In your business, every time someone physically handles a check or cash, it increases the opportunity for fraud. To mitigate this risk, consider collecting money electronically — a safer, cheaper, faster and easier way to collect.
Most businesses are affected in some way by economic uncertainty — including your suppliers, customers and competitors. Many small business owners face opportunities and threats seemingly at the same time.
Most financial professionals are more comfortable delivering services than promoting them. At the end of the day, demand generation — your ability to generate interest, inquiries, new leads and proposals — is a good thing for your practice and your reputation.
Corporate executives are sharpening their focus on operational, back office efficiencies as a source of savings and liquidity. One are that has been a major focus of this effort: the Accounts Payable process.
Once you have explored your lending options and decided to pursue financing to meet your business objectives, it is important to contact advisors to help get your house on solid ground and gain financing approval.
Being a successful consultant goes beyond providing sound, valuable advice for your clients. It’s also critical for small business owners to ensure they are handling back-office tasks, such as paying bills and managing payables and receivables, efficiently and cost-effectively. Here’s how one North Carolina consultant did just that.