Communicating with Slow-Paying Clients – Part 1

communicating with slow paying customerAs a small business owner, you’re no doubt aware of the impact communication has on the success of your organization.

You may have attended lectures or webinars, or read books on the role communication plays in motivating your employees and resolving conflicts in the workplace.  But for many, the pearls of wisdom gleaned from these experiences is lost when it comes to managing their business cash flow.

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Invoice Factoring – the Who, What and When

who,_what,_when_of_factoringIn the past, we’ve discussed how invoice factoring works.

In this article, we’ll look at the Who, What and When of factoring.

One of the biggest challenges faced by many small businesses is finding the right source of capital to fund their day-to-day business operations. Unfortunately, many small businesses don’t have a clear idea of where they are financially until they’re faced with an immediate, and often unexpected need for cash. Some of the most common reasons small businesses find themselves in this situation include:

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Honoring Veterans, November 11….

Celebrating Veterans Day

Image result for veterans day pictures

On the 11th hour of the 11th day of the 11th month of 1918, an armistice, or temporary cessation of hostilities, was declared between the Allied nations and Germany in the First World War, then known as “the Great War.” Commemorated as Armistice Day beginning the following year, November 11th became a legal federal holiday in the United States in 1938. In the aftermath of World War II and the Korean War, Armistice Day became Veterans Day, a holiday dedicated to American veterans of all wars.

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Know The Facts of Online Lending

Lending. Keyboard

Don’t Be Overwhelmed By Online Lenders….

Online lending platforms are an integrated diverse group of lenders that allow small businesses the ability to apply for loans on one site and receive offers from multiple direct lenders. Sometimes referred to as Peer to Peer lending (P2P) is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers. Since the peer-to-peer lending companies offering these services operate entirely online, they can run with lower overhead and provide the service more cheaply than traditional financial institutions. As a result, lenders often earn higher returns compared to savings and investment products offered by banks while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower.

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