Article from Risk and Insurance
Interesting summary article discussing the shortage of drivers contrasted with the increased regulation by the government.
National Manufacturing Day One week from this Friday (10.5.18) is designated as National Manufacturing Day. Other than some sectors having problems finding the needed workforce, times are reported good to be in this industry. However, the balance of both fulfilling work force and capital needs in the near term continue to be top-of mind. Partners Funding,
I recently attended a meeting from Enterprise MN where The State of MN Manufacturing Survey was summarized/presented. Some of the findings were quite interesting and thought we would post a summary of the key points of interest, below: 60% stated workforce is the overriding challenge Confidence highest it’s been since 2008 for both 2017 and
We ran across this article, “5 Cash Management Tactics Small Businesses Use to Become Bigger Businesses“. As written, these are good/primary tactics but there are additional alternatives that can make good cash management sense under certain circumstances (like invoice factoring). The benefit of invoice factoring is predictable/consistent cash flow and a few of the circumstances for review
The month of April is designated as “Stress Awareness Month”. I wonder if the designation is strategically placed in April because of the tax deadline? Stress is brought about by many things but have it on good authority money is a big contributor (reference tax time)! Partners Funding is equipped to help alleviate some of
“You can succeed yourself out of business if you don’t understand the relationship between accounts-payable-days and accounts-receivable-days. This perspective will provide you with a better understanding of the impact of time on cash, and how insidiously success burns cash”. – This is an excerpt from a recent article published by B2B CFO and a concept for
We ran across an article titled “How to Decide Whether You Need Debt or Equity Financing for Your Business” and thought it was worth sharing Forecasting 2018 as a great year to expand and/or start a new business, the article speaks to the importance of cash flow and making the right decision in terms of looking for
January is National Mentoring Month and this link is a nice breakout of the SBA/SBDC offices around the country. A mentor does not have all the answers but can help serve as that sounding board allowing new ideas to generate from two people communicating. If there are financial questions you are facing in your business,
Reflecting on the past several months, the “what” (funding of commercial receivables, next day) of Factoring is pretty easy to understand but the “why” from a small business perspective is a critical component not easily understood. As review, having a predictable cash flow partner, like Partners Funding, helps in many ways: Growth – by paying
It’s exciting to see all the activity and events that are schedule for the Minneapolis Start Up Week, next week. Start up businesses can face some daunting challenges especially when it comes to finding the funds to operate. Without history, sometimes finding those funds can be difficult, especially if the business wants to maintain all
We had the opportunity to attend a recent event focusing on bank lending, specifically SBA alternatives. The common theme in talking to a series of commercial loan officers seemed to be: The economy continues to be strong The main “worry” as to it’s continued strength centers around the worker shortage or “mismatch” as posted earlier.