Asset-Based Lending: The Cost of Capital v. Opportunity Cost

In the world of Asset-Based Lending (“ABL”), Accounts Receivable Financing and Factoring, many times the first objective we hear from a potential prospect is, “I can’t afford alternative financing because it’s too expensive.”  While that is certainly a valid consideration, […]

The Top 10 Reasons Why Small Businesses Fail

Why do some businesses succeed when others fail?  While it may seem to be a matter of luck, in reality there are common mistakes that kill many small businesses before they ever get off the ground.  Give your startup a […]

Survive and Thrive – in Business

Year Three….hard to believe it has gone by so fast. I reflect back to the fall of 2010 when I decided to leave Corporate America after 30 years to take that leap of faith and start my own business. With […]

End of Year Checklist for Every Business

For small business owners the end of the year means more than holiday parties and last-minute shopping, it’s also the time to get business in order for the New Year.  While it may be hard for small business owners to […]

Tips on Setting Your New Years Business Goals

Set Specific Goals Setting goals is important.  That is how you convert abstract IDEAS (i.e. cut expenses, increase sales) into specific, concrete TARGETS (i.e. reduce G&A by 5% before the next stockholder meeting, increase sales of retail brands by $60,000 […]

Understanding Alternative Financing

WHAT IS FACTORING?  A financing method in which a business owner sells accounts receivable at a discount to a third-party funding source (factor) for immediate cash. In a typical factoring arrangement, the client (you) makes a sell, delivers the product […]

Bartering Small Business Services

Remember when you were a kid and traded a bag of potato chips for a peanut butter and jelly sandwich at lunchtime?  The concept was simple and two people received something they really wanted without any exchange of money.  Today’s professional service […]