Aaron Zahedani

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Black Friday is Coming, is your Business Prepared?

Posted by Aaron Zahedani on Wed, Nov 19, 2014 @ 08:00 AM

As a wholesaler, your goal is to provide as much inventory to your resellers as possible in preparation for Black Friday and the holidays to follow.  Are you prepared? 

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Topics: Manufacturing and Distribution Financing, About Invoice Factoring, Whoelsale Financing

Accounts Receivable High, Cash Flow Weak?

Posted by Aaron Zahedani on Tue, Oct 07, 2014 @ 08:03 AM

Every company strives for higher sales, however this does not always immediately equate to higher cash flow when you need it. In an ideal situation, customers pay when goods or services are delivered, or at least on time if you have offered terms, but frequently this does not happen. 

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Topics: Cash Flow, About Invoice Factoring, Financing Government Contractors, Cash Advance

How do I Pick a Credit Card for my Business?

Posted by Aaron Zahedani on Wed, Sep 10, 2014 @ 08:02 AM

We love explaining the benefits of accounts receivable financing, and how it is an effective tool for all sizes of business, but there are other tools worth considering. Another way to help start-up businesses in their infancy is the use of a credit card. A recent ‘how-to’ guide in the online edition of the Wall Street Journal, discussed how to pick a credit card for your business.

When a line of credit from the bank is not yet forthcoming, and those first few invoices are not yet large enough for you to qualify for invoice factoring, a credit card may be the answer as a stopgap measure. This also establishes initial credit in the business’s name.

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Topics: About Invoice Factoring, Financing Government Contractors, Credit cards

Temporary Staffing Agencies – How to Overcome the Challenges

Posted by Aaron Zahedani on Fri, Jul 25, 2014 @ 08:00 AM

In our last blog, we discussed the benefits of invoice factoring, and payroll advance when it comes to helping your temporary staffing agency grow, and keeping your temporary staff happy. Now let’s consider some of the challenges that can often stand in the way of success.

In a recent article in the Houston Chronicle online edition www.Chron.com, Kay Miranda discusses some of the problems faced by temporary staffing agencies. She mentions the importance of maintaining a large enough talent pool to serve the staffing needs of the demographic area. Temporary staffing has grown to include many specialist industries, such as healthcare and IT, and the demand for talent has become extremely competitive. This also means that the agency needs to be employing experts in their chosen field to adequately interview and hire temporary staff that will meet the needs of their clients.

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Topics: About Invoice Factoring, Payroll Advance Program for Staffing Agencies, Temporary Staffing Agency Financing

Bay View Funding Works with Hispanic Chamber of Commerce in San Jose

Posted by Aaron Zahedani on Fri, Jun 13, 2014 @ 08:18 AM

Working with local organizations is beneficial to everyone, and Bay View Funding is enjoying collaborating with the Hispanic Chamber of Commerce in San Jose to help educate members about invoice factoring as an alternative, and effective source of accounts receivable funding.

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Topics: Alternative Financing, Cash Flow Solution, Bay Area Community Involvement, Financing Government Contractors

Be Prepared – The Importance of Cash Flow Projection

Posted by Aaron Zahedani on Wed, May 14, 2014 @ 08:34 AM

Projecting cash flow is one of the most vital elements to a profitable business. If the cash flowing in to your business is not matched with the cash flowing out, chances are you will be looking at badly managed cash flow, and a potential crisis.

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Topics: Cash Flow Solution, Solving Cash Flow Problems, About Invoice Factoring, Factoring Accounts Receivable

Why are Accounts Receivable Aging Reports so Important?

Posted by Aaron Zahedani on Fri, Apr 04, 2014 @ 07:53 AM

In order to structure a workable operating budget for your company, it is necessary to periodically generate an accounts receivable report showing the aging process for outstanding invoices for any goods and services supplied.

accounts receivable aging reportThis critical report allows you to carefully analyze the financial reliability of your customers. If one company is consistently late paying invoices, it should send out a warning flag that there is a possibility they are not succeeding in meeting their business goals. This could make them a potentially bad credit risk and therefore a bad account to work with.

To successfully meet monthly operating costs you need a steady revenue stream, and an accounts receivable aging report will show which companies are making regular, on-time payments. Without this information, it will be difficult to maintain a healthy cash flow if you are always worried about late payment on outstanding invoices.

Once you are able to assess which accounts constantly pay late, you can evaluate payment terms with your suppliers and make changes accordingly. For example if a customer consistently pays 5 days later than the payment terms agreed upon, and you have historically accepted the late payment, but your suppliers need payment earlier, you will eventually have problems making payments to your suppliers and jeopardize that relationship. This, in turn, could result in loss of customers, as suppliers lose faith in your company’s ability to pay bills in a timely fashion.

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Topics: Cash Flow Solution, Factoring Accounts Receivable, Financing Government Contractors

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