Are Late Paying Customers your Achilles Heel?

Posted by Steve Barthol on Wed, Jul 22, 2015 @ 08:17 AM

It is hard to turn down a client, or even decline future business because of a few late payments. However, many customers have no idea of the potential disruption they cause to your cash flow when they pay their bills late. What can you do to encourage on-time payment on your outstanding accounts receivable and turn your unpaid invoices into cash

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Topics: Cash Flow, About Invoice Factoring

How Organized is your Credit Policy?

Posted by Seth Herman on Fri, Jul 17, 2015 @ 08:30 AM

When you are offering any type of credit to your customers, it is important to provide them with your credit and collections policy. This means that they are aware from the outset of financial expectations, and of the penalties should they pay late. 

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Topics: Financing Government Contractors, Cash Flow management

How do you Encourage your Workforce to Cope with Increased Manufacturing Demand?

Posted by Aaron Zahedani on Wed, Jul 15, 2015 @ 08:30 AM

A sudden spike in demand sounds like a good problem, but does your business have the ability to increase production quickly? What is the most effective way to encourage your workforce so you can ramp up production when you need to? 

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Topics: Manufacturing and Distribution Financing, Business Growth

Why Small Businesses are Borrowing Less

Posted by Gil Oliva on Fri, Jul 10, 2015 @ 08:00 AM

Small businesses appear to be more reticent about borrowing money. Since the recession, they do not want to take on too much debt and risk the possibility of losing everything. However, loans are available, with the right help and guidance from the bank or other financial institutions. 

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Topics: About Invoice Factoring, Financing Government Contractors

Business Term Loan or Business Line of Credit?

Posted by Gil Oliva on Wed, Jul 08, 2015 @ 11:36 AM

Wondering what is best for your business? There are many options when it comes to seeking capital for the purpose of running and growing your business. When considering between a long-term business loan and line of credit, do you know which would work to your advantage? Most companies need money when starting, building their businesses, or when facing a short-term cash flow challenge. 

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Topics: Cash Flow, About Invoice Factoring, Business Loan

How Accurate is your Cash Flow Forecast?

Posted by Gil Oliva on Wed, Jul 01, 2015 @ 08:30 AM

It is a common problem for companies to find their cash flow forecast is less than healthy, with errors and discrepancies showing up at the end of the year. Sometimes it comes down to items that are omitted, sometimes it is elements that take you by surprise, or sometimes it is simply that you have not been conservative enough in your estimation, assuming a higher percentage of sales than actually occurs. So what are some of the most common reasons for inaccuracy?  

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Topics: Accounts Receivable Management, Cash Flow management

3 Mobile Apps to Help Find a Temporary Position

Posted by Gil Oliva on Fri, Jun 26, 2015 @ 08:00 AM

Are you searching for your next temporary position? Many temporary staffing agencies are utilizing all sorts of apps to find the right candidates, and there are many apps designed to help you find the right staffing agency as well as other temporary positions that would fit your profile. The apps mentioned below are just a few that can be found when searching for apps to help you find a job.

 

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Topics: Temporary Staffing Agency Financing, Staffing Industry

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