In a previous blog, we discussed the importance of marketing in B2B commerce industries. In today’s fast-paced, increasingly digital and mobile environment, it’s no longer enough to rely on word of mouth or traditional marketing strategies. Diversification, with strict KPIs in place to track your efforts, is the best way to ensure that your marketing [...]
No one likes the thought of getting old. In our culture obsessed with youth and outward appearances, the wisdom and grace that typically accompany the aging process often get lost in the wringing of hands about facial wrinkles and decreased mobility. When it comes to the business world, aging loses a little bit of its [...]
Are you experiencing lower than usual revenue levels? Have you been sifting through your key performance indicators, trying to figure out where effort is being wasted and which processes aren’t giving you the return on investment that you need to see for sustainable growth? One thing that small to medium-sized businesses often overlook, especially during [...]
Here at Commercial Finance Group in Los Angeles, we’ve had the privilege of providing custom lending solutions to businesses all over America. These businesses are large and small, consumer-facing and B2B commerce oriented. With a clientele this widespread and varied, you might not think that we could point to any one attribute that they all [...]
It’s a problem we’ve seen again and again: a once-flourishing healthcare business that’s slowly sinking into the red because they just can’t seem to keep a handle on their accounts receivable. This problem is only compounded by the fact that recent changes in healthcare and insurance law have created added pressure on various members of [...]
If you’re the proud owner of a flourishing brick and mortar business in Los Angeles, you deserve a standing ovation. In today’s competitive market, in which physical businesses must compete with ecommerce enterprises, sustaining a baby business is more difficult than ever. Couple that with the fact that many banks are still reluctant to engage [...]
Most entrepreneurs don’t think about small business lending solutions until they run into cash flow problems. When this occurs, they immediately think of applying with banks and credit unions for traditional commercial loans to help them get through this time of financial leanness. What they don’t realize, however, is that these institutions aren’t in any [...]
It’s a scenario that plays out all too often when you’re involved with B2B commerce: Your client begs for more time to pay on their invoice, and because you’ve worked together for a long time or just don’t want to lose their business in the future, you agree to extend the due date. The problem [...]
Companies seeking to increase their working capital have more financing options than ever before. In addition to traditional commercial loans from traditional lending institutions, a small to medium-sized business may also choose to take advantage of asset-based loans, factoring, supply chain financing, angel investors, crowdfunding platforms, and merchant cash advance companies. Each one of these [...]
Dealing with accounts receivable is an oft-unpleasant but necessary part of doing business, especially in the world of B2B commerce. Companies with accounting departments must have a paper trail of all expenses, so rather than paying cash at the time a service is rendered or product purchased, they’re provided with an invoice from the vendor. [...]
