Entries by Mark Glucki

3 Biggest Financial Challenges Facing Small Business Owners

There are many financial challenges facing small business owners, but with the right guidance and support, you can overcome them to grow and flourish. When the going gets tough, it’s usually finance-related. Here are the three challenges you may be facing with your small business, and tips to overcome them. 1. Positive Cash Flow Every […]

Does my business qualify for invoice factoring?

Follow these quick checklists to make sure your company, sales and invoices fit the criteria so that you qualify for invoice factoring and get approved for more working capital. When the bank denies your loan, you have options. Invoice factoring (also called “accounts receivable factoring” or just “factoring”) could give you the funds you need […]

What is recourse invoice factoring?

Learn about the benefits of recourse invoice factoring and how it can offer you even more immediate working capital. For small and medium-sized businesses, there are many benefits to factoring your invoices. Instantly increasing your cash flow is, of course, the number one reason. But you can also benefit from outsourcing your back office support, […]

7 proven cash flow tactics every CFO needs to know

The CCC is your “cash conversion cycle” (or simply referred to as the “cash cycle”) and it tells you how many days it takes for your company to turn your inventory purchases into cash. The shorter the CCC, the more flexible your working capital, and that is every business owner and CFO’s dream. With a shorter […]

Making sure you safely store your business contracts

Photo Cred: https://edubirdie.com When you finalize your business contracts and seal them with signatures and stamps, they are legally valid documents. Unfortunately, business owners often don’t pay adequate attention to storing their contracts safely for reliable retrieval in the future. Why will you need to retrieve your contracts? It’s important to keep your contracts in […]