Invoice Factoring Tips Developing a prompt approach to billing and collecting client payments is extremely important to maintaining the financial strength of your company. Below, we’ll explore invoice factoring tips for handling collections to improve company cash flow. Know Your Clients Working with clients that you trust is the most important aspect of collections. When…
Invoice Factoring Tips If you’re in the process of starting your own trucking company, you’ve probably heard the phrase “starving startup.” Most people assume that the odds are against them when it comes to surviving their first year in business. In reality, however, approximately 75 percent of small business startups make it past their first…
The economy is unpredictable, and the demand for certain products and services fluctuates for many reasons. It’s crucial to manage business finances effectively, especially in the early stages of company development, to avoid bad debt. Bad debt is money you are unable to recover, typically from a customer not paying its balance. It can quickly…