Category: Business Advice
75% OF BUSINESS OWNERS HAVE 28 DAYS OR LESS OF CASH RESERVE

60 Day Plan to Protect Your Small Business

Small businesses are struggling right now. There is no other way around it. 75% of small businesses have 28 days or less of cash reserve, so an indefinite suspension of full operation is going to be a blow. All of that being said, there are some…

Invoices

Why Should You Focus on Improving Cash Flow?

There are so many obstacles to growing your small business. Having enough money to launch, having the time to plan, and managing the stress that comes along with being an entrepreneur is near the top of the list. Cash flow still stands to be the most…

the importance of customer reviews

How to Grow Your Business With Reviews

Customer reviews are important. The Yelp effect shows that reviews affect revenue. A one star increase on Yelp translates to about 5 to 9 percent increase of revenue. 90% of consumers read online reviews before visiting a business. And 88% of consumers trust online reviews as…

fintech loans

B2B Sales Tips

Business to business sales techniques are different than selling to consumers. First, you are more likely to reach a gatekeeper or lower-level manager. The first challenge is catching your prospect at the right time. For cold calling, the best times to call are the first hour of…

Where Are the Gaps in Your Business?

As a small business factoring company, we encourage potential clients to send us their invoices and share how they tackle the invoicing process. Even if we don’t land the client because they don’t need better cash flow at the moment, it’s a mutually beneficial process. Why?…

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…

working capital management

What is Working Capital?

Working capital is the lifeblood of small businesses. You may be making sales and growing revenue, but how does that translate into profit? This is where your working capital and ability to grow without cash flow problems can translate to profit. Having more liabilities than assets…

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…

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…