Tag: cash flow
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 invoice factoring

How to Qualify for Working Capital Loans

A working capital loan can be a great way to receive a quick influx of capital for your business. Although there are a lot of loan options for small businesses, many of them require long-term payments, and the requirements are sometimes fairly demanding. For many companies,…

accounts receivable financing companies

Common Invoicing Problems

Invoicing is an expected burden of business. When selling to other businesses, credit terms and invoicing are a part of the package. This means that a simple delivery of goods or services performed can become more complicated with the drafting, delivery, and collection of invoicing. However,…

graduate to bank financing

What are some things to look out for with small business funding?

Business financing comes with a lot of options and lots of benefits and costs to your small business growth. When comparing financing options there are a few critical areas to examine. Overlooking this step in researching your future financing partner may lead to unfavorable financing that damages…

working capital management

Working Capital Management Practices

According to a report by The Hackett Group, larger firms take longer to pay their invoices. This ability, due to the size and power of these companies, improves their cash flow by having longer and longer payment agreements with suppliers. By waiting to pay suppliers, sometimes…

overcoming small business challenges #TheMoneyFactor

Overcoming Current and Future Small Business Challenges

I’ve been in the industry for almost 30 years like my guest, Kris. I can honestly say we’ve been through a lot of recessions before, but I don’t think either of us have ever experienced an overnight shutdown of the economy quite like this one. I…

importance of working capital management

Understanding Credit Risk

Now more than ever, it is so important that you increase your working capital in order to protect your business. A recession and global pandemic means that every business is shaken up. It is definitely possible that some of your customers will be unable to pay…

business loans

Can You Afford to Hire More Employees?

Every small business owner loves to see their company grow. With growing sales, however, comes growing expenses. One area of your business that will need more investment is your team. It’s important to add members to your team before you get so busy that things start…

removing a tax lien

Funding Through an IRS Tax Lien Against Your Business

When your business forgets or cannot afford to pay taxes to the IRS, they can file a lien against your company. What is a tax lien? It’s a government claim on your assets over other creditors. Failing to file on time and failure to pay your…

invoice with paid stamp

Bridge the Gap Between Sales and Collection

If you sell to other businesses on credit terms, there is a cash flow gap you have to overcome with each new sale. Your sales may be increasing, but when you have to wait 30 or 60 days to collect on your open invoices, your cash…