Business clients in some industries can take more than one month to pay for the goods and/or services rendered to them. In such cases, companies can sell their invoices to third party companies known as factors. This method of business financing is known as invoice...
Many small businesses often suffer from cash flow problems, which, in turn, play a role in disrupting the smooth flow of business operations. During such times, in most cases, there is a major disparity between the completion of the work versus the duration it takes...
Operating a business is not as easy as everyone pictures it It requires commitment, determination, indomitable will power, patience, and a lot of luck. And, it is fairly common for small businesses to have cash flow problems. Many businesses also work on business...
If you own and operate a B2B business, chances are that you have faced cash flow problems in the past. Businesses can suffer tremendously when they face cash flow problems. Of course, you might have piles and piles of outstanding invoices, but what good are they when...
Most businesses are looking ways to expand their everyday operations or start new projects. These new advancements are important for the survival and progress of a business in a competitive market. However, such instances also require the business to raise cash for...
Reports published by the American Trucking Association estimate that there are at least half a million trucking companies in America. Now, here´s the interesting part of it – more than 80 percent of these companies have less than 20 trucks! Trucking companies...
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