Know Your Competition
Do You Need to Know Your Competition? Why are you better than your competition? Do you know what differentiates you from your competitors? Most business owners believe their company is better than their competitors, but knowing what sets them apart is critical. The problem is that it takes time and effort to learn about your […]
Hiring a Great Team
Hiring a Great Team Millennials have a big emphasis on work/life balance. They spend less time at the office and more time working by staying connected on social media. As the upcoming heads of companies, the workplace is already in an altered state. Hiring a good team is essential to any business. It is important […]
Know Your Factor
Know Your Factor It’s been a hot summer and the regional factoring companies are being acquired at a record pace. Last month three more factors were purchased by out-of-state banks. This is accelerating the trend of new banking institutions entering the market by purchasing local factoring companies. As a professional, it’s important you know that […]
Factoring vs. Asset Based Lending
Avoiding the Cash Crunch
How to Avoid a Cash Crunch Business owners know that happiness means knowing how to avoid a cash crunch. However, every now and then entrepreneurs find themselves in the middle of a cash flow crisis. The Long-term solution to this cash crunch is a detailed examination of every expense, an analysis of pricing and investigating […]
American Receivable Corporation Ranked #1 Factoring Company
American Receivable has been ranked the #1 factoring company in the country Dallas, TX, July 11, 2018 –(PR.com) For 39 years Mr. Stieber and Mr. Gurney have grown a company that is receiving more and more recognition for being the best in class. Hiring the right people has been the key to their success. With […]
8 Ways to Increase Profits for Your Small Business
How to Increase Profits for Your Small Business As a small businesses owner, you no doubt spend a lot of time thinking about how to increase profits While increasing sales and revenue typically receive the most attention, looking for ways to reduce operating expenses and improve your cash flow can also help you increase profits. […]
Responsibility in the Workplace
Responsibility in the Workplace Business owners must have employees with strong skills working for them. They must be able to delegate to those employees. As an employee of a business, you have a responsibility to the company to do your job well. What is responsibility? It is made up of two words, response and ability. […]
The Value of Dedicated Account Managers
The Value of Dedicated Account Managers Financing is the #1 requisite for any business to grow and keep a positive cash flow. There are many options to look at for financing a business including traditional bank loans or alternative options such as factoring. Once the financing is in place, that relationship will continue as you […]
Credit is Crucial
Credit is Crucial Credit-worthy customers are crucial to any business. As a business owner, it is important to limit your own credit risk, practice due diligence regarding your customer’s creditworthiness, and refrain from extending credit that is beyond profit margins. Customers at risk for not paying your invoices put your business at risk. Confirming the […]