Category Archives: General News

Founders Profile

Meet Jack Stieber and Brad Gurney, President and Vice President of American Receivable Corporation

Since 1979, Jack Stieber and Brad Gurney have been pioneers in the factoring industry. I sat down with them to get an in-depth look at where they started and what it takes to become #1.

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How Technology Has Improved Invoice Factoring

In today’s time, many people cannot imagine running a business without the aid of technology, and the evolution of technology has changed the way we do business on a daily basis. Computers, software, apps, video, etc. have allowed companies to expand their businesses well beyond the borders of their home base. For factoring, it has created endless possibilities on how and where business can be done.

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Starting a business takes careful planning.  It requires emotional and financial preparation and a conscious commitment to invest the necessary time to make sure the endeavor is successful. The stakes can also be high; Only about half of new businesses survive five years or more, and one-third survive 10 years or more, according to the U.S. Small Business Administration. Despite the many challenges of starting a business, owners say the rewards can be incredible.

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Has e-commerce killed customer service?

The internet has changed the way most of us go about our daily lives.  From buying on-line to banking and bill paying, we no longer have personal contact with these services as we once did.   The role of customer service has changed too, as customers rely on websites and automation to fulfill roles traditionally occupied by business professionals.

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Dallas, Texas…. A great place to work and live

Capping off Small Business Week May 12-16, Dallas ranked ninth for best cities in the country to work for a small  business.

Dallas was the top-ranked city in Texas on the list released by WalletHub. It was awarded sixth place for small business job growth, ninth for average starting salary and 13th for small business vitality.   The city also received 20th for industry variety, 23rd for unemployment rate, 29th in the survey’s well-being index, and 32nd for cost of living.  For years, Dallas has been living in the shadow of Houston who this year ranked 13th on the list.  Dallas has been re-vitalized and has much to offer new and growing businesses and residents.

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Most small businesses have been forced to become Social Media Savvy.  Whether you use Facebook, Twitter, or any of the other hundreds of social media tools, they help businesses connect with leads and customers like never before.  Social media is an affordable way to target your audience, help promote your business, create brand awareness and establish trust and credibility.  When used properly, social media can help drive traffic to your site and potentially increase your revenue.

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