Reaching Millennials: A Staffing Guide

Posted by Gil Oliva on Mon, Jun 24, 2019 @ 10:47 AM

By 2020, almost half of all workers in the United States will be millennials, individuals born between 1980 and 2004. Millennials are distinct from other generations having grown up in the internet age, with information technology that was not available to previous generations shaping their unique interests and motivations. This means that strategies that worked for recruiting previous generations may no longer be as effective for securing the top talent. Staffing businesses that adapt to millennials’ needs are more likely to attract this team-oriented and tech-savvy group of candidates.

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Topics: Payroll Funding for Staffing Companies, Factoring Accounts Receivable, Staffing Industry, Invoice factoring

What Is the Cost of Invoice Factoring?

Posted by Gil Oliva on Wed, Jun 12, 2019 @ 11:28 AM

Invoice factoring provides businesses with quick cash they can use to invest in expansion or cover expenses. However, business owners often wonder if it’s the most cost-effective way to obtain funding. Here’s a breakdown of the process, a comparison of recourse and non-recourse factoring, and a look at factoring fees.

 

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Topics: About Invoice Factoring, Cash Flow management, Invoice Factoring Costs, Invoice factoring

Avoid the Net 30, 60, 90 Trap

Posted by Gil Oliva on Wed, May 29, 2019 @ 11:00 AM

You start a business because you’re passionate about what you do. You stay in business because you’re good at it. However, no matter how much you contribute to your industry or how much you excel, you still face challenges managing cash flow. The time between the date you submit your invoices for payment and the time you receive payment often impacts your potential for growth.

 

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Increase Cash Flow with These Tips

Posted by Gil Oliva on Thu, May 23, 2019 @ 02:04 PM

Generally speaking, it is easy for business costs to quickly escalate. Often, companies find themselves needing more employees or materials than they have the cash for, and the shortage can get in the way of growth.

Improving cash flow can make it possible to act decisively when there is an opportunity for growth or a chance for a business to improve product development.

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Funding Options 2018

Posted by Seth Herman on Wed, Mar 21, 2018 @ 10:38 AM

 


At some point, every business needs extra capital to fund growth. If you’re a mid-sized or large business, the amount you need may be a large number. Learn what your funding choices are and how you might use capital for business growth in 2018.

 

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Topics: commercial funding

The Move Toward Sustainability in Business

Posted by Gil Oliva on Thu, Feb 15, 2018 @ 01:06 PM

The trend toward environmental sustainability grows stronger every year, as more businesses recognize the value of going green. Unfortunately, the upfront costs of retrofits, new builds, and equipment purchases can often prevent businesses from making the switch to sustainability. To bridge the gap between cost and benefit, many companies may turn to invoice factoring. Here are some of the benefits of sustainability investments and the reasons to use invoice factoring to secure capital.

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Topics: Business Financing, Trends

Recourse vs. Non-Recourse Factoring: Which is Right for Your Business?

Posted by Gil Oliva on Thu, Jan 25, 2018 @ 09:27 AM

 

All types of financing involve risk. In the field of invoice factoring, the risk is usually derived from insolvent customers. In invoice factoring contracts, either the factor or the client company assumes the risk of nonpayment. Understanding financial risk can help you choose the right type of factoring arrangement for your company’s needs.

 

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Topics: About Invoice Factoring, recourse and non-recourse factoring

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