When you begin invoice factoring, your invoices are transferred to the factoring company for collection and they cease to be a debt (or liability) on your balance sheet. Accounting for…

Companies who outsource in 2023 are doing it for the very same reasons as companies that were considered early-adopters in the late 1980s. Whilst the reasons for outsourcing remain largely…

Obtaining bank financing has always been difficult for certain businesses and the current economic environment is making it even more so. Unfortunately, widespread turmoil in markets both at home and…

Awareness around environmental impact and prevention of climate change has really gathered pace over the past 40 years, shaping the recycling industry as it stands today. It was only after…

Off-balance-sheet financing (OBSF) is an alternative method of business financing that may be used in specific situations where traditional bank financing isn’t an option. Off-balance-sheet financing refers to a practice…

Treasury management is the process of managing an organization’s financial resources in order to optimize cash flow, minimize financial risk and maximize investment returns. In the case of banks, treasury…

Many U.S. states have either already introduced commercial lending disclosure laws or are in the process of passing new legislation. These new laws are requiring commercial lenders to make consumer-type…

Statistics Canada recently published their monthly labour force survey which showed unemployment held steady at 5% in January. That figure doesn’t say much in itself but underlying that stat is…

Business debt consolidation does exactly what you might expect; consolidate a number of varying business debts into a new agreement.  It’s no surprise that many small and medium-sized businesses have…

Businesses experience cash flow challenges for a number of reasons. These problems are not all bad news; a company may be growing so fast for example, that a short-term need…

We’ve reached the final few weeks of 2022 and whether December is a busy time or a quieter period for your small business, there’s still time to complete a crucial…

The electric vehicle is nothing new, surprisingly in fact the very first concepts of electric transportation came about over a century ago; it just happens that they were way ahead…

If you haven’t started to prepare your business for recession yet, you’re not alone. With all the uncertainty globally and subsequent firefighting, you’re probably in the ‘think about it later…

U.S. Department of the Treasury recently announced an additional $1 billion in small business support in a further 11 states that may have been overlooked and underserved previously when it…

Managing and leading a business is difficult at the best of times, but with talks of recession looming and businesses still reeling from the impact of world events over recent…