This article explains how to calculate the factoring fees of a factoring proposal. It covers the three most common proposal fee types: flat-rate, variable-rate, and discount-plus-margin. We cover the following: 1. How does factoring work? This article assumes that you are already familiar with factoring and know how it works. Here is a short summary […]
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How Do Factoring Companies Buy Accounts Receivable?
One of the advantages of invoice factoring is that most transactions are not structured as loans. Instead, the client sells their accounts receivable to the factoring company in exchange for an immediate payment. This article describes how a company sells their invoices to a factor and covers the following: 1. Factoring basics Invoice factoring is […]
How to Run a Successful Staffing Agency
Temporary staffing businesses can be very profitable if managed correctly. However, managing a successful agency is not easy. There is a lot of competition – at least in some markets. You must know how to differentiate your agency, recruit talent, and attract clients – all while dealing with competitors that are vying for the same […]
Payroll Funding for Small Businesses
One of the greatest challenges that a small business owner can ever face is not having enough money to pay employees. Delaying payroll affects employee morale and your ability to retain key individuals. This article discusses how to use payroll financing to meet payroll and keep the business growing. We cover: 1. The most common […]