Leaders need to foster and embrace innovation in their companies to unlock long-term organizational success. For businesses in most sectors, continuing to adapt, focus on and embrace innovation is critical when it comes to standing out from competitors and overcoming oversaturated markets — ultimately cementing your long-term success. In fact, according to one study […]
Recession-proof your business with these top tips. In a recession, ensuring your business has enough working capital is not only key to continuing to meet your day-to-day obligations to employees, suppliers and customers – but it can also put you in a position to take advantage of opportunities to grow. We recently explored why it’s […]
As business owners face a recession, the time has come to find the right funding partner to support them as they face new challenges and opportunities. Just as companies are finally moving past the challenges the last few years brought, more economic woes are waiting in the wings. As interest rates rise in both the […]
For companies to get the most out of the benefits of a hybrid workplace, leaders and managers need to ensure their teams are properly supported. While the virtual office was a lifesaver for many companies during the pandemic, it’s clear that it isn’t going anywhere anytime soon — with many employees and business leaders readily […]
While we’ve all heard about the importance of self-care, sometimes taking a different approach to unwinding and relaxing is just what’s needed to avoid professional burnout. You may be living your dream — running a company you’re passionate about and leading a great team. But when your phone is buzzing at 2 am, clients have […]
Catch up on all the latest business news, tips and advice – no matter where you find yourself working (or playing) from with these top podcasts for entrepreneurs. Whether on the beach, in the car or during a short lunch break, summer can be a great time for entrepreneurs to catch up on the latest […]
Conducting a cash flow audit can help you spot areas of weakness in your business so you can correct any issues before they become a bigger problem. It can also highlight areas of opportunity for growth. In nearly every aspect of running a business — whether marketing, sales or finance — knowledge is power. Knowing […]
Finding funding for business growth isn’t always easy. With invoice factoring, you can use your outstanding A/R to accelerate your cash flow. For every business, the path to achieving growth and success looks a little different. Whether you’re reaching new heights because you’ve branched out into a new market, increased sales, added a new […]
Overcome cash cycle droughts with these savvy cash flow management tips. For entrepreneurs and business owners, nothing is more important than positive cash flow. However, between wanting to grow your business, the increasing costs of replenishing inventory, hiring staff and waiting for customers to pay invoices, maintaining a healthy level of working capital can […]
