Tag: Business Finance Corporation

The “F” Word

As you might have guessed, the “F” word that we are talking about is factoring. Once shunned by businesses and the finance industry, invoice factoring has become a valuable tool in maintaining cash flow and working capital. Often, companies find themselves to be asset rich but cash poor. While business is thriving, they have a… Continue Reading

The BFC Newsletter Celebrates its Fifth Anniversary

  Greetings Everyone. You may have noticed that this is the 60th edition of the Business Finance Corporation (BFC) newsletter. Five years ago, when I decided to start this newsletter, my goal was to provide valuable and useful information to our clients and friends, and of course, to keep my company name in front of… Continue Reading

Does your brand create loyalty?

Customer loyalty is perhaps the most cherished of all business acumen. Did you know that it costs five times as much to attract a new customer than to keep an existing one? The first rule of any business is to retain customers and build a loyal relationship with them and thereby avoid customer acquisition costs…. Continue Reading

Philanthropy – does your business give back to the community?

Philanthropy has changed dramatically over the years. Early forms of charitable giving were influenced primarily by chief executive officers (CEOs) based on their philanthropic interests, and often had little to do with business strategy. They were fueled by a CEO’s desire to give back and their corporate giving typically addressed an issue of personal interest…. Continue Reading

Is Your Business Relevant?

  Staying relevant in this fast moving and ever-changing day and age is a challenge. Innovations in the way we live are influencing the way we work. Businesses are no longer influencing customers as much as customers, environment, and technology are influencing businesses. This month, the Consumer Electronics Show (CES) made its annual appearance in… Continue Reading