05th November 2009
Financing any business in the current credit environment is extremely difficult. Banks and many financial institutions are retrenching their credit facilities, forcing companies to look for financing elsewhere. One of the business sectors that has been hi...
05th November 2009
Managing the expenses of a growing transportation company involves a fair amount of juggling. There are fuel payments, driver payments and the constant need for repairs. Juggling becomes a need because most clients take 30 to 60 days to pay their freight ...
05th November 2009
Managing a company's cash flow is one of the most important functions of a business owner during tough economic times. If done correctly, it will ensure that the business is there to thrive another day. If done incorrectly, it will jeopardize the business...
05th November 2009
Invoice factoring is quickly becoming a mainstream business financing tool that being used by small, medium and large sized businesses. It has been gaining traction in part because banks have tightened their lending standards, leading company managers to ...
08th September 2009
Running a staffing agency requires a combination of good sales skills along with solid organizational skills. As an owner (or manager) you need to make sure that you are signing on new clients who will use your staff. At the same time, you need to recruit...
08th September 2009
The logistics and transportation industry plays an important role as the backbone of the economy. Even in recessionary times, many companies in this industry can do very well if managed properly. One of the main challenges of transportation though is that...
08th September 2009
Selling products and services to the US government can be a very profitable enterprise. The US government can be one of the best customers your business can get. They buy almost any product and service that exists. By law, they are structured to help smal...
28th July 2009
For many years, companies have relied on venture capital financing to grow and expand their businesses. Recently, most venture funds have been reduced in scope and size to deal with the current economic environment. Unfortunately, this has had a substant...
28th July 2009
Finding financing has always been relatively easy for established companies, provided that they have a track record of success. Most companies that have sales in the range of a million dollars per month can find financing from either their local bank or f...
28th July 2009
Capital rationing is an all too common problem in the current economic environment. Simply stated capital rationing occurs when you have more profitable projects than funds to implement them. Because of this, firms must ration (or limit) their expenditure...
28th July 2009
Getting any type of business financing has been incredibly challenging for business owners. One of the market segments that has been most affected by this are middle sized companies. Although bigger than their small company counterparts, they are usually ...
10th June 2009
The number of troubled businesses has increased dramatically as a result of the current economic environment. Usually, the problems start when clients start delaying payments. This has a negative impact on cash flow, and if your company does not have a wo...
10th June 2009
There is something interesting about recessions. Although nobody likes them, many times they provide growth opportunities to businesses. Through careful planning and solid execution, many business owners are able to increase their market share and grow th...
10th June 2009
Starting or growing a transportation company in the current economic environment is very challenging. At the same time, it can be very profitable, especially for business owners who know how to manage their businesses well. This can be the right time to p...
10th June 2009
One of the toughest challenges that business owners face is that clients never want to pay their invoices immediately upon receiving the service or the product. Most clients, especially large corporations, demand to be given 30 to 60 days to pay their inv...
