Accounts receivable (AR) financing, also known as factoring, is among the oldest types of commercial financing. The process involves selling outstanding invoices at a markdown to a finance company. The company then undertakes the risks on the receivable and, in...
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As a small business owner, you know how important minimizing expenses is to the well-being and growth of your business. Here are three tax write offs that are often overlooked or under-utilized. Car Expenses Personal expenses are off limits when...
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With the wealth of smartphone apps available these days, some business functions that used to be difficult, couldn’t be easier now. Many smartphone apps like those below have been developed which can make small business processes faster, safer, and easier...
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“Influence.” It’s an important word and it is fundamental to leadership. Influence is the art of persuasion. It is getting things done, affecting ideas and action without force or dictatorial command. Influence is about shifting mindsets versus mandating temporary behaviors....
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When you’re a business owner, you’re forced to wear many hats at once to keep your dream afloat. However, there are certain tasks and responsibilities that should take priority over others in order to stay ahead of the game. One...
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Deciding to launch a small business can be exciting, but it can also come with its share of challenges, as well. This can be particularly true when it comes to finding the right way to finance your business. How you...
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As the owner of a business, it is important to take time to learn about simple ways to expedite some of the more demanding daily tasks you need to complete. If you’re not really a numbers person, you might find...
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Successful commercial real estate brokers must master prospecting to grow their business. They need to gather data and research trends to boost their success. Selling entails communication and commitments. Commercial realtors build relationships with property owners, giving them the confidence...
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The reason you haven’t taken the brave step towards having your first small business loan processed is because of the myths you’ve heard about obtaining such loans. You shouldn’t allow myths about small business lending to prevent you from pursuing...
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The checkout process conversion rate is the most reliable way for e-commerce companies to bring in revenue. Shopping cart abandonment is one of the things that can bring down the checkout process conversion. A study shows that around 70% of...
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