The recent tornado storms in Moore, Oklahoma caused immense damage, destroying homes, properties, buildings, schools and businesses. For this tornado alone, experts estimate the economic cost could be beyond $2 billion when all is said and done. Some reports state … Continue reading →

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 →

It’s a buzz that can be heard among bookkeepers and accounting professionals across the board: big businesses are adopting a new, 60-day billing cycle. This is extra 30-day delay is causing havoc on all companies especially small businesses

Regardless of the type of business you’re in, this flat economy is affecting everyone. Customers are cutting back their spending, clients are taking longer to pay their bills, and banks and financial institutions aren’t lending. As a result of this … Continue reading →

How to Avoid Issues & Problems with Accounts Receivables Factoring The familiar saying “read the fine print” is true with just about anything in life involving money, and invoice factoring is no exception.