Tag: growing
how to network

Business Essentials: Networking

This is Part 3 of a Business Essentials Series: Part 1 | Part 2 Love it or hate it, networking is essential for small business owners. The end goal is business growth. Networking does not have to start at a trade show or event, and networking…

growth plateau

How To Push Past Growth Plateaus

Causes of Plateau Business plan ill-equipped to support growth Lack of Personnel Financial Constraints Market Competition Growth plateaus are common for any business. Typically, they are a part of the small business growth cycle: expansion, plateau, expansion. Prolonged plateaus could be indicative of a more serious…

invoice factoring for staffing companies

Invoice Factoring for Staffing Companies

Staffing factoring is crucial to a staffing company’s balance sheet. Payment terms with clients mean a gap in available working capital for staffing businesses. Your employees need to be paid on time, but you are waiting for your clients to pay. Here is where invoice factoring…

importance of working capital management

The Importance of Working Capital

Working capital is the lifeblood of businesses of all size. Small businesses selling to other businesses on credit terms often have a cash flow crunch while waiting for payment on open invoices. What Is Working Capital? Working capital in business is defined as a company’s assets…

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…

small business funding

Eagle Eye: Why Do Most Small Business Fail?

Why Do Most Small Business Fail? Small business ownership is the lifeblood of the American economy with over 99% of companies being classified as a small business. Entrepreneurs take the risky leap into working for themselves, and there is a lot of passion, time, and money…

working capital funding strategies

FAQ About Working Capital Financing

Q: What is the importance of working capital? A: Working capital is your company’s assets minus liabilities. This number is inflated compared to the available cash in your business due to the amount of money often tied up in accounts receivable. Working capital is the pulse…

invoice factoring no credit check

Invoice Factoring Bad Credit

Fast Business Funding With Bad Credit Finding a business loan for your new or growing company is hard enough. With all the financing options and each option promising to be the best for your business, it can be confusing to understand exactly what your business needs.…

Is Invoice Factoring Worth It?

As a small business owner, you are faced with endless options for business funding. You’ve probably considered a bank loan, a line of credit, an online loan, crowdfunding, bootstrapping, or even a merchant cash advance. Maybe you’ve even considered receivables funding like invoice factoring. There is…