In a previous post, we explored the topic of account receivables financing in the healthcare industry. We pointed out that the healthcare industry, almost to the exclusion of any other, falls victim to the trap of accounts receivable because of the unique situation created by third party insurance companies as well as government healthcare programs. [...]
How efficient is your Los Angeles company? If you always fulfill orders on time, you might have the opinion that your company is quite efficient. How financially healthy is your Los Angeles company? If you’ve been turning a profit for an extended period of time, you might have the opinion that your company is quite [...]
No matter what sort of business you’re running--whether it’s large or small, public or private--accounts receivable are probably something that you have to deal with on a daily basis. The only exceptions are companies that require payment for goods and services immediately, such as grocery stores or retailers. And even then, there may be a [...]
As we’ve noted in previous blogs, off-balance sheet financing is a perfectly acceptable and ethical accounting practice that may be able to help your business limit its on-sheet debt and honor previously-existing loan covenants. Common off-balance sheet financing techniques include take-or-pay and/or through-put contracts, redeemable preferred shares, and account receivables financing. However, in 2016, rules [...]
Do you remember the Great Recession? That sharp downturn in economic activity that took place during the late 2000s, was a dark time for many of us, especially the small business owners or those who had plans to become entrepreneurs. Now, nearly a decade after the worst that the Great Recession could throw at us, it’s [...]
When you were first taking business management classes in college, or going through a first-time small business owner’s course at your local community center, you probably heard a lot of good advice about your balance sheet. Most people are taught that a company’s balance sheet should provide an accurate snapshot of its financial condition at [...]
Whether it was a month ago or a decade ago, your small business started with an idea. Maybe it was a new concept about how to provide a service people in your community desperately need, or maybe it was a brilliant idea for a product that the whole world has been waiting for. No matter [...]
Are you a goods or service provider who’s looking to branch out into the lucrative world of government agency contracts? If so, the Commercial Finance Group in Atlanta can help. While government contracts can be very attractive (more on that below) they also come with some drawbacks that many businesses fail to consider before signing [...]
The year is quickly drawing to a close and while many people around the world are reflecting on their accomplishments in 2016 and what resolutions they’d like to keep in 2017, those of us in the American business world are thinking about that dreaded five-letter word: TAXES. As soon as January first rolls around, business [...]
In a previous blog, we discussed some of the most damaging myths about factoring that exist in professional circles and on the internet. These myths included the idea that only startups need factoring, that all factoring finance companies are the same, and that it’s more costly than using a traditional bank loan. As promised, we’d [...]
