10 Practical Tips to Boost Cash Flow in Your Business
| |

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…

| |

What to do When a Customer Won’t Pay Their Invoices

10 Ways to Improve Collections and Cash Flow If you manage accounts receivable (AR), you will be all too familiar with the usual excuses for non-payment. The check is in the mail, my manager is away on vacation, and we sent a payment to you last week; these are just a few tactics people use….

|

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…

|

How to Know if Your Business Qualifies for Sales Invoice Factoring

Most B2B Businesses Can Take Advantage of Factoring Sales invoice factoring allows businesses to collect cash from their invoices as soon as an invoice is issued. The immediate receipt of most of the money due from an invoice simplifies cash flow management and releases funds that can be used for business expansion. Many businesses in…

|

How to Account for Factored Sales Invoices

Try this approach to simplify your accounting process for recording invoice factoring Handling the bookkeeping of factored sales invoices is not overly complex. However, some accounting systems may complicate the process. And, if you have never recorded the various transactions associated with invoice factoring, the accounting can seem more complex than it is in reality….

| |

Nine Common Misconceptions About Invoice Factoring

Learn the Advantages of this Flexible and Cost-effective Source of Finance Invoice factoring, also known as accounts receivable financing, has been around for a long time. Yet, despite the large numbers of businesses that factor their invoices, there are still many myths in circulation about this form of business financing. One of the most common…

| |

Looking to Increase Cash Flow? Consider Financing Alternatives

Don’t Wait for Banks or the SBA for Funding As a small business owner, you’re likely among the tens of thousands who have applied for more than $40 billion in relief funding under the Paycheck Protection Program. The roll-out of the program has experienced technical glitches and lender frustrations, leaving cash-strapped small businesses in a…

| |

How to Ease Your Company’s Cash Flow Concerns

Ensure Your Company Has Cash Flow for Growth Cash flow problems are a major obstacle to business growth. Neglecting to solve the issue will make running your company increasingly difficult. If you are unable to contain the situation, your business may eventually have to close. Fortunately, there are some steps you can take to ease your…