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, āThe great enemy of truth is very often not the lie, deliberate, contrived and dishonest, but the myth, persistent, persuasive, and unrealistic.ā Countless examples of…
Imagine running a marathon with only sporadic access to water. Thatās what managing a business without understanding your cash conversion cycle (CCC) feels like. In todayās 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…
āCredit crunchā is more than a buzzword. Nearly nine in ten small businesses say itās impacting their growth, a new Goldman Sachs survey finds. One in five say itās 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 arenāt 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, weāll look at some situations when adding…
If youāre looking for information on how to identify business scams, the unfortunate truth is that, in all likelihood, youāre already a victim. More than two million small businesses are…
