Business Financial Fitness Blog

anagentile's picture
BFF Manager
731
11/17
2014
Posted by anagentile

Do you need to boost your business ‘cash flow? Want to free up cash to pay your employees’ salaries, daily expenses or even expand your operations? A highly effective approach to enhance your company’s cash flow is to extend your payment terms with vendors and suppliers. The best thing about lengthening vendor terms is that it’s a way to improve your cash flow without affecting your credit. If you’re on net-30 right now, why not try and get up to net-60? Or even net-90?

50,536 views
anagentile's picture
BFF Manager
731
09/23
2014
Posted by anagentile

If your company sells exclusively business to businesses (B2B), you confront an entire set of challenges that business to consumer (B2C) companies do not. Online advice and tools to support selling to consumers are abundant, but help and resources to market products and services to businesses are rare. This article provides some valuable advice for those that have the difficult task of marketing to businesses.

4,473 views
anagentile's picture
BFF Manager
731
08/19
2014
Posted by anagentile

The bad news, not all clients pay on time. The good news, there are many things your can do to decrease late payments and bad debt in your business.

This in-depth easy-to-read article details 23 smart and simple tips you can apply during the pre-sale, order fulfillment, and post-sale stages to incentive your customers to pay fast and also avoid getting into costly and stressful debt collection disputes. [INFOGRAPHIC INCLUDED]

13,527 views
jyeaman78's picture
BFF Contributor
376
07/23
2014
Posted by jyeaman78

Are you an accountant, a bookkeeper, or a business owner keeping your own accounting records? If your company or your customers are selling receivables to a factoring company this article is for you. Jason Yeaman, an accountant with small business and factoring background, will teach you how to record accounting journal entries for invoice factoring transactions in a few simple steps. Enjoy!

36,157 views
anagentile's picture
BFF Manager
731
06/02
2014
Posted by anagentile

Congratulations, you recently launched your dream company. You spent years planning and gathering initial funding from friends, investors, and personal bank accounts. Everything seems to be running smooth, sales are increasing every day. Isn’t all great? Not really.

Unfortunately to increase sales you had to offer credit terms to your customers and the payments are not coming fast enough. Banks don’t want to offer a new company that credit line you need. Factoring can be the answer to your cash flow problems.

9,890 views

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