Factoring: The Surest Way to Keep A Small Business Vital and Competitive

Many people believe that professional bill collecting services are only necessary in white collar business arenas. This couldn’t be more wrong. It’s the small business owner who needs the assistance of a service that will help ensure a positive cash flow. A factoring service helps small business owners who cannot necessarily pay for complicated billing systems, to securely collect on their received invoices.

Are there any small businesses that are too small to benefit from a factoring service? The answer is “No!” If any small business owner can see the value in having immediate cash in-hand for services rendered and products delivered, over waiting months for payment, then factoring services are a blessing. Here is an interesting small business scenario to consider.

“John” is a highly trained guitarist who has decided to open an in-home guitar lesson studio. His hourly lesson rates are competitive, and his capital cost are extremely low. John also does everything he can to minimize living costs as he builds a clientele. After a bit of advertising and worth-of-mouth reputation-building, John builds a studio of 20 students.

John has decided to take the ethical route in the realm of payment for the lessons he gives. Though he is a degreed professional, he chooses to not let things like lesson payments get in the way of his vision for a full time studio. Several months pass, but John notices that several students have not yet paid for the lessons they have taken. Even with written reminders and phone calls, some students are consistently 6-12 weeks late on payments.

Though John loves to live simply, he cannot afford to provide “credit” for the service he provides, nor discontinue providing lessons. His students and their families are good people, but they never seem to be on time with their payments to his studio. The question is, why should John’s business and quality of life be diminished, or put into a desperate situation simply because of the forgetfulness (or lack of ethics) of other people?

The same is true for any small business. Why should the bad, or irresponsible behavior of consumers result in a loss for a small business owner? The answer is, it shouldn’t, and it doesn’t have to. A factoring service makes sure business owners are compensated for their received invoices. With a small fee, services like those found at Factoringcompanies.com do the dirty work of billing and collecting payments from consumers and clients. Even with a lag in payment, a guitar studio owner like John can plan his life (and pay his bills) according to the services he provides, not on the reliability of people at large.

Factoring companies are an exceptional tool for small businesses because they provide cash advances according to the business’s receipts rather than a loan/payment situation. When a business is involved in a sector that regularly experiences a lag between the time services are rendered and the time in which clients pay, factoring companies help erase the lag. With a small fee (usually a single digit percentage of the collected billing amounts), a business can be compensated for their services immediately, and never have to deal with the hardship of convincing people to pay what they owe.

Factoring companies provide these services to small business owners. Great factoring companies extend these services to businesses no matter their size, or classification.

* Invoice-related factoring and billing.
* Payroll funding when operations are tight and unsure, but employees are still valued.
* Cash Advances on purchasing capital and equipment.
* Funding for building needed purchase orders.
* Rare and helpful unsecured business loans using ethical lending standards.
* Equal factoring services for industries from technology and manufacturing, to the self-employed.

Factoring is the surest way to keep a small business vital and competitive. A small administrative fee for factoring services is a valuable investment when it comes to running a smooth professional operation. Like John’s dream of having a good life doing what he loves, any small business owner can benefit from having a factoring company in their corner. Factoring services often play a significant role when it comes to small businesses growing to become industry leaders. Receipt “insurance” through factoring services can become business “assurance” in the long run.

Shuttle Service at NAIA (Ninoy Aquino International Airport)

Arrival at the NAIA. We’re in the Philippines. 🙂

Shuttle Service to the domestic airport.

Shuttle Service to the domestic airport.

Catching a ride on the shuttle to the domestic airport.

Catching a ride on the shuttle to the domestic airport.

Tips to Create a Beautiful Outdoor Experience

Plenty of homeowners invest time and energy creating an abode that they can live in for many years. While the interior of a home is certainly important, the exterior of a home needs to be remembered as well. There are some helpful tips to remember in order to create a beautiful outdoor experience that residents and visitors will enjoy.

Grass and Shrubs

A good starting point to consider when looking at enhancing an outdoor experience is the grass and shrubs that are in a yard. It can be easy to overlook the importance of keeping the grounds neat and trim. However, grounds that look lovely can help other parts of the yard look great as well. It can help to invest in fertilizer in order to keep a lawn look good during the spring and summer months. In terms of shrubs and trees, remember to do the pruning in the spring and not the fall. While it may be difficult to prune, take note that an individual can always take more off but cannot put it back on. Furthermore, pruning a tree or a shrub can ensure that it stays healthy and vibrant.

Solid Surfaces

A patio can be an excellent way to protect people from many types of bugs that can lurk in the grass. Not only that, but it can be an excellent place to hold a grill, patio furniture and other types of décor that can make an outdoor experience be fun. A walkway to a backyard and a driveway that is paved can be great ways to enhance the look of a home that will stay neat and solid for many years. A deck can be a fantastic way for people to enjoy time outdoors without having to touch the ground that may be warm or cold due to the weather. Remember there are professionals, such as driveway paving contractors Fort Worth Texas trusts in, that provide solid results.

Paying close attention to the grounds as well as to solid surfaces can certainly enhance the appearance of a yard. Furthermore, it can create a great atmosphere to enjoy time outdoors. Some people like to invest in new patio furniture and other types of patio décor that can give each individual a comfortable experience when outside. The investment and time that is spent can certainly be worth the terrific results.

Flying EVA Airways

airport

We are in Seattle, Washington.  Will be flying to Taipei, Taiwan in a couple of hours. 🙂  See you tomorrow dear family.

Take Business Growth To A New Level With These Methodologies

Most business owners want their companies to attain consistently increasing conversion rates and an ever-expanding base of loyal clients. These signs of growth result from the implementation of business methodologies that are known to generate steady expansion. Here are three of many such expansion methodologies you can employ to keep your business moving forward:

1. Utilize Business Consulting Services.

If you’re serious about business growth, consider the value of investing in business consulting services. These services provide you with insights and advice that will help you optimize and expedite daily operations and other factors that contribute to the efficacy of your business. Companies like Predictive Services specialize in offering Reliability & Engineering Consulting Services. They also provide clients with PDM software solutions. When you start searching for the ideal business consulting company, make sure that they have an established reputation for offering clients effective, accurate advice and support.

2. Market Your Heart Out.

In addition to utilizing business consulting services, make sure that you’re optimizing and accelerating all of your marketing efforts. Doing so will ensure that you’re constantly expanding your company’s sphere of influence and enhancing the brand recognition process. One great way to market your company is through digital advertising. Online advertising firms can typically employ a comprehensive set of customized, cutting edge tools and techniques on your behalf. Some of them will include:

-blog work
-responsive web design
-Share Buttons
-e-newsletters
-online reputation management
-link building
-keyword analysis
-social media optimization

3. Take Your Health Seriously.

One final way to keep your company growing is by taking your health seriously. This will help ensure that you have the energy necessary to complete tasks with expedience and excellence. There are numerous ways that you can get on the road to absolutely amazing health, and one of them includes implementing a workout plan. Exercising consistently grants you access to a wide range of health benefits, some of which include:

-depression relief
-enhanced immunity
-chronic fatigue prevention
-chronic pain reduction
-colon cancer prevention
-constipation relief
-osteoporosis prevention
-metabolism boost
-mood regulation

Conclusion

Once you decide that you want your company to get and remain in a state of growth, it’s time to implement the tools and techniques that will make it happen. Get the growth process going now by utilizing business consulting services, optimizing your marketing endeavors, and taking care of your health.