Why Bootstrapping Can Quickly Kill your Business

Why Bootstrapping Can Quickly Kill your Business

Entrepreneurs have unlimited tenacity. They never give up. They never stop. They know the difference between running a hobby and a business. They believe in themselves and their company mission passionately. They know they’re going to succeed — if they could turn the corner, get that big order, attract investors or get a loan.

Entrepreneurs’ tenacity drives them to find a way to win, whether it’s not taking a salary, sacrificing friends or knocking ...

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What is Factoring a Company?

What is Factoring a Company?

Obtaining financing for your small business may be near impossible these days, at least when it comes to traditional bank lenders. Ever since the recession, banks were badly burned and won’t be forgetting that anytime soon. When the credit crisis erupted in 2008, banks began tightening their purse strings under severe financial pressures.

The major reason banks stopped lending to ...

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The Entrepreneurial Disease

The Entrepreneurial Disease

The phrase seems like an oxymoron. On the one hand, you have a positive word like entrepreneur, representing a forward-thinker, someone who paves their own way in life and doesn’t let obstacles get in the way of their dreams. On the other hand, you have the word disease, defined loosely as ...

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The 4 Pillars of a “Corporate Turnaround”: How to Unlock Your Business Profit Machine.

The 4 Pillars of a “Corporate Turnaround”: How to Unlock Your Business Profit Machine.

Corporate Turnaround. You’ve heard the term. But what does it really mean?

Many businesses in need of a corporate turnaround are facing growing distress; reductions in sales, cash flow problems, and mounting debt. On the other hand, many are dealing with the challenges of rapid growth while navigating the stormy sea of finding appropriate means of ...

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Don’t Wait Until It’s Too Late

Don’t Wait Until It’s Too Late

Timing. That’s what it’s all about when it comes to tracking potential downward trends as a small business owner. One of the advantages small businesses have over big businesses is their ability to see results immediately. However, this takes persistence and dedication to review and tracking your numbers daily, weekly, monthly, quarterly and annually.

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Nothing Happens Until Something Is Sold

Nothing Happens Until Something Is Sold

It’s so true that nothing happens until something is sold. The question that we like to ask small business owners is “what are you doing to support sales and getting it done”? Let’s focus on the sales effort and provide a few basic rules that will provide ...

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