Category Archives: Finance

Could Invoice Finance Save Your Business?

Invoice finance is a useful tool used by a number of businesses in the modern age. It involves selling your customer invoices to a third party (the factor) for a large percentage of its value (usually around 80%). While that might not sound attractive upfront, there are some significant upsides to consider. Once the customer has paid the accounts receivable ... Read More »

Try A Recurring Revenue Model To Generate Consistent Cash Flow

Most businesses struggle to stabilize their cash flow. Their are many accounting, managerial and strategic benefits to having consistent revenues. As you can guess, a recurring revenue model is one of the best ways to help your business finances. The shift from one-off sales to residual income could be exactly what your company needs. As a business owner, you owe ... Read More »

Dealing With Debt For Business Owners Thinking About Bankruptcy

If you are a business owner in debt, you are not alone. According to CNBC, US households have over $16,000 in credit-card debt alone because many rely on credit cards to pay for day-to-day necessities. Ignoring the bill collectors will only increase your money woes, not mention your anxiety. The sooner you face up to the situation, the sooner you ... Read More »

5 Simple Joint Accounts To Open In A Business Partnership

Joint accounts allow two or more people to own a bank account. Typically, joint accounts can be traditional bank accounts by definition, virtual bank accounts or digital bank accounts too. Most people tend to think of couples sharing an account. However, join accounts are useful in business too. If you are starting a small business with a partner, you have ... Read More »

How To Limit The Impact Of Personal Financial Problems On Business

Business owners face the unique challenge of having two financial “lives” to maintain: their personal financial lives and their business financial lives. To keep both areas moving along and growing, it is crucial to bring in steady revenue, limit expenses, and save for emergency expenses. However, since we don’t live in a perfect world, all business owners have the potential ... Read More »

5 Steps To Take When A Cash Advance Makes Sense

There comes a time in the operation of every business when cash is scarce. Both small and large businesses may end up borrowing money in some form. Whether your business is a brand new startup or a well established organization, you may get to a financial point when a cash advance is required. If you are a business owner in ... Read More »

Prepare For Selling Your Company In A Competitive Market

Selling your company is a major decision that many small business owners must sometimes make. If done properly, the sale can be an excellent way to retire, advance your career or simply earn a profit. As a business owner, you want to take selling your company into consideration. Before you put your business on the market, however, it is important ... Read More »

Make Finances In Your 50’s Easier With These 7 Ideas

Compound interest is a great ally. However, it needs time to work on your behalf to grow your assets. As people are living longer, they are going to need more savings to fund their retirement investing because there seems little likelihood of the Social Security System doing that. It was never designed to be more than a support in old ... Read More »

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