Cash Flow Hacks (Part 2 of 3)
Cash flow problems don’t have to hold you back. In our last blog, we went over the first 3 ways to improve your cash flow: rework existing financing, convert excess inventory, and eliminate prepayments and/or deposits. Now, we’ll go over 3 more strategies to free up cash and keep your business thriving: Need help applying... Read More
Cash Flow Hacks (Part 1 of 3)
We know what it feels like when cash stops flowing. Your mind is on your business while you stare at your kid’s basketball game. You dread seeing the mail come with another stack of payables; all demanding payment with late fees attached. You think about it around the clock and yet, in spite of brief... Read More
IRS Goes After EIDL Payments
EIDL Loans Are Crushing Small Businesses If your business took an EIDL loan, you’re not alone – but now the government is coming to collect, and the consequences are devastating. The SBA has referred 860,000 delinquent loans, totaling $59 billion, to the U.S. Treasury for collection – tacking on massive collection fees and forcing many businesses... Read More
Avoiding Cash Flow Mistakes
It sneaks up on you. One month you have a loss, but there is sufficient new business on the horizon that you know things will be fine. A few months go buy and the sales don’t come in. You step up to take things into your own hands to increase sales. Welcome to Stage 1... Read More
Top Five Ways to Increase Cash Flow
Top Five Ways to Increase Cash Flow These tips have proven successful in our efforts to help our clients. If you find that you are not sure how to utilize them, or not comfortable in doing so, please do not hesitate to reach out. Rework Existing Financing: Spend some time on your financials either alone... Read More
How to Finance Any Business – Part 2
There are four major factors that influence the decision of a potential lender as to whether or not to lend money to your company. Those factors are: Cash Flow Profitability/Financial Trends Leverage/Overall Debt Collateral
How to Finance Any Business – Part 1
It doesn’t matter why you need the money, you just know that if you had a little cash your problems would go away and you could grow your business. Whether a small loan to move you along or a large project that needs capital to service, here are some tips to help your company attract... Read More