Tag: business planning
rapid business growth

Business Essentials: Managing Rapid Business Growth

This is Part 2 of a Business Essentials Series: Part 1 Being the owner of a small business means you have some experience with rapid business growth. One day it’s business as usual, and the next it’s wondering how to fulfill a massive purchase order for a…

funding receivables

Things You Need to Start a New Business

Start-ups are a hot topic these days, with many small players having rocketed to the top of the marketplace in the past couple of decades. Here are the foundation elements you need to turn a good idea into a viable business. Things You Need to Start a…

business deadlines

Meeting Deadlines in Business

Always consider the customer experience. Making your on-boarding process as painless as possible means greater customer satisfaction and potentially customer referrals. An important process is communicating timelines to meet your customer’s expectations. How to Meet Team Deadlines Set reasonable time frames and deadlines for your team…

Small Business Cyber-Security Risks

On this episode of #TheMoneyFactor, CEO of Eagle Business Credit Ian Varley and CEO of ASC Group Alan Adcock discuss cyber security and top risks to small businesses. There are IT issues that can cost your business and cyber security risks that a small business owner…

small business invoice financing

Business Essentials: How to Create a Business Invoice

This is Part 1 of a Business Essentials Series: Part 2 If you are a business selling to other businesses on credit terms, you will be issuing invoices. At minimum, a business invoice details: what you are selling, how much you are selling it for, when you…

Growing Your Business in 2020 | #TheMoneyFactor

Assess how the business performed in 2019 Prepare an updated business plan for 2020 Involve your staff in setting goals for the year Prepare a simple financial forecast, to include estimated revenue Make sure you have enough money to do what you need to do Review…

How Can Accounting Receivable Financing Help Your Business?

If you’re searching for a means to increase your working capital without taking out a bank loan, borrowing from friends or family or using your credit cards, there’s no need to look any further. You can try financing your accounts receivable in Austell, GA, as a funding solution…

business credit services

Avoiding Unnecessary Business Costs

Growing businesses can find themselves strapped for cash. This is because expansion means rising costs in overhead, supplies, and payroll. 82% of business failures are caused by cash flow, so it’s important to trim down the unnecessary costs of business. Even running a lean operation, chances…

increasing employee retention

How To Increase Employee Retention:

Employee retention is increasingly important to businesses both large and small. With low unemployment rates, companies are competing for both attracting and retaining top talent. It costs an average of 33% of an employee’s salary to find a replacement, and it can increase to 50% when…

recession incoming

Online Lending During a Recession

There is a lot of discussion about online lenders and the inevitable upcoming recession. While many online lenders are willing to take risks in lending to businesses currently, these risks will be far and few between as a recession sets in. The 2008 recession saw bank…