Archive for 'Cash Flow'

Small Business Guide On Factoring

Many small businesses struggle with cash flow in the early years. One way to improve your cash flow is by factoring your debts. When you factor your debts the factoring company gives you up to 85% of any outstanding invoices straight away. They also take the burden of collecting your debts away from you. For this service they charge around anywhere between one and three percent of the invoice value. I used factoring in the late nineties when I was struggling to manage the growth of my packa

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Have you ever heard or read the phrase “multiple streams of income” before? Do you know what this phrase means? For many businessmen, creating multiple streams of income online or offline is one way of securing themselves as well as their businesses in the future.

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