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...
What’s best way to cash flow your business? Is there any easy way to capitalize your business? Do you borrow? KEEP IN MIND: Payback can be a bitch … Do you give up equity? What’s the real cost and is there interference or risk? Do you shop for the...
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...
Shopping for Working Capital should be done with knowledge and confidence but how can one do that when it seems that everyone in the world is trying to sell you money? Worse yet: You may not know that you have many alternatives to Working Capital that don’t...
Service businesses, such as staffing, consulting, repair, installation, and many others, don’t have hard collateral; instead, their most valuable asset is a great product or service. As smart businesses provide their services and bill their clients, they convert their...
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