This article will help you figure out how to calculate the cash conversion cycle and why it’s essential for small business owners to know.| altLINE
Learn how freight brokers pay carriers and what to do if your broker isn't responding to payment requests or refuses to pay your invoice.| altLINE
Learn what a letter of release in this article from altLINE. We'll walk you through what to look out when factoring trucking invoices.| altLINE
Invoice factoring and AR financing are great alternative financing options for business owners looking to improve cash flow.| altLINE
An IRS Form 941 and W-4 are federal documents needed to open a staffing agency, while state documents like a Tax ID Number are also required.| altLINE
A good marketing strategy helps your employment firm attract more clients and grow quicker. Check out this guide from altLINE to learn more.| altLINE
With behavioral interview questions, recruiters and staffing agency owners can learn new information that they wouldn't find on a resume.| altLINE
Tracking your free cash flow, or FCF, is essential. It may seem daunting, but this article will detail what free cash flow is and how to calculate it.| 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
Staffing agency factoring involves staffing firms selling unpaid customer invoices for an immediate cash advance, often to make payroll.| altLINE
Learn all about payroll funding in this article from altLINE. We will break down what payroll funding is, the pros and cons of it, and more.| altLINE
One of the most common ways to find new business and promote your agency in the staffing industry is by joining staffing associations.| altLINE
If you're thinking of becoming a truck driver, you will eventually be faced with the choice of being an owner-operator vs. company driver.| altLINE
Invoice verification involves matching products or services received with what is listed on an invoice to ensure businesses are not overcharged.| altLINE
With over 25,000 agencies, there is stiff competition in the staffing industry. Click through for 8 great tips to grow your staffing agency and stand out from the pack.| 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
Tips for small business cash flow management include offering quick payment terms, u using accounting software, and factoring invoices.| 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
Performing a cash flow analysis and looking at your expenses can be the difference between your business floating or sinking.| 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
A bank factoring company is FDIC-insured and regulated at the state and federal level, while independent factors are far less regulated.| 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
The freight billing process involves more than just agreeing on terms and negotiating rates. Here's what you need to know.| 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
Learn how to get an LLC for your trucking company with this article from altLINE.| altLINE
Learn how to perform a working capital analysis with this article from altLINE. We walk you through how to calculate your net working capital and analyze the outcomes.| 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
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
Invoice reconciliation is the process of matching invoices with accounting records. Reconciling invoices ensures accuracy and prevents overspending.| 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
Benefits of e-invoicing for business owners include faster payment, reduced opportunity for manual error, and the convenience of invoicing software.| altLINE
New business owners may not have experience handling accounting tasks. An important first step is learning the differences between invoice vs. receipt.| altLINE
Every business owner should know the differences between a purchase order vs. invoice, both of which are necessary documents for most transactions.| altLINE