Jun 28, 2016
Have you ever heard of a company offering a 2% – 10 net 30 discount? Of course! It’s a common practice to reward rapid paying customers … but what does this really cost? A 2%-10 net 30 discount, if you convert it into conventional terms comes out to...
Jun 28, 2016
Which costs you more as a business owner? Discounting invoices to your customer or putting your invoices up for sale via invoice factoring? Worse yet: What are the hazards of a bridge-loan? What costs more? Offering a 1%-10 discount or giving up 3% to a factor for an...
Jun 28, 2016
Most every business owner that calls me says the same thing, “I can’t get my customer to pay. If they did I could grow and I wouldn’t have to borrow.” WOW! HOW TRUE!!!!! We’ve said it before: “A sale of goods or services is a gift...
Jun 28, 2016
With 80% +/- of small businesses failures happening because they lack working capital or because their business capitalization plan didn’t work once they started up and started selling they also fail due to a lack of planning originating from their owner making...
Jun 28, 2016
We live in this world. Business owners and people in difficult situations come to us and their question is the same: “So now what?” First? Figure out why – because it may be simpler than you think! Did you apply to the wrong lender? Were you...
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