Tag: Business Strategies

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

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

Advertising—it ain’t what it used to be!

How effective are your advertising dollars? Perhaps the more important question to be asked is, what are your customers viewing, or listening, or reading—if they are reading—and in what form or on what device? If you are a business that is trying to decide where to spend your advertising dollars, the choices are almost overwhelming…. Continue Reading

Holiday Season and Retail Shopping Days, how they have changed

Christmas is less than 60 days away. Of course, if you are a parent, you are probably keenly aware of the dwindling number of shopping days. Nowadays, it seems that retail holiday shopping promotions start around the first week in September, just after the close of the Labor Day and Back-to-School promotions. Stores such as… Continue Reading

Besides Factoring, how else can BFC help my company?

Question: Besides Factoring, how else can BFC help my company?   Answer: Through its extensive experience working with troubled companies, BFC has developed a ‘toolkit’ for use in working with clients to place their businesses back on sound financial and operational footing. This toolkit, which has been tested and proven in the marketplace many times… Continue Reading