5 Suggestions To Help You Start a Successful Business
Entrepreneurs know that starting a business takes a tremendous amount of time and energy. Most entrepreneurs start a business that they are passionate about. This passion is very helpful as the business will demand most of your time. Passion and enthusiasm are important to starting a new business but keep these suggestions in mind to […]
How Healthcare Staffing Companies Use Accounts Receivable Factoring
Healthcare staffing companies are faced with a unique set of financial challenges. They must constantly pay their employees, even when they are not receiving payment from their clients. This can create a significant cash flow gap that can be difficult to bridge without outside help. One solution that many healthcare staffing companies turn to is […]
Receivable Factoring for Manufacturing Companies
Receivable factoring is a financial tool that allows manufacturing companies to receive immediate payment for the goods and services they provide, rather than having to wait for their clients to pay their invoices. Here’s how receivable factoring works: There are several benefits to using receivable factoring for manufacturing companies: Overall, receivable factoring can be a […]
Fund Your Payroll With Receivables Factoring
Business owners are constantly solving problems. Having to improvise when a crucial shipment is delayed, rearrange work schedules when an employee is sick, and working extra hours when a project is running late. Having enough money for the next payroll is a problem that will keep many an entrepreneur up at night. Count the Costs […]
Control Working Capital With Invoice Factoring
Business owners know that managing working capital and maintaining positive cash flow is critical to surviving as Small to Medium Size Enterprise. This is challenging, especially in the start up phase. Business owners looking for additional financing to enhance their cash flow are often disappointed when banks explain that they are not start up lenders. […]
Get Startup Business Funding: Invoice Factoring and More Solutions
Looking to raise money for your startup? Raising money is the hardest challenge many entrepreneurs face. Most entrepreneurs make numerous pitches before an someone agrees to invest in your startup. Of course, you have to have a solid business plan. Are your financial statements correct? Do you have a strong management team? How long before […]
Invoice Factoring Rescues Staffing Agency
As this year closes many staffing companies are preparing for the coming year. Staffing agencies have to constantly align the demand for their services with the changing workforce. Budgets and forecasts for the coming year should also be reviewed. Confirming that you have access to growth capital is also a top priority for 2023. Demand […]
When A Factoring Company Helps The Most
Entrepreneurs continue to start new businesses at a steady rate. For many people, the goal of owning their own company, being their own boss is the driving force. Others want to create more jobs and deliver a better product or service to their customers. One trait that all start-up businesses have is a limited amount […]
Four Common Misconceptions About Invoice Factoring
The last two years has seen a record number of new businesses start. This trend is continuing as more people decide that now is the time to pursue their dream of owning their own company. With this tidal wave of new businesses, you’d think that access to working capital is abundantly available. Not so, banks […]
Lessons Learned From Comparing
Business owners can catch themselves comparing their business to other companies. Most business owners will compare their business to more established and successful companies. This rarely teaches the business owner any valuable lessons, besides to start your business with more capital and have a boardroom of successful investors. Many lessons can be learned from struggling […]
