Business Partnerships: A Necessary Risk
Business Partnerships: A Necessary Risk Starting a business is an exciting venture. Sole proprietorship allows you the freedom to Implement your own ideas, business procedures, and schedules as you wish. The decisions you make will not impact anyone except you. Working alone can be difficult when trying to jump-start a new business. Most people need […]
The Cash Flow Struggle
The Cash Flow Struggle Cash flow is essential to any growing business. When cash flow slows down, it can cause the business to drop revenues or completely fail. In order to keep from failing, business owners have to look at their business practices and figure out what is causing the cash deficit. There are many […]
Building A Customer Focused Business
Building A Customer Focused Business What is the #1 asset in your business? Your customers, of course! They provide the revenue that keeps your business afloat and enables growth. Without your customers, you would not be in business. Who does not like to feel familiar and appreciated? People in general like to be acknowledged and […]
The Value of Business to Business Relationships
American Receivable Corporation considers it’s business relationships within the financial community to be one of its greatest assets. American Receivable’s partnerships within the banking community and with professional CPA’s spans over 39 years These relationships have been mutually beneficial to us, the bankers and CPAs as well as our factoring clients. No matter what type […]
Leadership and the Success of Your Small Business
Leadership Tips for Small Business Owners We’ve all had experience with different leaders in our workplaces and communities. Some people are calm and collected, and some are fiery and passionate. Some are more courageous and others cautious and methodical. There are benefits and drawbacks to the various leadership styles, but no matter how outwardly different, […]
How to Keep Your Small Business from Failing
How to Keep Your Small Business from Failing According to recent reports, the economy is booming, and it seems that now would be an excellent time to start a new business. The failure rate of new businesses is sobering, though. Bloomberg research shows that eight out of every ten businesses fail within a year and […]
The Value of Cross-Training Employees
The Value of Cross-Training Employees There are many advantages to cross-training employees. The greatest advantage being that in the absence of an employee, someone is available to step in and keep the business going as usual. Any disruptions in operations or other transitions can be handled, allowing the business to continue to run smoothly. No […]
The Benefit of Transparency
Why Transparency Matters You know you have everything in place to run a successful business but you are frustrated that your marketing is not getting the results you want. If you seem to be losing more sales to the competition than you are winning and few customers are turning into repeat customers it is time […]
How to Create a Customer-Focused Culture
How to Create a Customer-Focused Culture Automation is changing the way we live and work, and in most cases, the change is for the better. But there are some things that still require the human touch and despite all the technological advances in recent years, no one has figured out how to automate great customer […]
The Value of Giving Back
The Value of Giving Back So, you’ve tightened up your processes, have the right people working for you, secured proper financing and your company is growing nicely. Time to sit back and enjoy, right? Not until you show gratitude for your success. Of course, your success has come by the sweat of your brow and […]