“It’s all in marketing’s hands”, or “the sales team needs to be more proactive.” These statements, although may be somewhat true, are rather dismissive of some even greater opportunities for improving your company’s revenues. It can go deep—product selection and design deep, but combine these strategies with your high-performing marketing and sales teams and your […]
Building Your Business on Healthy Profit Margins
Some companies start off with a rich, financially sound backing due to investors. Some founders launch new businesses off of successfully built and sold companies. Others are brand new startups, just being launched from an idea. In all cases, profits should matter. Companies must pay close attention to not just if they are selling product […]
Are New Tariffs Helping or Hurting American Businesses?
Set all aspects of politics aside for a moment. Consider the new tariffs being proposed and put in place globally. Whether in North America, China, or otherwise, tariffs change the way people invest and spend. The Trump Administration is putting in place numerous tariffs. They claim this should support businesses and drive manufacturers to produce […]
4 Ways Freight Bill Factoring Helps Trucking Companies Succeed
If you’re a veteran trucker, or already looking at cash flow solutions for your business, you’re likely familiar with freight bill factoring which means you’re ahead of the curve. This factoring primer is for the new owner-operator, or business owner who’s either boot-strapped the business to this point, or whittling away at a bank loan […]
Is Crowdfunding a Viable Capital Source?
The financial winter of 2008-09 seems really far behind folks in the rearview mirror but it had a lasting effect on how small businesses could get credit and operational financing. After that moment of almost an entire seize-up of the American financial system, the means by which business credit could be obtained changed dramatically. Dubbed […]