Financing through a challenging economic climate or a rapid change in your business such as unexpected orders, sudden growth, or entering a new market can be daunting. Choosing the right solution for financing through the changes can change the way you use the capital, when, and how much you choose to draw. Let’s dive into […]
4 Ways Freight Bill Factoring Helps Trucking Companies Succeed
If you’re a veteran trucker, or already looking at cash flow solutions for your business, you’re likely familiar with freight bill factoring which means you’re ahead of the curve. This factoring primer is for the new owner-operator, or business owner who’s either boot-strapped the business to this point, or whittling away at a bank loan […]
Are You A Construction Business Insurance Companies Want To Insure?
It’s a quite challenging time to be in the construction industry. Though many areas of the country are seeing increasing demand for new homes and commercial buildings, companies themselves are struggling with a robust economy that has one of the lowest unemployment rates in recent history. In fact, in the fall, the construction industry experienced […]
Protecting Your Business from Common COVID Relief Scams
As small businesses brace for the impact of COVID-19, they are increasingly becoming targets of scammers looking to take advantage of the situation. From fraudulent unemployment benefits to middleman intercepts of SBA loans, small businesses are being hit from all sides by scammers looking to profit from the pandemic. In this post, we’ll look at […]
Building Your Business on Healthy Profit Margins
Some companies start off with a rich, financially sound backing due to investors. Some founders launch new businesses off of successfully built and sold companies. Others are brand new startups, just being launched from an idea. In all cases, profits should matter. Companies must pay close attention to not just if they are selling product […]