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Small Business Management

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 …

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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 …

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New Year’s Resolutions for Business Owners

We have all been told year-in-year about making New Year’s Resolutions. Giving up smoking, losing weight, eating your vegetables…all good stuff! But what about making some New Year’s Resolutions to better your business? Resolutions, if carefully thought over and properly planned, can be a powerful tool to boost your business in 2014. Let’s have a …

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Are You Managing Your Cash Flow Effectively?

Healthy cash flow is the lifeblood of any business. Too often, small businesses find themselves so cash-strapped that interferes with their growth as well as day-to-day operations. Fortunately, there are steps you can take to improve your cash flow management. Here are five strategies to help you manage cash effectively: 1) Keep Track The first …

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