The economy took a nosedive in 2008-2009, and as a result, companies were reluctant to hire permanent employees. Instead, they were turning to temporary staffing agencies to fulfill their needs….
Even the most well-established businesses have struggled with improper or inconsistent cash flow. Your sales may be in great shape, but if your customers are not paying invoices on time,…
I always tell small business owners that if they can secure bank financing to meet their working capital needs, by all means, go for it. Banks have their purpose, but…
Creative Business Financing Once you burn through your own cash and that of your family and friends, it’s time to consider other sources of financing to grow your business if…
Financing your small business can be a complicated endeavor. The number of options can be intimidating. Big banks, community banks, private capital, non-bank lenders, factoring companies, fintech companies, or private…
Having been both a leader and entrepreneur in the finance industry for the past 20 years, I’ve learned the value and importance of an advisory board. Entrepreneurs thrive on developing…
Business Development Means Different Things to Different People Some may consider developing new products or services to be business development. To those on the sales side, it may be identifying…
Customer service is always being discussed, from news stories and business books lauding those companies with the best customer service to companies competing with each other by debating which firm…
“The time to repair the roof is when the sun is shining.” – John F. Kennedy. A normal business cycle expansion phase lasts about five years. At more than 10…
Maintaining Healthy Cash Flow Practices is Key to Sustaining and Growing any Business Constantly monitoring, analyzing, and adjusting for economic downturns, seasonality, competition, and industry trends can position a company to…
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