With the amount of available credit shrinking in recent times and financial institutions raising lending standards, more businesses are turning to alternative forms of finance to cover cash flow shortages and grow their businesses. Asset-based lending, factoring, invoice discounting, and merchant cash advances are a few alternative forms of finance that are becoming more popular. …
Help! I Need Help!
One of the biggest challenges faced by most businesses is sourcing help in a reliable, timely and affordable way. It’s neither practical nor desirable – and often not even possible – to employ people with the expertise in all the areas your business needs. At the same time you need to operate in a professional …
Getting On Top Of Business Forecasting
The way to remain on top of your business in this climate is to plan, but the days of the three to five year plans are over. Instead focus on the next 18 to 24 months with lots of scenario planning and stress testing. Build scenarios Create a forecast for the next 18 months to …
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