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…
The benefits of invoice factoring cannot be overstated. Most businesses with B2B invoices qualify, and it provides you with an instant injection of working capital that you can use however…
A factoring notice of assignment (NOA) is usually required when you factor your invoices. Rest assured, NOAs are quite common in business and aren’t a cause for concern. However, it…
Although you may be perfectly capable of managing day-to-day activities, building a business financial team will become imperative as your company grows. Below, we’ll look at some situations when adding…