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
Cash Flow
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
