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Many big suppliers to small and medium sized enterprises (SME’s) are finding that their ‘debtor days’ are blowing out in today’s challenging market. The SME’s who purchase their materials are taking longer to pay which ultimately hurts the money flow on the supplier as they have more effective utilization of the funds which are tied [...]
Raising money for a small business traditionally has been by way of writing a business plan, raise the money after which execute the plan. Scrambling for new alternatives, factoring companies is used by many business owners once their business is up and working because there are several credit restrictions as of today’s tight budget at [...]
Given today’s economic condition, many companies will really face cash flow problems in the start-up phase. Others, on the other hand, have issues with cash so they cannot grow their business. Improving your cash flow in the year 2010 should be a main concern, as well as collection efforts or even getting professional assistance with [...]