2012 Year End Approaching
As happens every year, the year end is quickly approaching. Many small businesses may need extra working capital for year-end expenses. There are not a lot of choices when funds are needed quickly. A...
View ArticleSmall Business Planning for the New Year
It is that time of the year when small business owners should begin thinking about a preparing a plan for 2013. Having a plan is an important driver to success. At a minimum, the plan should cover a...
View ArticleWhat’s The Plan?
It’s a new year and every small business owner should have a plan in place for 2013. Ideally, a plan should cover a two year period of time and should be reviewed every six months making adjustment...
View ArticleAccurate Financials Required
Most in the industry know that factoring companies tend to have more business during downturns. And now that the economy is in a credit crunch, small business owners are flocking to invoice factoring...
View ArticleLack of Capital
Over 70% of small business that close state that there was a lack of capital. Many individuals start new businesses to get away from the corporate world, layoffs, good ideas and other reasons....
View ArticleWaiting for the Bank? Don’t Hold Your Breath
With all of the talk of banks lending more, it does not seem to apply to small businesses. A recent report provided information that indicates that lending to small businesses in 2012 was only...
View ArticleNeed a Small Business Loan?
Are you looking for a loan for your small business? Be prepared! Too many small business owners go to the bank to request a loan but are woefully unprepared when meeting with the banker. Not too many...
View ArticleThe Factoring Transaction
There are 3 parts to the typical invoice factoring transaction. First is the “advance,” which is determined as the percentage of total invoiced dollar amount. The advance gets paid as soon as the...
View ArticleTime for a Checkup
One quarter into the new year its time for a Small Business Checkup. This is a good time to verify that your business is on target and is meeting the objectives set out in the business plan. There is...
View ArticleChecking Your Customers
Not getting paid by a customer? Many small businesses jump when a prospective new customer shows up and are mainly interested in the amount of the order not the quality of the customer. This can be...
View Article
