Let’s face it – unsteadiness of cash flow cycle is the worst nightmare for a small business and there is sometimes seem to be no escape, but the right kind of financing such as accounts receivable financing may be your solution. Uneven cash flows restrict growth of businesses, leading them out of business due to
It’s that time of year again! 2017 is right around the corner, and for many business owners that means doing a financial review of the progress they made in the past twelve months. The year-end review is important for a number of reasons. It allows you to measure your business’s growth and progress so far,
If you ever go to the hospital or even for a check-up at the doctor’s office, one of the first things the nurses do is check your vital signs. These are the critical factors that are used to determine the state of your overall body function such as pulse rate, temperature, and blood pressure. Though
It happens that, to penetrate into market and extend their customer base, companies extend credit to their customers, and in due course suffer cash crunch. Late payments only exaggerate the already existing financial problems. Small businesses need steady cash flows to thrive. To meet growing expenditures and comply with customer demands, a small business is
It is quite an unbeatable fact that for every kind of business you need cash. It is like a king that rules the market. One cannot deny the paramount importance of cash and its contribution toward the growth of any small, medium or large business. You may say that profit, market share or your business
Everyone has a dream of becoming their own boss. No one in this world likes to work under someone. But, most of them are working under their bosses because of two reasons, either they do not have a dream to establish their own business or if they have a dream then they do not have
Do you know that most of the start-ups succumb to cash flow pressure in just 2 years of their tenure? Do you think there isn’t any way out? Well, a smart business owner knows that when his enterprise is changing gear and making a paradigm shift towards growth, there is a need for faster cash/
Invoice factoring gives a company enjoy the freedom of gaining financial stability without adding any debts to its balance sheet. It is the best way to improve your credit rating and sustaining through tight cash flow. With banks tightening their norms and dictating their ways to get back their funds, a reliable invoice factoring company
In the first three posts of this series, I covered what you need to know about small business financing, how to align your funding sources with your funding needs and alternative sources for working capital. One of the important alternatives by which you can increase your working capital is through accounts receivable factoring. In this
Thinking about your business financing, factoring financing, and po financing are all key parts of planning for a growing business…the product is important but not as important as the finance that will make it a reality. According to the U.S. Small Business Administration, about 50% of all small businesses close within their first year of
