For most businesses to thrive, extending payment terms, rather than collecting payment up front for products and services, is necessary. Unfortunately, not all customers are great with paying their bills on time, and outstanding invoices can put the pinch on your cash flow and negatively impact your operation on numerous […]
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What is Medical Factoring?
Most people in the health care field have no knowledge about medical factoring and usually have never even heard of it. As a result, they may struggle with cash flow problems or try getting a loan to get over that next hump, when there was a readily solution available for them. Those […]
Non-profit Accounting Vs. For-Profit Accounting
If you are a recent accounting graduate or looking to change careers, you have a few decisions to make. One of these decisions is what kind of organization you wish to work for. While there are many types of organizations who can use your accounting skills, you can generally break […]
How to Get Your Small Business Through the Recession
With the recession currently gripping the country, many small business owners are very scared at what their future may bring. Rather than taking proactive action, however, many are taking the opposite approach and are not reacting to the situation at hand. Fortunately, there are a number of things that you […]