Between the end of one year and the start of another, every business owner should take the time to sit down and do a little planning.

As another year draws to a close, now is the perfect time to plan how you want your business to develop and expand. To prepare for the challenges of a new year, it is important that you do everything you can to improve your chances of success, which involves mastering certain steps.

Invoice factoring is a financing tool used by many different business types, including staffing agencies, to convert unpaid invoices into immediate working capital.

When a business decides to expand, it invests in everything from new equipment and supplies to software platforms in order to facilitate growth. However, one critical component is often overlooked: their team.

Expanding your business can be one of the most rewarding experiences, and the most challenging. The only way for manufacturing businesses to stay ahead of competitors in today’s ever-changing environment is to embrace change.

Small business owners are no stranger to challenges. One of the biggest challenges is getting funding when they need it. According to the 2018 Small Business Credit Survey, more than half, or 64% of the participating businesses faced a financial challenge in the last twelve months.

Successful business owners are strategic, long-term thinkers.

Are you working on wrapping up another year and getting your small business on track? What you do in the beginning months of 2019 will set the stage for business success for the entire year.

As thrilling as it is to start a business, it can also be very stressful wondering if you have estimated your startup costs accurately. This uncharted terrain can be even more overwhelming for first-time entrepreneurs.

Your business is stable and growing at a sustainable pace. Then, a sudden opportunity comes your way that could take your business to the next level. For example, a new customer approaches you with a large order or multiple orders.
Your first reaction is to jump at the opportunity.