NEWS

January 06, 2020
Female-owned businesses are the US economy’s quiet success story.
A report earlier this year found that 42% of all firms are female-owned and women started 1,817 businesses a day (yes, you read that right) in the past year.
 
Unlimited vacation isn’t as crazy as it sounds – and it can save you money.
Because 2019 was a year of very tight unemployment, many small businesses offered unlimited vacation to find and keep employees. They are a potential great benefit and not as costly or as risky as they seem.
 
“Slutty Vegan” became a hit in Atlanta – a city known for its barbeque.
Pinky Cole, a food truck owner opened her first brick-and-mortar vegan eatery called Slutty Vegan and saw more than 1,200 people line up outside its doors on the very first day. She plans on opening more locations in 2020.
 
Older people are the dynamic demographic running America’s small businesses.
America’s small businesses are still dominated by people in their 50s and 60s. According to a survey, 57%of small business owners were born between 1946 and 1964.
 
SOURCE: theguardian.com, 12/22/19
Is your cash flow lumpy? That sounds like a personal question, but you know what I mean. Customers like to keep their own cash flow in the black and so you wait 30, 60 or even 90 days for them to pay their bills.       Money in the mail doesn’t pay your rent. Late fees can add up quickly. Your critical suppliers want to get paid.   And even if you have the option to carry a credit card balance, not being able to pay that down can feel like a slow death. So you juggle an already busy schedule to call, email,
August 18, 2015

Is your cash flow lumpy? That sounds like a personal question, but you know what we mean. Customers like to keep their own cash flow in the black and so you wait 30, 60 or even 90 days for them to pay their bills.   

 

So you’ve started your own company. Congratulations! Here’s a little advice I wish I’d been given when I was starting out:    1. Cash is King. It doesn’t matter how many customers you have, if they don’t pay you in a timely manner, you may not be able to pay your bills. According to the Small Business Administration, half of all start-ups fail within their first five years, primarily because they run out of cash.    2. Income is lumpy, expenses are not. Rent, payroll, taxes, utilities, loan payments and cre
August 15, 2015

So you’ve started your own company. Congratulations! Here’s a little advice if you are starting out:

1. Cash is King. It doesn’t matter how many customers you have, if they don’t pay you in a timely manner, you may not be able to pay your bills. According to the Small Business Administration, half of all start-ups fail within their first five years, primarily because they run out of cash.

 

When I got turned down for a business loan, I’ll admit I was a little hot under the collar. I may have said some things I didn’t mean, and meant a few I didn’t say. One thing I meant, and was about to do, was transfer all my deposits to another bank.  It’s pretty much the same all over these days when it comes to loans. Banks are limited in what they can and can’t do. But my banker went above and beyond to show me that she valued me as a customer. And her customer service saved the relationship.  So what wa
August 11, 2015

When I got turned down for a business loan, I’ll admit I was a little hot under the collar. I may have said some things I didn’t mean, and meant a few I didn’t say. One thing I meant, and was about to do, was transfer all my deposits to another bank.

It’s pretty much the same all over these days when it comes to loans. Banks are limited in what they can and can’t do. But my banker went above and beyond to show me that she valued me as a...

You’ve done the work. Why wait to get paid, when there are people out there willing to give you cash today for your customers’ promises to pay in 30, 60 or even 90 days.  Selling invoices for cash, how cool is that? Pretty darn . . .  Here’s the deal. TBS Capital Funding buys your customer invoices at a discount, giving you cash in exchange. They take the risk. You take their money to the bank – debt free – regardless of your credit history. It’s called non-recourse factoring, and it’s a pretty sweet deal.
August 09, 2015

You’ve done the work. Why wait to get paid, when there are people out there willing to give you cash today for your customers’ promises to pay in 30, 60 or even 90 days.

Selling invoices for cash, how cool is that? Pretty darn . . .

In this era of Internet commerce, electronic deposits and remote deposit capture, customers expect businesses to fill their orders yesterday. So why should businesses wait 30 days, or more, to get paid?  Business is good, but with all your money either tied up in inventory or awaiting customer payment, you may find yourself with a cash gap. It’s probably not a big gap. Most small businesses could make do with $50,000, or less. But it’s big enough to lose sleep over, especially with payroll, or a tax deadlin
July 25, 2015

In this era of Internet commerce, electronic deposits and remote deposit capture, customers expect businesses to fill their orders yesterday. So why should businesses wait 30 days, or more, to get paid?

Business is good, but with all your money either tied up in inventory or awaiting customer payment, you may find yourself with a cash gap. It’s probably not a big gap. Most small businesses could make do with $50,000, or less. But it’s big enough to lose sleep over,...

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