Part 2 in the Cash Cycle series: Use these cash flow tactics to unlock the working capital you need to achieve your business goals. If you’re running a business, your “cash conversion cycle” (or “cash cycle”) is a vital component of your financial analysis. It tells you how many days it takes for your company […]
What a time to be in this business. Whether you were already selling PPE in the past or not, you may have found that you’ve somehow fallen into the space. Orders are flying fast and furious for face masks, shields, gowns, gloves and that ever-critical hand sanitizer! From cities and government offices to private […]
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 […]
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, […]
If you’re waiting on customers to pay their invoices (and if payment is often past due), you may have a business liquidity issue. Here’s how to avoid the problem… Cash flow and business liquidity is a challenge for all companies at one point or another. Part of the problem might not be your business at all, […]
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 […]
