How much is your business worth? Just like the housing market, businesses are regularly bought and sold. While each sale is different, there are just as many reasons why owners decide to sell their businesses, as there are reasons why buyers decide to buy a business. The big question is, how do you know how… Continue Reading
Tag: Cash Flow
Let’s face it; we live in a credit world. Credit cards aren’t just convenient—they actually create spending power that is then used to buy goods and services. In fact, about two-thirds of the U.S. economy is based on consumer spending and all totaled Americans have some $2.2 trillion (and counting) of outstanding consumer debt…. Continue Reading
Answer: Factoring isn’t a loan, so the fact that your company doesn’t have the right “ratios” or that banks have turned you down for a line of credit or working capital loan doesn’t matter. If you have creditworthy business clients and good receivables, you may be a candidate for factoring.
People can accomplish great things on their own, it takes perseverance, will power, sometimes strength and training, and quite often a little luck. But even greater things can be accomplished when you work with others that are just as determined. How many times have you started an exercise program or diet, only to fall off… Continue Reading
Obligations, yes we all have them. Some are more pleasant than others that in turn make them easier to do. However, with the advent of computer technology, and services such as on-line banking, one of the most tedious obligations has become a little more tolerable. Yes, I am talking about paying your monthly bills. But… Continue Reading