SMB Compass Blog
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A Deep Dive Into the History of Invoice Financing
| 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…
Invoice Factoring: An Ultimate Guide for Small Business Invoice Factoring
| Share on Facebook Share on Linkedin Share on Twitter Contents You’ve probably considered or heard about invoice factoring if you own a small business with slow-paying customers or occasionally limited cash flow.Invoice factoring for small businesses is a sort of accounts receivable finance in which you sell your unpaid invoices to a factoring company…
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.
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.