Invoice Factoring: When Is It A Good Idea And When Is It Not?

If you're looking up alternative types of business loans, you may have run across something called "invoice factoring." Invoice factoring can sound mysterious but it really isn't: you're essentially selling a portion of your collectible sales for a percentage. The company you sell this debt to then takes on collections and your company gets a cash advance right away. Like all financial tools, there are good situations for this and bad situations. [Read More]

Why An Accountant Is Important For A Growing Business

As your business grows, managing your finances easily becomes more and more important. Here are some of the ways that an accountant can help keep a growing business on track. Make Sure Best Practices Are Followed When you were first starting out, it was probably pretty easy and exciting to keep track of your finances, including any expenses that were coming in and out of your pocket. As your business expands, though, you'll probably have too much on your plate to pay close attention to everything. [Read More]

ATM Machines And Passive Income: Making Extra Money While Running Your Business

If you are a business owner, you may have plenty of people who come inside your store to shop for specific items. Although you are likely earning a decent income from your business alone, you may still be interested in other opportunities to do on the side that would allow you to earn income passively without having to do too much, especially if your main focus is the business itself. Did you know that adding an ATM machine to your store could easily help you earn more income while bringing in more business? [Read More]

Getting A Paycheck Advance Without A Steady Paycheck

A cash advance is an excellent way to quickly makeup for an unexpected financially shortfall. Through a cash advance company, an individual can get an advance on their next paycheck (or next few paychecks) in order to cover their bills. The money is then returned (with additional interest and fees) once the individual is paid. But what if you don't have a steady paycheck? There are still options available to you. [Read More]