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, […]

Why a Business Needs a Business Plan

Business planning may be arduous, but skipping this step can leave you uninformed about your firm’s place in the market. The type of information gathered during the planning process can help you foresee potential risks and develop strategies for dealing […]

Six Things You Can Outsource to Grow Your Business

Maybe you’ve got mixed feelings about outsourcing. As a business owner, you realize two things. One, in America outsourcing is still a dirty word. Two, it’s also critical to modern business. Regardless of how you feel about it, outsourcing is […]

How to Increase Sales in a Competitive Market

For 30 years now, the positions that I held required me to do sales. Even as a small business owner, I am responsible for the sales that are generated for my company. The sales profession moves faster than ever today. […]

How To Start Your Own Business

Over the years I have met with many individuals unhappy with working for a company and trying to figure out what they can do to work on their own and the steps they need to take to accomplish this. I […]

Seven Must-Haves for a Successful Business

I have been working with small business owners for more than 30 years; some are very successful, and some are not. I realized that the successful businesses shared some common characteristics. Below are some of the traits and must-haves that […]