Cash Flow Management for Janitorial Businesses: Take advantage of every opportunity to save money When you choose invoice factoring as the business funding for your janitorial business, you can take advantage of payment discounts, avoid paying late fees and penalties, and otherwise use your boosted cash flow […]
Read more →Lack of business funding is one of the top challenges in business today, reports the National Small Business Association (NSBA) 2016 survey. The 2016 Mid-Year National Small Business Association (NSBA) Economic report reveals 21% of business owners surveyed listed a lack of available capital as one of their […]
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Watch out for Sneaky Invoice Factoring Tricks! Invoice factoring can be a great financing option for your growing company. Factoring can get money into your bank account faster and make your cash flow much more predictable. Predictability lets you stay current on your payroll and tax obligations, […]
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Terrific Wage News for IT Temp Employees Translates into a Cash Flow Management Problem for Information Technology Staffing Services Agencies. A recent study shows that IT experts who work for temporary staffing agencies make 20% more in wages than their counterparts who work a full time job […]
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Invoice Factoring Companies Expertly Address a Challenge Unique to Staffing Firms. Today, I will spotlight one industry that greatly benefits from receivables factoring; staffing firms. More specifically: Temporary staffing agencies, Nurse staffing agencies, Medical staffing agencies, Information technology staffing services Engineering employment staffing services. For many staffing […]
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It depends on whom you ask and how certain terms are defined, but some experts believe that more than 90 percent of small business failures can be attributed to cash flow management problems. The amount of cash coming into your business must be more than the amount […]
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Four Reasons to Consider Invoice Factoring Industry estimates place annual invoice factoring at nearly $120 billion annually in the United States, alone. Factoring has been around for centuries, and has helped businesses in at least 70 countries. Factoring has worked effectively in industries as diverse as manufacturing, […]
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If you were told you could improve your company’s cash flow management, speed up your receivables, stay current on payables and have funds to expand your business – all without taking on more debt – you’d probably think it’s too good to be true. But that’s the […]
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Every industry has to deal with its share of misconceptions and the invoice factoring business is no exception. Despite widespread acceptance in dozens of industries and thousands of companies, factoring is still misunderstood by many business owners and operators whom it could benefit. Concerns tend to focus […]
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So how’s your cash flow? Running a successful business depends on having enough cash on hand to meet your obligations in a timely manner, and that’s why thousands of business owners and operators have come to appreciate the advantages offered by invoice factoring. Convenience and more immediate […]
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