5 Reasons to Consider Using a Third-Party Payroll Service
Most small-business owners consider using third-party payroll services at one time or another. Use this guide to decide if payroll outsourcing is right for you.
Author: Gregory Brown
5 Benefits of Business Networking with Other Small Business Owners
Connecting and Networking with Other Small Business Owners: Small business networking can help you grow your company and help you find more satisfaction at work. Plus, it’s really easy to find networking opportunities even if you’re short on time and cash and aren’t usually a…
7 Cash Flow Management Mistakes Businesses Should Avoid
Cash flow management mistakes can throttle business growth. They’re also incredibly easy to make and can go undetected until serious issues arise. They’re one of the reasons why 90 percent of small businesses sought emergency funding during the pandemic, per the Federal Reserve Banks Small…
Solving Net 30 and Net 60 Payment Terms with Invoice Factoring
It’s common for companies in the B2B sector to offer Net 30 and Net 60 invoice terms, but they don’t always serve businesses well. If your company sometimes struggles to cover expenses or make purchases while you wait weeks or months for payment, you probably…
How a Cash Conversion Cycle Works & Calculating the CCC
As a small-business owner, you’re probably keenly aware of the cash conversion cycle (CCC), even if it’s not something you’re intentionally measuring or monitoring. It’s a measure of business health and, when you’re nailing it, you’ve generally got solid cash flows and plenty of money…
10 Keys to Delivering Great Customer Service
When was the last time you had a really great customer service experience with a company? The type that leaves you smiling and excited to return? It’s been a while, hasn’t it? While most business owners understand that excellent customer service is the lifeblood of…
How Invoice Factoring Can Help You Expand Your Business
Invoice factoring or accounts receivable financing is often leveraged by small businesses as a way to get the working capital necessary for expansion. However, if you haven’t heard of the concept before, you’re missing out on all the benefits a factoring company can offer. Below,…
How to Finance an IRS Business Lien by Factoring
Already have an IRS business lien or worried the government will file one? Often the result of unpaid payroll taxes or other tax issues, liens can stall business growth and make it much harder to pay debts no matter how diligent or dedicated you are….
Important Questions to Ask Before Signing a Factoring Agreement
Invoice factoring is a great way to get immediate cash flow, but much of your experience depends on the factoring company you choose. We’ll explore the basics of the factoring process below and highlight a few questions you can ask as a small business owner…
7 Tips to Increase Your Freight Business’s Profit
Profit margins have always been slim for freight businesses, but the pandemic brought this issue to a whole new level. As carriers and companies in the trucking industry adapt to challenging economic times and strategize their recovery, cutting expenses has been at the forefront of their…
