New Year’s Resolutions…. To Be Or Not To Be???
Unfortunately, the beginning of the year is one of the worst times to make a major change because it’s often still very stressful coming off the holidays.
Keep Your Team Motivated During the Holidays
It’s easy to get off track during the holidays. Employees can be distracted by the festivities, shopping and meals – especially while working from home. It is important to keep your business on track at the end of the year, so keeping your employees focused on their goals is critical. Also, you want to remind […]
I’ve Been Turned Down by the Bank Now What?
Having enough cash on hand to operate and grow a business has always been challenging. This year has made the search for additional money even more difficult. Earlier this year banks were entirely consumed with PPP loans. With the uncertain economy banks have become more cautious. A recent survey showed that more companies have been […]
Five Tips to Help Your Small Business Thrive During Uncertain Times
Starting and running a small business has never been easy. It takes a lot of grit and determination even in the best of times. And while most experts agree that the landscape has improved in recent years, there’s still a lot of uncertainty. Changes in the tax code, unrest in the Middle East, the uncertain […]
Looking Back with American Receivable
Our office that overlooks the Central Expressway and LBJ Freeway interchange is less than quarter mile away from where American Receivable started 42 years ago. The original office was on 13th floor and was a converted supply closet with no windows. As two young entrepreneurs we took our college finance degrees and started a factoring […]
Don’t Lose Money to Unpaid Invoices
Business owners depend on their clients paying their invoices in a timely manner. Business owners can be forced to delay new projects or worst when customers are slow to pay. But what can a business owner do when a client doesn’t respond to payment reminders, or simply refuses to pay? STEPS TO COLLECT LATE INVOICES […]
Focus on Customer Service
A mark of an excellent company is a culture that values their customer relationships and routinely exceeds their customer expectations. In today’s competitive environment, customers are aggressively prospected, and their loyalty cannot be taken for granted. Relationship focused companies recognize that they must deliver excellent service to grow their revenue. A “one size fits all” […]
Four Misunderstandings About Factoring Companies
Applications for business Employer Identification Numbers (EINs) totaled over 1.5 million for the third quarter of 2020. New businesses are being formed at the fastest pace in more than a decade. There are good reasons to start a business now; interest rates are low, there are lots of good workers who’ve been let go from […]
Will Factoring Affect My Customers
If you are searching for funding for your business, you should consider invoice accounts receivable factoring. Also known as invoice factoring, you sell your outstanding accounts receivable to your factor, so you don’t have to wait for your customers to pay you. Many business owners look for a factoring company that has a good reputation […]
How to Gain Trust During the Pandemic
This pandemic has changed so many ways business is done, but one thing has remained constant. Clear, honest communication is critical to both your customers and employees. A recent small business survey revealed that better communication led to better customer experiences. The truth of the matter is that having excellent communication with customers is often […]
