Average Collection Period | Formula & How It Works | altLINE
Finding your average collection period helps determine the average speed of customer payment and the overall efficiency of your AR processes.| altLINE
Finding your average collection period helps determine the average speed of customer payment and the overall efficiency of your AR processes.| altLINE
The cash flow to sales ratio shows a business’s current cash flow after all capital expenditures related to sales costs have been subtracted.| altLINE
You should pay close attention to the following 12 metrics when evaluating your business performance: 1. Cash Flow 2. Net Working Capital| altLINE
The invoice factoring approval process is more streamlined than traditional lending. It offers more flexibility for businesses needing cash.| altLINE
Invoice factoring and AR financing are great alternative financing options for business owners looking to improve cash flow.| altLINE
Stuck figuring out how to choose your factoring company? Here are questions you should ask every company before signing a contract.| altLINE
Find out more information about accounts receivable financing rates, structures and fees, and how they might apply to your business.| altLINE
One of the most common issues facing any business are cash flow delays. Accounts receivable factoring is a financing option that gets you that cash faster.| altLINE
See how altLINE helped One Stop Recruiting achieve 1000% growth while reducing their accounting responsibilities in the process.| altLINE
Improve your cash flow and access working capital with invoice factoring from altLINE. We specialize in helping small and medium-sized businesses grow.| altLINE
Discover how digital transformation is reshaping recruitment, and how automated smart tools are helping agencies scale and stay competitive.| altLINE
Business owners who need money fast often seek out merchant cash advances. Learn about MCAs and their risk in this guide from altLINE.| altLINE
Creating a budget for your small business is essential, as it becomes the blueprint for reaching your growth goals.| altLINE
A holistic understanding of your profit and loss statement means you can easily evaluate your business’s financial performance.| altLINE
Unlike standard balance sheets that reveal previous data, pro forma balance sheets assess the potential impact of future financial decisions.| altLINE
Every successful business owner has a gameplan to manage accounts receivable. For many, that begins with automating processes where possible.| altLINE
Business owners and business accountants can learn the DIO formula, how to calculate DIO, and how to improve DIO in this guide from altLINE.| altLINE
Stay on top of staffing statistics and industry trends and gain valuable recruitment insights for your business in this article from altLINE.| altLINE
Failing to differentiate fixed vs. current assets will cause financial reporting errors that prove difficult and time-consuming to reverse.| altLINE
The three major financial statements provide a snapshot of a business's overall financial health and performance. 1. Balance Sheet 2. Profit & Loss Statement| altLINE
Effective working capital management is essential for every business owner. Learn how to analyze working capital in this guide from altLINE.| altLINE
User altLINE's working capital calculator to determine your net working capital and working capital ratio quickly and easily!| altLINE
Working capital changes are inevitable. For business owners, knowing the cause of such changes and how to improve working capital is pivotal.| altLINE
See how altLINE can help your business deal with slow-paying customers through our scalable invoice factoring services.| altLINE
Every business owner must know how to build a cash flow model—a form of cash flow forecasting revealing potential future financial obstacles.| altLINE
Learn more about invoice factoring rates and how altLINE eliminates the middleman and hidden fees to save your business money.| altLINE
Accounts receivable financing, also known as invoice factoring, makes it easy to access cash without taking on debt or giving up equity.| altLINE
Staffing agency factoring involves staffing firms selling unpaid customer invoices for an immediate cash advance, often to make payroll.| altLINE
Apply for payroll funding today! Payroll funding is an excellent financing option for staffing agencies because it gives them access to cash fast.| altLINE
Staffing agencies often need additional funding to make payroll and take on new clients. Here are common staffing agency financing options.| altLINE
A good business credit score is a huge factor in qualifying for business financing, so knowing how to check and monitor it is crucial.| altLINE
Start by examining your total revenue. Next, calculate EBITDA (operating income), which shows the profitability of core business activities.| altLINE
Below is an in-depth guide for business owners who are struggling to get customers to pay their invoices when they’re due.| altLINE
Knowing the main causes of cash flow problems is helpful, but learning about solutions in this guide from altLINE will protect you even more.| altLINE
A year-end accounting checklist will ensure you close accounts properly and avoid penalties or interest on taxes owed at the beginning of the next year.| altLINE
Boost your staffing agency’s growth, learn how to attract clients, and scale effectively with these proven business development strategies.| altLINE
This guide will provide the definition and formula for the 15 most important AR performance indicators for businesses across all industries.| altLINE
If shortening payment terms doesn't work, invoice factoring is a great solution for business owners who need to get paid faster.| altLINE
What is net working capital (NWC), and what does it measure? Click through to learn more about NWC, what goes into it, and how to measure business health and liquidity with it.| altLINE
Some of the best and most straightforward ways to improve working capital involve payment terms and inventory practices.| altLINE
If you’re a business owner considering invoice factoring, the Notice of Assignment (NOA) may cause you concern, but it doesn't always have to.| altLINE
Below are the most common forms of alternative lending solutions, along with which types of businesses each solution is best suited to help.| altLINE
