SMB Compass Blog
Check out the latest industry news and trends
A Deep Dive Into the History of Invoice Financing and Selling Invoices
| Share on Facebook Share on Linkedin Share on Twitter Contents Invoicing is not a modern invention. It has been a useful tool for enterprising individuals since the time of the ancients. Merchants needed a tool to keep track of payments owed and to present proof to their customers. The ancients also used forms of…
4 Types of Invoice Financing for Small Businesses
| Share on Facebook Share on Linkedin Share on Twitter Contents Curious about different types of invoice financing? If you have slow-paying customers, you’re more prone to cash flow issues than other businesses. It’s worth noting that approximately 82% of startups fail because of cash flow mismanagement, according to a study by the U.S. Bank.…
Invoice Factoring Rates: The Basics
| Share on Facebook Share on Linkedin Share on Twitter Contents Unfortunately, piling outstanding customer invoices is a reality among many companies in the service-based companies. As a result, cash flow becomes stagnant, making it harder for businesses to keep up with their financial obligations. To free up cash flow, companies often resort to invoice…
Buying Invoices: How Does Invoice Trading Work
Understanding business jargon is always helpful, whether you’re brand new to the world of entrepreneurship or you’ve been in business for decades and want to keep up with the slang your fellow business owners are using.
Asset-Based Line of Credit: How to Know If It’s Right for Your Business
Understanding business jargon is always helpful, whether you’re brand new to the world of entrepreneurship or you’ve been in business for decades and want to keep up with the slang your fellow business owners are using.
Kids Guide to Money and Finances
Money is an important part of our day-to-day life, but on average, almost half of high-schoolers …
A Glossary of Basic Business Terms
Understanding business jargon is always helpful, whether you’re brand new to the world of entrepreneurship or you’ve been in business for decades and want to keep up with the slang your fellow business owners are using.
Business Basics: Keyboarding Games and Lessons
Keyboarding, or the skill of typing on a keyboard, is an important thing to know how to do in today’s business world. Because of our reliance on computers and other technology, keyboarding can be as important as basic math skills.
Best Expense Tracker Apps of 2022
One of the things you need to do as a business owner is to keep your finances in order.