Cash is king when it comes to the financial management of a growing company. If the lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the problem, the […]
Ten Tips for Improving Customer Service
The way your customers feel toward you is important. The more you show you care about them, the more they’ll likely want to continue working with you. Customer service is an integral part of our job and should not be […]
5 Ways to Keep Your Business Alive During a Slow Season
Even after a highly successful stretch, a slow season can come along and make your year-to-date profits seem obsolete. The dreaded slow season, which varies by type of business and location, is often a business owner’s worst nightmare, but it […]
12 Steps to Successful Entrepreneurship
Entrepreneurship is a goal to which many wish to aspire. But, why do so many fall short? In my two decades of helping small business owners to grow their businesses, here are 12 things that I often see overlooked. 1.) […]
Five Things Prospective Investors Look for in a Business Plan
Before writing a business plan, put yourself in the place of a potential investor. Consider what they might be looking for when reviewing your document. Obviously, investors expect to see the details of the business, such as the type of […]
How To Improve Your Credit
In a segment that aired on Sunday, Feb. 17, 2013, Steve Kroft from “60 Minutes” reported that a recent Federal Trade Commission study shows that an estimated 40 million people have errors on their credit report. To further the problem, […]
Finance Your Start-Up with Credit Cards
“Guitar Hero III”: Legends of the Rock” became the highest grossing game in U.S. history in 2011. And to think Charles Huang, the former partner of Harmonix and designer of the little plastic guitars, maxed out his credit cards to […]
What Are Your Goals For 2015?
Business doesn’t have to be hard. It doesn’t have to break your finances, your life balance or your spirit. It can be enormously joyful, profitable and help thousands of people. It can be a living embodiment of spirit. You CAN […]
Medical Accounts Receivable Factoring: A Cash Flow Solution for Healthcare Providers
As a medical provider your biggest asset is your accounts receivable (“A/R”) – the payment you expect to get from Medicaid/Medicare, HMOs, private insurance, personal injury lien settlements, or worker’s compensation insurances. Unfortunately, due to the current inefficiencies and bureaucratic […]
Manufacturers Factor Receivables from Government Contracts
If you are the owner of a manufacturing business, have you considered selling to the U.S. government? If not, you could be missing out on a tremendous opportunity for growth. Hundreds of agencies operate within the U.S. government that uses […]