COVID-19 has forced many to reevaluate their finances or completely change course with their business endeavors. While it’s certainly a difficult and complicated time for everyone, new startups and small businesses have been particularly hard hit as the pandemic rages on. Not only does this hurt entrepreneurs and business owners, but it also hurts the economy at large. The … [Read more...] about How to Maintain Cash Flow During COVID-19
Cash Flow
What is Digital Cash Management Solutions for Corporations – Edgeverve
What is Cash Management? The process of management of cash inflow and outflow within the organization or amongst various businesses is known as cash or treasury management. Cash management is a primary aspect of any industry's financial stability. It is essential for organizations and individuals equally. Edgeverve’s cash management software platform offers sophisticated … [Read more...] about What is Digital Cash Management Solutions for Corporations – Edgeverve
5 Key Benefits of Invoice Financing for Your Small Business
Does your business often deal with cash flow issues due to pending invoices? Issues with cash flow can be a major inconvenience and if you don’t deal with it ASAP, it can potentially ruin your business. If you need cash in a pinch and you have a number of unpaid invoices, you might want to check out invoice financing. What is Invoice Financing? It can be stressful to … [Read more...] about 5 Key Benefits of Invoice Financing for Your Small Business
7 Techniques to Improve Cashflow
Small business owners don’t need to hope for miracles to solve their cash flow problems, according to accountant Caroline Jordan, a business coach and author of the paperback book, Stop the Cash Flow Roller Coaster, I Want to Get Off! “Small business owners have more control over their cash flow than they realize,” says Jordan. Based on financial rescue missions and cash … [Read more...] about 7 Techniques to Improve Cashflow
Why Small Business Invoicing Is Still Important For Home Businesses
Invoice is essential for any business. It’s the document you send to your customers to inform them about the details of the payment for the services and products they’ve availed from you. Invoices also help keep a record of payments or offering credit terms to customers. The document includes details such as invoice number, descriptions of early payment incentives and late … [Read more...] about Why Small Business Invoicing Is Still Important For Home Businesses
6 Ways to Improve Your Cash Flow Today
As a business owner, waiting to get paid can be nerve-wracking. Piles of outstanding invoices take a toll on your monthly balance sheet. In fact, a recent U.S. Bank study estimated that small business owners have an average of $84,000 worth of outstanding invoices each. Don't join this group and risk closing your doors. Follow these six ways to improve your cash flow … [Read more...] about 6 Ways to Improve Your Cash Flow Today
How to Take the Headache out of Customer Payments
When you’re busy running a small business, there never seems to be enough hours in the day. From handling customer service, sales, and marketing tasks, to taking care of paperwork, leading a team, and more, there are plenty of things that can cause stress for entrepreneurs day in and day out. However, one area of business that can really be a headache, particularly if it … [Read more...] about How to Take the Headache out of Customer Payments
8 Little-Known Facts About Receivable Factoring
Most entrepreneurs know too well a handful of financing tactics: enticing investors, entreating bankers, and asking family and friends for loans. These common ways of obtaining cash tend to be demeaning and demoralizing, but business leaders are willing to do it for the money. Meanwhile, receivable factoring is a financing solution that few in business fully understand; … [Read more...] about 8 Little-Known Facts About Receivable Factoring
6 Tips to Increase Cash Flow of Your Retail Store
Cash flow is an on-going challenge for independent retailers, as it is for many small businesses. Sales growth remains modest at best, and credit remains largely unavailable to many independent retailers. That puts many squarely behind the eight ball. Tips to Increase Cash Flow Here are 6 tips that can help you drive more dollars to the bottom line: 1. Focus your marketing … [Read more...] about 6 Tips to Increase Cash Flow of Your Retail Store
How a Merchant Cash Advance Can Help Your Small Business
The tight lending market has spurred demand for alternative sources of financing for small businesses. One potential source of funds is the merchant cash advance. How Merchant Cash Advances Work Small businesses looking for quick access to capital can use merchant cash advance services. Cash advance providers offer businesses upfront and lump sums of money in exchange for a … [Read more...] about How a Merchant Cash Advance Can Help Your Small Business
