If you’re trying to build a loyal customer base and boost revenue, focusing on customer retention will get you there. On average, your top ten percent of customers spend twice…
Tens of thousands of small businesses across the U.S. say they regularly turn to invoice factoring for their business funding needs, according to the latest Small Business Credit Survey. And,…
Struggling with late payments? It’s a common problem for small and medium-sized enterprises (SMEs). But that doesn’t mean you have to accept it, especially when it has the potential to…
Seven in ten small business owners say they’ve lost sleep over their cash flow, according to Intuit surveys. If this sounds familiar to you, or you’ve been spending more time…
There are 12 federal holidays, often referred to as U.S. bank holidays, throughout the year(one of which is only every 4 years). Because they often impact everything from customer behavior…
Did you know that crafting a business plan is one of the most important things you can do to ensure business success? While putting pen to paper can be challenging,…
John F. Kennedy once said, “The great enemy of truth is very often not the lie, deliberate, contrived and dishonest, but the myth, persistent, persuasive, and unrealistic.” Countless examples of…
Imagine running a marathon with only sporadic access to water. That’s what managing a business without understanding your cash conversion cycle (CCC) feels like. In today’s fast-paced market, the ability…
Two-thirds of small businesses admit they struggle with cash flow issues, and about half of those who do also find it challenging to keep up with vendor payments and other…
“Credit crunch” is more than a buzzword. Nearly nine in ten small businesses say it’s impacting their growth, a new Goldman Sachs survey finds. One in five say it’s causing…