Category Archives: News
May 10: Six money-management mistakes and how to fix them (The Globe and Mail)
This article mentions important aspects every business should be in charge of.
Apr 30: Crowdfunding: What Are Your Options? (OPEN Forum)
Given recent legislation, companies can raise up to $1M in equity financing through crowdfunding. Read more here
Apr 16: Small firms avoiding loans, citing slow recovery (CNNMoney)
When demand for your business picks up, you can use factoring to finance your growth while you consider whether to obtain long term debt from a loan. The self liquidating, short term nature of factoring along with our fast approvals and flexible terms can be a valuable alternative to growing small businesses. Interesting article here
Feb 29: Adviser to Businesses Laments Changes to Bankruptcy Law (NYT)
To all businesses that sell on credit, read this article and reread this part:
“You know that old saying, “Let the buyer beware”? I think it’s every businessman’s responsibility to know to whom he sells and offers credit. If I sell to you and you begin to pay very slowly — which often happens before a bankruptcy — I should stop selling to you on credit. But if I continue to sell to you to make a buck, it’s not your fault, it’s mine. “
Feb 6: Caution Still Advised in Managing Working Capital (TechJournal)
Good article on somewhat improved circumstances for business cash situation – here
Aug 2: Need Funds: What About Family and Friends? (Blog)
Good advice on obtaining capital from friends and family - click here for the article -
