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5 Financing Alternatives for Small Business

Funding Options You Should Consider Right Now Running a small business can be a risky venture. Many small business owners borrow against personal assets to fund the cost of operating and growing their company. However, by doing so, the owners risk losing those assets, such as the family home, their retirement savings and more. There…

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Accounts Receivable Financing: A Quick Way To Control Cash Flow

Sell Your Accounts Receivable for Steady Cash Flow 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…

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6 Ways to Survive a Downturn without Slashing Prices

Recession-proof Your Business with these Simple Tips An economic downturn can spell disaster for a typical small business owner. Small businesses often run at a very tight margin, and may not have the capacity to cut prices or significantly lower costs. This presents their business leaders with some sizable challenges, and it’s not surprising that…

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How to Improve Your Business During a Crisis

Tips to Keep Your Business Operating and Your Customers Happy Finding ways to keep your company operating during a crisis isn’t an easy task for most small business owners. Always staying proactive is essential to the success of your business, whether you are dealing with a global pandemic, an economic recession, or a cybersecurity incident….

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How to Avoid Bankruptcy During Difficult Times

Tips to Shore Up Your Business Finances Bankruptcy has always been intended as a “last resort” measure for avoiding total insolvency and financial ruin. It’s an important safety net for emergency situations, but it does come at the cost of a big hit to your credit score and ability to secure financing for the following…

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How Invoice Factoring Can Solve Your Cash Flow Problems

Sell Your Accounts Receivable for Immediate Working Capital Cash flow plays a crucial role in keeping your business healthy. You need to keep money coming in to meet your responsibilities such as paying your staff, your rent, your suppliers and other bills. Even very successful businesses can run into problems with cash flow. These difficulties…

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How to Relieve Anxiety as a Business Owner

Occupy Your Mind with These Tasks to Stay Positive A recent poll by the American Psychiatric Association found significant mental health effects on the population due to COVID-19. Here are some results from this poll: 36 percent of respondents agreed “coronavirus is having a serious impact on their mental health.” 59 percent of respondents “feel coronavirus…