Finance

Get Paid Faster, With Active Escalation on Accounts Receivable

Finance /

Get paid faster: Be the squeaky wheel on Accounts Receivable. An agency owner was having an Accounts Receivable problem—several clients weren’t paying on-time. As her coach, I asked what happened. She emailed: “Majority is still due to outstanding invoices going unpaid.” I notice she used passive voice—”invoices going unpaid.” That’s likely an underlying factor behind […]

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Top Reasons Why Financial Consultants are Embracing AI for Their Clients

Artificial Intelligence, business management consultant, Finance /

The finance industry is never predictable. It’s a world of topsides and downsides that affect global businesses in more ways than any other factor. With so many parameters around the world contributing to the financial waves, it’s really difficult for businesses to remain calm. They need to always stay prepared for financial risks. Businesses have

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Legislation Would Impose a 15 Dollar Federal Minimum Wage by 2024

Finance, Publisher Channel Content /

House Democrats introduced a bill Wednesday that raises the federal minimum wage to $15 an hour by 2024. Small business owners have “grave concerns” over the economic impact of the bill, Job Creators Network President and CEO Alfredo Ortiz says. A $15 minimum wage could cost the U.S. around 750,000 jobs if implemented, according to

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Prevent Cash Flow Problems By Setting Up These Processes

Finance, Publisher Channel Content /

One of the biggest problems faced by small businesses is consistent cash flow. A US Bank study found that cash flow problems account for why 82% of small businesses fail! It’s understandable; many people who start businesses do so because they have a passion, not business experience. They want to fix a problem they see, or

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Why Do Entrepreneurs Shy Away From Retirement Savings?

Finance /

Most working class Americans are employed by companies that either require or offer retirement savings options in the form of a 401(k), 403b), or pension plan. Because these contributions are automatically deducted from the employee’s paycheck, saving for retirement tends to be a rather painless process. Over time, the cumulative effect of regular monthly contributions

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New Square Debit Card Gives You Access to Your Money Instantly

Finance /

As small businesses conduct transactions in the digital and physical world, having a payment system with seamless integration is essential. The addition of a free debit card by Square (NYSE: SQ) will further bring both worlds together while giving sellers real-time access to the funds they need. Square Debit Card Square Card is a free business

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Improve Your Accounting by Using SKU Numbers

Finance, Publisher Channel Content /

Your accounting and financial tracking are vital to the overall health of your business. Yet, it’s intimidating to calculate the sheer number of variables that play a role in determining your finances. Everything from the bankers you work with to the employees you hire affects profitability. And, the tiniest accounting error can significantly impact your numbers. Developing

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