COMMANDMENT # 1. BE GREEDY
All entrepreneurs want to increase sales. Those who don’t admit it are lying! In fact, they just want a big increase in sales! After all, you must agree, the question of sales growth is always worth it! And if this statement is easy enough to agree with, then difficulties arise when the second question arises. How? How to ensure sales growth? At this stage, entrepreneurs go all out and, regularly “running through the rake” of luring super-sellers and deep dumping, they understand that there can be only three effective solutions:
1. Increasing the number of contacts with clients, Continue reading
This approach to financial management is an effective alternative to obtaining a loan and is particularly relevant in situations where borrowing is difficult for any reason.
The advantages of factoring are its speed (in practice, such agreements are made much faster than lending agreements) and the absence of the need to provide collateral.
Factoring can also be used if the company does not have a very good credit history. Factoring schemes are especially relevant for small and medium-sized businesses. Continue reading