In an effort to highlight and emphasize the importance of financial literacy and teach Americans across the country how to properly establish and maintain healthy financial habits, the United States recognizes National Financial Literacy Month every April. As a financial service that helps small business owners and other business professionals work through their accounts receivable [...]
When it comes to creating a sustainable, profitable B2B company, there are few things as important as maintaining a reliable cash flow. No matter what industry you’re in, from manufacturing to enterprise-level technology solutions, it’s vital that you have access to working capital in order to make adjustments in today’s fast-paced market. Have the opportunity [...]
As you probably know already, running a B2B companies is very different from running a business that’s focused on selling to consumers. The art of marketing to other companies is very subtle and nuanced, making one of any number of mistakes could set your company up for failure rather than success. These mistakes include: Making [...]
If you’re a B2B company that finds itself in need of financing for growth or to cover the cash flow problems that often arise in the industry, where should you turn for help? Most financial advisers will tell you to visit the local branch of a big national bank to ask them for help in [...]
No one likes the thought of getting old. In our culture obsessed with youth and outward appearances, the wisdom and grace that typically accompany the aging process often get lost in the wringing of hands about facial wrinkles and decreased mobility. When it comes to the business world, aging loses a little bit of its [...]
It’s a problem we’ve seen again and again: a once-flourishing healthcare business that’s slowly sinking into the red because they just can’t seem to keep a handle on their accounts receivable. This problem is only compounded by the fact that recent changes in healthcare and insurance law have created added pressure on various members of [...]
Most entrepreneurs don’t think about small business lending solutions until they run into cash flow problems. When this occurs, they immediately think of applying with banks and credit unions for traditional commercial loans to help them get through this time of financial leanness. What they don’t realize, however, is that these institutions aren’t in any [...]
Dealing with accounts receivable is an oft-unpleasant but necessary part of doing business, especially in the world of B2B commerce. Companies with accounting departments must have a paper trail of all expenses, so rather than paying cash at the time a service is rendered or product purchased, they’re provided with an invoice from the vendor. [...]
For millions of people, small business is their life, and we mean that literally! Countless people rely on the success of their small business to put bread on the table, a roof over their heads, and to provide a useful service or product for other people. After pouring in all their blood, sweat and toil [...]
It’s been your dream to own a business for as long as you can remember. You worked hard to take it from idea to reality, and over the past few years, you’ve grown enough to bring on a few employees. Everything was great until you started to feel like you were in a little over [...]
