Simply put, factoring helps businesses meet their cash flow needs by providing immediate cash by using accounts receivable. Many people view factoring as a short-term stopgap to plug the working capital hole that inevitably presents itself in almost every growing business. Although factoring can many times help a business refresh its working capital in the [...]
Posts from ‘June, 2010’
Considering Customer Satisfaction
As a consultant for people who are considering starting their own small business, I naturally have many things to share with people. Clients come to me with a host of questions about the process of starting a business and about the details of what to focus on above everything else. Once we have talked through [...]