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Big Companies are Taking Longer to Pay You

Big Companies are Taking Longer to Pay You

If you think it’s taking longer to get paid, you’re right. Small businesses say they are being forced to wait longer to be paid on outstanding invoices – especially when dealing with larger companies. A recent survey says that nearly two-thirds of small businesses have invoices that […]

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Creative ways to grow your business: Small business opportunities online

Creative ways to grow your business: Small business opportunities online

Online ads aren’t just for big companies any more. Reduced costs and user-friendly options have made the Internet an effective marketing tool for even “Mom and Pop” businesses. It wasn’t that long ago that most small business owners believed the Internet wasn’t right for them. When asked […]

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Marketing budgets: how much should you spend on marketing for growth in business?

You’re probably very good – or even great – at what you do. There’s no doubt that you have the skills and ability to provide whatever services or products your company was established to deliver. Unfortunately, there’s also a high probability that your company might not reach […]

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Five Lessons from the JPMorgan Chase Crisis

The banking community was having plenty of image trouble as it was, so JPMorgan Chase did the industry no favors when it was discovered that the firm’s trading department lost at least $2 billion in a series of derivative trades earlier this year. As if $2 billion […]

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Debt management plans: discover the true cost of debt in your company.

Debt management plans: discover the true cost of debt in your company.

Going into debt is sometimes unavoidable when you’re trying to grow a business. Especially for small companies, it can be almost impossible to secure equipment, acquire inventory, and go into production or service without incurring at least some loan obligations. A company’s ability to take on debt […]

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How to Run a Meeting at Work More Effectively and Efficiently

Even in the age of instant, web-based communication it’s sometimes necessary to pull the troops together in the same room. Business meetings. Love them or hate them, they’re a permanent part of corporate culture. You can tolerate them, embrace them, or spend most of your energy trying […]

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Boosting Your Net Promoter Score

Boosting Your Net Promoter Score

If you’re in a business where long-term relationships matter – and that’s most businesses – then a company-wide plan for improving your Net Promoter Score (NPS) is worth considering. A previous post introduced NPS, explained how it’s calculated, and described how a company’s reliance on “bad profits” […]

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The “Ultimate Question” that can Double Your Company’s Growth Rate

The “Ultimate Question" that can Double Your Company’s Growth Rate

A recent press release from Toronto-based Doxim Inc., a provider of content management services to financial companies, did not report the firm’s quarterly earnings. It did not mention a new service roll-out or announce a major personnel change. It didn’t define an acquisition target or respond to […]

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What’s a Customer Really Worth?

What’s a Customer Really Worth?

We live in an information-intensive era. The news cycle runs 24/7. With a click on a tab, we can instantly find our favorite team’s scores, as well as our own credit scores. Today, more information is always preferred to less and ignorance is never bliss. We want […]

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An Invoice Factoring Boom?

An Invoice Factoring Boom?

Companies in more than 70 countries and representing dozens of industries have relied on invoice factoring services for years. Factoring can improve cash flow, make the receivables process more efficient, and allow a company to expand its product and service offerings with less risk than would be […]

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