Categories
- Accounting and Payroll Service
- Best Metrics for Key Performance Indicators
- Best Practices for Invoice Factoring
- Cash Flow
- Compliance
- Extending Credit to Customers
- Factoring
- How to Identify a Business Partner
- Increase Cash Flow
- Money Saving Tips
- Purchase Order Financing
- Setting Priorities
- Small Business Decision-Making
- Small Business Lending
- Small Business Management
- Tech Tools for Small Business
- The Need for Optimism
Q and A on Factoring for CEOs of Small Businesses
CEOs of small but growing businesses can often solve their working capital challenges by entering into a factoring relationship, where they sell their accounts receivables to a factor. Factoring is usually quicker and more readily available and flexible than small business lending. However, there are a lot of misconceptions and myths about factoring in the …
Case Study: Signage Designer and Manufacturer for Major Construction Projects
Our purpose and challenge is to help smaller businesses responsibly grow by helping them manage their working capital needs and providing accounting and general business advice. Every company and industry is different, but one of our clients, a signage designer and manufacturer for major construction projects (“Signage Company”), encompasses a number of the qualities and …
Your Growth Should Not be Constrained by Lack of Funding
A customer approaches you about placing a big purchase order. It’s the break you’ve been waiting for; but, it creates a major dilemma because the customer pays 30 days after the delivery of the product. It will be a while before you actually receive payment, yet you need the money now to pay for supplies, …
Purchase Order Financing Helps Firms Gain Essential Funding Earlier In The Manufacturing Process
Middle market companies that access traditional bank financing often must give up equity in order to gain working capital. As this is not very palatable, there are a few options beyond plain vanilla. In earlier posts we have explored Accounts Receivables financing, but keep in mind there is a second option, namely Purchase Order financing, …
Get Cracking on 2013: Factoring Possibilities with an Existing Lien Holder in Place
As the New Year kicks off, small business owners that are pulling out of a tough 2012 become re-energized to make 2013 their best year ever. Is this you? Are you planning for growth and starting with optimism? Among your alternative scenarios for 2013 — staying steady, growing moderately, or aggressively building out the business …