here…

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7 Ways to Fund Your Growing Business

Accounting for more than 99 percent of all U.S. businesses, according to the Census Bureau, small businesses are the backbone of the country’s economy and job market. They create many products and services used on a daily basis by consumers and other companies. If you’re an entrepreneur who has a small business, you understand the…

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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…