The good news? You have a massive customer who drives a large portion of your revenue. The bad news? That customer knows how much you depend on them and is trying to extend their payment terms to a point that could seriously disrupt your cash flow. This happens often, especially when it comes to large …
The Walmart problem: What to do when your biggest client wants to extend payments Read More »
Do you need to improve your business’ cash flow situation? Want to free up cash to pay down debt or even expand your operations? One of the most effective ways to improve your cash flow is to lengthen your payment terms with vendors and suppliers.If you’re on net-30 with your vendors right now, why not …
7 Tips for negotiating better payment terms with your suppliers Read More »
When you manage a company that sells exclusively to businesses, you face a whole set of issues that consumer retail businesses do not face. It is easy to find articles on the Internet that give advice and point out tools you can use to sell to consumers, but the business to business sales organizations find …
How to Overcome the Challenges of Selling Business to Business Read More »
Don’t Miss it! – We have included a high-quality info-graphic for you to download and use at the end of this article. The best way to maintain a strong cash flow is to make sure that your customers pay their bills on time. The ideal situation would be to have your customers pay their bills …
23 Smart Tips to Get Paid Faster (and Minimize Collection Problems) Read More »
Note: Find information on How to Record Invoice Factoring Transactions on QuickBooks here. Bookkeeping for Invoice Factoring Transactions Is your business or your clients factoring accounts receivables? Learn how to easily perform the appropriate accounting journal entries for invoice factoring transactions. This blog post is designed to aid with the appropriate accounting treatment related to …
How to Record Invoice Factoring Transactions in 3 Easy Steps – Accounting Read More »
You spent years contemplating your own business and months putting together your business plan. Then you spent another year raising the initial funding that would keep your business, and your personal finances, going for at least six months. You figure, at six months, the business will be breaking even and you can start to take …
Get Your Start-Up Off The Ground With The Help Of Invoice Factoring Read More »
Raising capital and predicting cash flow are constant challenges for many businesses. Capital that may be needed to undertake a project, fuel growth, or simply meet obligations may, at times, be unavailable because of the unpredictable nature of accounts receivable. While some companies raise capital by issuing equity or taking on debt, those methods may …
Invoice Factoring – An Appealing Alternative to Loans and Lines of Credit Read More »
