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Pandemic: 5 Ways to Boost Business Cash Flow During an Economic Downturn

Take Initiative to Protect Your Bottom Line In a pandemic, business leaders usually prioritize the most urgent issues — such as keeping their employees and customers safe, and ensuring that their supply chains remain intact. Once they have their houses in order in these areas, however, the next step is usually to ensure that cash…

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Financing Options During a Crisis

Get Immediate Access to Cash Flow for Your Business You probably are overwhelmed with news stories regarding the Coronavirus pandemic. It is causing tremendous hardship across the U.S. and the world. While a great deal of uncertainty remains, there are steps you can take to shore up your company’s working capital. Small Business Administration Loan…

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Crisis Strategies to Get Your Business Back on Track

Tips to Help Your Business Exit a Crisis Stage Crises are realities that businesses either come face to face with or flirt with over their life cycle. These are conditions that present serious challenges to the business owner and its staff. How you respond to crises is going to define how your company grows and…

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9 Ways Entrepreneurs Can Cut Costs Without Reducing Customer Satisfaction

Reduce Expenses Not Quality with these Tips The first and longest battle a business owner will have to fight is the one over their capital. You will need to care for it at every step. Keeping costs down without cutting corners is a difficult task, but it is far from impossible. Here are nine ways…

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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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What is Invoice Discounting?

Understanding Invoice Discounting Invoice discounting is a specific type of short-term finance that allows businesses to access the cash owed to them by customers. This alternative type of funding solution lets businesses sell their unpaid invoices to receive cash now instead of waiting for customers to pay their invoices. Many businesses extend credit terms to…

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Four Ways to Recession-Proof Your Small Business

Small businesses create millions of jobs, boosting the U.S. economy. However, when a recession hits, it can be hard for small companies to recover and bounce back. All too often, many small businesses simply shut down. This article shares four ways to protect your small business during tough times. 1. Get Capital Quickly You need…