Financial Jargon for Entrepreneurs: 150+ Terms Decoded
Learning financial jargon for entrepreneurs is a lot like picking up a whole new language. The good news is that there are surprisingly few financial terms new business owners need…
Author: Greg DiDonna
Calculating the Real ROI of a Quick Pay Program in Construction
Trying to calculate the return on investment (ROI) of a quick pay program for your construction firm? The good news is, if youāre a general contractor (GC), you can probably…
8 Smart Investment Tips for Business Owners Seeking Long-Term Growth
Not sure how to invest as a business owner? While the options are seemingly endless, and thereās no shortage of small business investment advice either, it can be difficult to…
The Pros and Cons of Working with a Factoring Company
Should I use a factoring company? Long before anyone signs on the dotted line, this is the question business leaders weigh heavily. The good news is that the advantages of…
Why Your Construction Payment Practices Build or Break Trust
If youāre following āstandardā construction payment practices, you might be doing your subcontractors a disservice and shortchanging your construction companyās growth as a result. On average, general contractors (GCs) think…
Top Business Growth Financing Options by Stage
Trying to uncover your business growth financing options can be challenging, especially when so many are covered in red tape or otherwise blocked. However, new avenues open at each stage…
Subcontractor Financing Solutions: A Definitive Guide
Finding subcontractor financing solutions that actually work is a bit like trying to find a needle in a haystack. However, depending on your needs, business size, and other factors, there…
How Subcontractor Early Payment Programs Build Relationships
From the onset of work until a final check is cut, subcontractors wait an average of 74 days, CURT reports. While this alone calls for better working capital and payment…
Invoice Factoring Costs: Are They Worth It?
āIs invoice factoring worth it?ā Itās a question that weighs heavily on the minds of thousands of business leaders every year. The long list of invoice factoring success stories makes…
7 Proactive Tactics for Avoiding Invoice Disputes
Invoice disputes are a bigger problem than most businesses realize. They can derail your cash flow projections, prevent your business from seizing opportunities, and often result in lost revenue. Plus,…