Money

Sales vs. Collections: The Battle Between Growing Revenue and Cash Flow

When you hear the word “collections” it conjures up images of nasty warning letters, harassing phone calls, Repo Man and maybe a scene out of Goodfellas. Those types of collection methods, legal or not, might be part of the collections process at companies…

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Trends

Perks of Working for the Underdogs

As a college Senior with the impending doom of entering the real world, the process of looking for a job feels less like embarking on an adventure, and more like a fight to the death with my peers. In this…

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Money

Industries That Can Use Invoice Financing to Their Advantage

While nearly any business that issues invoices can benefit from invoice financing, there are a few industries that have the most to gain by leveraging this source of alternative financing. Invoice financing and factoring is ideal for companies who use…

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Money

SBA Loan Program on the Spending Chopping Block

Last week the White House announced that government spending cuts due to take effect March 1 would greatly impact the average American and the U.S. economy. On Monday, it brought forward that the Small Business Administration’s guaranteed loan programs are on the…

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Management

Scale Your Small Business: 5 Customer Service Tips That Will Help Your Business Grow

You’re at the point where you can officially label your small business as a “success” but you can’t seem to take it to the next level. Just because your marketing strategy is top notch doesn’t mean the customers will continue…

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Money

Bank Financing for SMBs May Get Tighter Thanks to Federal Regulations

You likely have heard about the new regulations, Dodd-Frank and Basel III—both directed at the financial services industry—and given little notice. But if you’re a small business owner reliant on a local or community bank for your bank financing, you…

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Trends

The Cliffs of Uncertainty

Uncertainty seems to be the word of the moment. Whether it is about recession and recovery, the elections, federal policies on taxes and healthcare (etc.), uncertainty seems to have caused many businesses, particularly SMBs, to remain in a holding pattern…

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Money

Factoring Gives Invoice Financing a Bad Name

When I tell someone that I work for an invoice financing company, one of two things usually happens. About 30% of the time, I’ll receive a blank look because the person has never heard of invoice financing. I like these…

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Uncategorized

Monetizing Data: The Holy Grail of 21st Century Businesses

In today’s world of Big Data, SaaS, virtual products and services, data is king. Companies from the earliest stage tech start-up to the most established brick and mortar want to find ways to monetize their data. For many small and…

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Money

Confused About the Small Business Lending Climate? You’re Not Alone

If you move beyond the numerous headlines about the presidential race, you’ll find a debate going on in the news over whether small business lending has improved or not. This need to know is driven by the fact that small…

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