Growing a business sucks in cash, that’s the first law of business gravity created by business author Verne Harnish. And it is that cash is the most important thing to keep a business in operation because you could fail in your operations, systems, equipment, marketing but, without cash…
5 steps for securing contract financing
Tens of millions of workers consider themselves gig workers, and the gig economy is not slowing down anytime soon. If you’ve ever worked as a contract worker, you know how hard it can be to get paid, even when there’s an agreement in place.
Working as a sort of cash advance contract, contract financing…
How to juice your cash position with a working capital loan
My in-laws were recently in town, and my father-in-law was lamenting the lack of progress of a farm business they’ve purchased in retirement. “It’s just non-stop spending. You get cash in and then you spend it,” he said.
You’ve probably felt the same way. Business is a never-ending cycle of...
Seven tips to improve working capital for your business through the COVID-19 crisis
A couple of months into the COVID-19 pandemic that struck the world unexpectedly (and with full force), causing uncertainty and instability for both companies and individuals alike, we all learnt that the first challenge in keeping our enterprises running was cash flow. Most industries were hit hard, and consequently, businesses were...