As a business owner, it's crucial to know the most common types of invoice payment terms and how they work before landing your first deal.| altLINE
Calculating net cash flow is a simple way to determine if your business is healthy financially and on the right track. Here's how to find it.| altLINE
What is a factoring company, and what do they do? Click through this guide from altLINE to get answers before choosing your funding partner.| altLINE
A factoring contract is an agreement where a small business sells outstanding invoices to third parties — known as factors — in exchange for upfront cash.| altLINE
Invoice factoring is aimed to help businesses improve cash flow. Because it’s a sale, not a loan, the funds received aren't considered debt.| altLINE
There are numerous tried-and-true methods to increase cash flow, from implementing early payment discounts to factoring your invoices.| altLINE
Check out our in-depth guide for new business owners struggling with unpaid invoices and looking for ways to deal with them professionally.| altLINE
No-doc business loans require far less paperwork than traditional bank loans, with some examples of common types of these listed below.| altLINE
A bank factoring company is FDIC-insured and regulated at the state and federal level, while independent factors are far less regulated.| altLINE
Running a successful staffing agency requires making enough money to manage business expenses while simultaneously generating enough markup per contract to continue generating profits.| altLINE
Quickly calculate your invoice due date based on the invoice payment terms with this calculator from altLINE. See when you need to pay your invoices by.| altLINE
Learn how to calculate your staffing company's markup and bill rates to ensure your business remains profitable with each placement.| altLINE
Starting a staffing agency can be a lucrative business venture, but how do you do it? Here are the nine steps to start your staffing company.| altLINE
To help your business reach its full potential, follow along, as this guide provides seven tips for getting clients for your staffing agency.| altLINE
Learn how to set and negotiate staffing agency rates. Discover typical staffing agency bill rates and 11 tips for successful negotiations.| altLINE
Check out nine alternatives to a merchant cash advance (MCA) if you're worried that the risk outweighs the reward in this guide from altLINE.| altLINE
Accounting can be intimidating for small business owners without a bookkeeping background. We're here to help with 23 essential tips.| altLINE
Learn about the best CRM platforms for staffing companies to improve your candidate sourcing, matching, and communication efforts.| altLINE
For small businesses, getting a loan to secure funding isn’t always easy. In fact, 77% of small business owners are worried about limited access to credit affecting their ability to expand or achieve other goals. In light of common lending challenges, many lenders are willing to offer a loan when the business owner provides a […]| altLINE
Don’t let late payments derail employee payroll. Check out these payroll improvement tips to keep your staffing agency's cash flow positive.| altLINE
Follow the tips in this guide to create a perfect candidate skill assessment for your company and fill vacant positions in no time.| altLINE
By understanding what the accounts receivable collection process should look like, you can set your business up for better financial health.| altLINE
A pro forma analysis in business refers to creating pro forma financial statements that project a company’s future expenses and revenue.| altLINE
Tracking these KPIs allows small businesses to gain valuable insights into their operations, make informed decisions, and drive growth.| altLINE
If you don't have experience creating an invoice or invoice number, you can use our small business or standard B2B invoice template.| altLINE
Accounting is vital for every business as it involves auditing finances, along with ensuring your business, and your customers, are being paid on-time.| altLINE
Net 60 is one of the longer payment terms you'll find. Small business owners selling products or services might be better fit utilizing shorter terms.| altLINE
Paying invoices is a facet of running a company that first-time business owners might be unfamiliar with. Sure, you probably have a good general understanding of what an invoice is, but it’s important to understand that making an invoice payment is more than just signing your name at the bottom of the document. So, what […]| altLINE
Because slow-paying customers can seriously hinder cash flow, business owners should always consider applying late fees in contracts.| altLINE
Net 30 payment terms are one of the longer payment terms you’ll regularly find (although longer terms do exist, such as net 60).| altLINE
Net 15 payment terms, one of the more common invoice payment terms, signals to the customer how long they have to pay the invoice in full.| altLINE
If you're writing an invoice for the first time, following these seven steps will simply the process: 1. Find a Template 2. Add Branding| altLINE
Strategies such as networking and leveraging job boards should be implemented to get contracts for a nursing agency or any healthcare staffing agency.| altLINE
There are several different types of invoices, and the invoice type required for usage is going to be dependent on the type of transaction.| altLINE
Before invoicing a client, it's vital to know the best ways to send an invoice, how to format an invoice, and how invoicing software can help.| altLINE
The current ratio, also known as the working capital ratio, is an excellent tool to help you determine how much working capital you need.| altLINE
"Cash flow" is one of the most common terms in business, and for good reason—there's arguably no better indicator of a company's stability.| altLINE
Learn how to start a healthcare staffing agency with this guide from altLINE. We walk you through the steps to start your own medical staffing business.| altLINE
Read on to learn how to sell your unpaid invoices for cash and improve your business's cash flow without hidden fees or tedious processes.| altLINE
Recruitment and staffing agencies typically get paid in the form of one of three main pricing models: Flat Fee, Retainer, and Salary Markup.| altLINE
