Illustration of two people with a large clipboard showing "accounts receivable" charts, a magnifying glass, and a calculator, symbolizing financial analysis.
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Why Business Owners Should Outsource Their Accounts Receivable

The Top 5 Benefits to Outsourcing Accounts Receivable As a small business owner, you live and die on your cash flow. You rely on the timely payment of invoices to fund your operations, pay your employees and keep the rent paid on the space you occupy. When that steady cash flow is interrupted, your finances…

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8 Key Sources of Alternative Finance for Small Businesses

Top Funding Alternatives to Traditional Lending Lending standards for business loans tightened during the third quarter of 2022, with weaker demand for commercial and industrial loans for companies of all sizes, according to a recent Federal Reserve survey**. As large banking institutions are reluctant to lend to small businesses, and those that do commonly have…

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What Are the Best Ways to Improve Cash Flow for Your Business?

7 Techniques to Increase Working Capital As most business owners know, managing cash flow is essential to the survival of a business and needs to be carefully controlled. Cash flow indicates the well-being of a company and helps to determine a company’s ability to pay its bills such as payroll, rent, and vendors. Unfortunately, lack…

Envelope containing a document with a "rejected" stamp.
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The Most Common Reasons Your Business Loan Request May Be Denied

If you have been recently denied a business loan despite having a good credit score, then you may be hesitant to start on your next application. There are several other factors that come into play when loan providers evaluate a request. Some of these factors are influenced by other conditions outside of your credit score….

Colorful sticky notes on a corkboard with one reading "improve cash flow.
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10 Practical Tips to Boost Cash Flow in Your Business

Every cent of cash you have tied up in overdue customer invoices or unused stock is costing you money in interest as well as the opportunity for expansion and growth. You could increase sales to increase money coming into the business or you could consider restructuring your finance arrangements. However, there are some more straightforward…

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How to Increase Working Capital in 5 Simple Steps

Quickly Reduce Costs and Improve Profitability Most small businesses operate on a tight budget while trying to grow its customer base and 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…

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10 Accounts Receivable KPIs You Should be Tracking

Key Metrics to Help Spot Trends and Performance Issues The aged accounts receivable (AR) report is valuable for managing customer credit accounts. You can see how much money is overdue by looking at the totals in the various aging columns. However, an aged AR report only represents a snapshot of accounts receivable at a specific…

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The Most Common Invoice Management Mistakes You Can Easily Avoid

It’s likely you’re making at least one of these invoicing mistakes, but it’s not too late to put good practices in place. If your business sends out sales invoices, it’s a good idea to have your customers on a set billing cycle. This keeps money flowing into your company on a regular basis. Steady cash…