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All too often I find business owners are eager to step over dollars to pick up pennies! If you value your business then Value your Business Read More

This is practical advice on how to properly staff the accounting department of a company from start-up to medium-sized. The three tiers explained will help prioritize the functions and get the right people in the right roles Read More

The following ten tips will help you make the best dropshipping decisions for your business. Learn how dropshipping works and how you could benefit from it Read More

How To Raise Money From Your Family to Finance Your Small Business At some stage in life many of us dream of running their own small business. What keep Read More

Conventional wisdom holds that small business cannot get the credit it needs to stay afloat or expand. It is well documented that small business is the engine of growth and job creation in the economy. Reducing unemployment by creating new jobs will be hampered so long as tough credit conditions remain in place Read More

It works like this: The Receivables Exchange (TRE) is an online marketplace that auctions invoices to institutional investors, who buy them at a slight discount, providing the seller with an immediate source of cash. On average, companies receive funding the day after auctions close. As the companies collect the receivables, they pass them directly to the winning bidder, and that settles up the debt.

TRE describes itself as an eBay for invoices and the cost structure isn’t far off. Most of the site’s 1,000 sellers get between 98 and 99 cents on the dollar, and pay a per-auction fee of 30 to 70 basis points (0.3-0.7%), depending on volume and their TRE track record. Reini says he now simply figures his TRE cost into the price he charges for each new project he takes on. The result: more control over cash flow and more growth Read More

You have found your dream franchise. The next step would be buying the franchise; the big question: how will you finance the purchase Read More

The U.S. is the largest and strongest franchise market in the world, so naturally, franchise companies in other countries aspire to come here. However, the U.S. marketplace is littered with dozens of potholes and landmines just waiting for the unsuspecting.. Read More

Check out 5 of the tried-and-true money-saving tips for small business owners, including bartering and taking on an intern or apprentice Read More