Factoring vs. Supply Chain Financing: Which is Right for You?

factoring or supply chain financing

No matter which side of the table you sit on during contract negotiations between two businesses considering a partnership, payment terms will always be a major focal point. Businesses providing goods and services want to be paid faster, while businesses receiving them want to delay…

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10 Essential Financial Skills for Business Leaders

Essential Financial Skills

“’Tis skill, not strength, that governs a ship,” historian Thomas Fuller wrote centuries ago, yet the wisdom carries through today, especially in business. Just like a captain navigating unpredictable waters, your business success depends on the skills you master, not just the strength of your…

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9 Proven Strategies for Managing Business Overhead Costs

Strategies for Managing Business Overhead Costs

Profitability slipping or cash flow feeling tight? One of the biggest culprits for small and growing businesses is overhead. By mastering the art of managing business overhead costs and using practical cost-saving strategies, you can boost your bottom line and create financial stability. On this…

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5 Tried and True Ways for Business Owners to Destress

Learn why it’s essential and get simple tricks to destress here.

Some stress is inevitable when you’re running a business. But, letting it go unchecked can have serious consequences for you and your company. Below, we’ll cover a few reasons why it’s essential to destress, then explore some proven business owner stress relief tactics to help…

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Can My Small Business Afford AI Solutions?

How can my small business afford AI tools?

More than two-thirds of small businesses are leveraging artificial intelligence (AI) solutions, according to the latest Small Business AI Adoption survey. However, adoption rates are lower among those with lesser revenue. This is an unfortunate catch-22, as those with reduced revenue often hold off on…

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How to Bet on Yourself for Personal and Business Growth

Bet on yourself 2 1 | How to Bet on Yourself for Personal and Business Growth

Eleanor Roosevelt once said, “The future belongs to those who believe in the beauty of their dreams.” Although her words have stood the test of time, that doesn’t necessarily make having that belief or betting on yourself any easier. On this page, we’ll walk you…

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How to Create an Airtight Business Disaster Preparedness Plan

Disaster Preparedness Plan

Most small businesses think they’re prepared for disasters, yet just a quarter actually are, according to U.S. Chamber of Commerce Foundation research. Perhaps as a sign of the times, most businesses that aren’t truly prepared cite finances. Simply put, planning for emergencies is difficult when…

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Customized Factoring Solutions for Seasonal Businesses

Customized Factoring Solutions for Seasonal Businesses

Eight in ten small businesses say the holiday season is essential to their overall profit, according to the Small Business Administration. Yet, even if your business isn’t impacted by these final few weeks of the year, chances are your sales ebb and flow based on…

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