Wondering if it’s time to hire a collection agency? We often think of collection agencies in terms of the consumer market. For example, retail stores and credit card companies often hire a collection agency when their customers don’t pay their bills. However, professional debt collectors…
Half of the 12 U.S. Bank Holidays fall in the three months between November and January, arguably at a time when Americans need access to their money the most. So why is the United States set up this way, and where did all these dates…
About a million small businesses launch every year, according to the U.S. Small Business Administration (SBA). More than three-quarters make it to the two-year mark, but certainly not without grit and the ability to overcome the multitude of startup challenges entrepreneurs face. Whether you’re already…
Businesses need to be financially prepared for any situation – including client non-payment. Learn about accounts receivable insurance and alternatives now.
Most small-business owners consider using third-party payroll services at one time or another. Use this guide to decide if payroll outsourcing is right for you.
Connecting and Networking with Other Small Business Owners: Small business networking can help you grow your company and help you find more satisfaction at work. Plus, it’s really easy to find networking opportunities even if you’re short on time and cash and aren’t usually a…
Cash flow management mistakes can throttle business growth. They’re also incredibly easy to make and can go undetected until serious issues arise. They’re one of the reasons why 90 percent of small businesses sought emergency funding during the pandemic, per the Federal Reserve Banks Small…
It’s common for companies in the B2B sector to offer Net 30 and Net 60 invoice terms, but they don’t always serve businesses well. If your company sometimes struggles to cover expenses or make purchases while you wait weeks or months for payment, you probably…
As a small-business owner, you’re probably keenly aware of the cash conversion cycle (CCC), even if it’s not something you’re intentionally measuring or monitoring. It’s a measure of business health and, when you’re nailing it, you’ve generally got solid cash flows and plenty of money…
When was the last time you had a really great customer service experience with a company? The type that leaves you smiling and excited to return? It’s been a while, hasn’t it? While most business owners understand that excellent customer service is the lifeblood of…
