Many small companies start factoring their invoices for one reason or another, so here’s a of the most important reasons to begin.
Given the current conditions, it’s easy to blame the economy when sales stagnate. However, the economy may be only partly to blame.
Read this Entrepreneur Magazine article first (click here). Unfortunately, Tara Olson’s story is not unique. Banks will often drop your line of credit if it does not meet certain profitability requirements. This, of course, can leave your business scrambling for cash if you are dependant…
With the current economic conditions, many companies are finding creative ways to deal with rising costs.
Small businesses are able to fair better in an economic downturn because they think fast.