The Olympic Games are all about sports competition, athletic ability, and national pride. Yet if you run a business, the Olympics might be all about numbers. This year’s Winter Games, controversially held in Sochi, Russia, will attract audiences the world … Continue reading
Category: Factoring Receivables
After the singing of “Auld Lang Syne,” ball dropping and much noisemaking celebration, the year 2014 is now upon us. Many of us are getting a footing in the New Year as the pace of work, business and life returns … Continue reading
Though it has a history of use going back hundreds of years, factoring accounts receivables remains a puzzling activity to many in part because of confusion and misinformation.
Traditionally invoice factoring has been used in the clothing and garment industry due in part to the multiple components involved in making a particular article of clothing. With raw textiles coming from one overseas location, the finished product being manufactured … Continue reading
Call it default human nature but most of us are resistant to change, even when we know in the long run that the change would probably be good for us. We get comfortable with the current pace of things, we … Continue reading
Running a medical office, small hospital or other medical center has its unique set of challenges, such as balancing high quality care with patient affordability. From payments made by government agencies such as Medicare / Medicaid to those made by … Continue reading
If you are a business owner looking to infuse some quick cash into your company, you have many options to choose from, including merchant cash advances and account receivables factoring. What are the two financing methods and how are they … Continue reading
Rapid business growth is sometimes called the curse of getting what you wish for. After all, you want growth for your business but too much of it at once can actually cause your business to collapse under its own weight.
Unable to reach an agreed-upon deal, the U.S. federal government announced it will put into place the much discussed sequester, an widely unpopular effort to reduce debt by cutting a number of spending programs from both the defense and other … Continue reading
There are not many certainties in life but one thing you can know for sure is that people will not pay their bills on time in a struggling economy. Maybe they are taking advantage of the poor economy excuse or … Continue reading