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Sign fabrication and installation companies get can get a wide range of project sizes. An associate I recently spoke with handles orders from $1000 to $60,000. A common problem for this gentleman’s business is when the projects on the higher …

In an overly simplistic model, janitorial companies really only need two things; supplies and employees. Most of these supplies are durable goods and represent more of an upfront cost. The cost of labor is periodic and represents a large portion …

Most Repossessors have the same problem; slow payment. The finance companies that employ recovery agents know better than anyone what delaying payment does to their finances. However, their cash flows are improved at the recovery agent’s expense. In response to this situation, recovery agents have employed a few different strategies.

First, and most obvious, is to sit on a solid cash reserve. This ensures that there are no cash flow deficiencies, and provides the ability to wait for payment. Sounds simple enough but in reality this is a luxurious position to be in. Not all businesses can build up that cash cushion and even the ones that can have to work hard to maintain it.

Another common strategy

Cash flow is the life blood of business. Understanding and managing cash flow successfully is usually the difference between the successful businesses and those that fail. This becomes particularly important during a cash flow crunch.

Cash flow issues can happen for a number of reasons. Customers fall behind in payments. Manufacturing, shipping or other business costs rise. Business growth is soaking up working capital and so forth. The following provides strategies to help get through this rough time.

Small businesses are prone to getting strapped for cash. Although it is first instinct to look for sources of outside funding, looking within might provide a faster and more affective solution.

You might be thinking, ‘are you crazy? Where can I …

If you are a business owner and you’ve ever been in a cash crunch you know how stressful payday can be. Praying that customer pays in time to make payroll is no way to run a business. However there is …

Great break down of factoring. Informative, concise, and easy to understand. If you are not familiar with factoring, this is a great introduction.

Potential clients often think that because they have a collections agency, they don’t need Factoring. While this might be the case, it is important to note that factoring is a completely different process with different goals, different benefits and should be used for separate purposes.

The only similarity between the two services is that they function to help businesses receive payment on accounts receivables. However they achieve this end through completely different methods.