As a business owner, one of the most unexpected and challenging dilemmas is when to pay yourself (and in some cases, if you should pay yourself at all). It sounds like a no-brainer, right? After all, everyone needs to get paid. But to savvy entrepreneurs who want to grow their company and see long-term success, […]
About Elif Hiz
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Entries by Elif Hiz
Have you ever faced a stress-inducing problem but did nothing to fix it — simply because you were scared of doing the wrong thing? Sure…we all have. But what if that stressful situation was related to your business cash flow? Doing nothing could actually lead to the demise of your company. However, ‘fortune favors the […]
You may know the costs of choosing invoice factoring to help your cash flow, but what is the cost of not factoring your invoices? For many businesses, invoice factoring is a worthy expense that gives them enough cash flow during critical times of growth or change. But for companies that haven’t made use of this […]
Understanding the cost of factoring fees, hidden expenses and what you’ll really be paying. Cash flow problems are some of the biggest hurdles that growing businesses face. One helpful solution to a cash flow issue is factoring, which has emerged as a flexible alternative to banks when businesses need faster and easier access to cash. So […]
What does a modern business in 2019 have in common with an ancient business in the year 2000 BCE? More than you may expect. For one thing, in 2000 BCE, it was still pretty common for a merchant to sell his goods ahead of payment and to experience a gap in the middle — which […]
82% of new businesses will fail because of one thing. And no matter the industry, that one thing has nothing to do with how incredible a product is or the quantity of time and money invested in it. Rather, it’s because of cash flow. Owning a business is not for the faint of heart — […]
If you’ve decided that invoice factoring is the solution for your cash flow needs, here are the first 4 things you should consider when choosing a factoring partner. For businesses experiencing major growth or change, sometimes the need to access funds emerges faster than accounts receivable can keep up. To avoid the cash flow problems […]
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