5 EXAMPLES OF INCREDIBLY HELPFUL SMALL BUSINESS ADVISORS Ask nearly any successful business owner about whether they achieved their growth alone, and you’re likely to hear the same answer: they had some help and guidance along the way. As a small business owner, it doesn’t take long to realize that you can’t be an expert […]
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Why A Cash Flow Loan is Better Than Collateral for Business Assets are the things your business owns. They include short-term ones, such as accounts receivable, cash, and inventory, and long-term ones, such as plant and equipment, intellectual property and goodwill. A business’s job is to convert assets into revenues and profits. If you are
How Your Assets May Not Be Working As Hard As You Are Read More
Trinity Event Staffing was ready to take advantage of an expansion opportunity in another major market, but the slow summer season meant hiring staff would be a challenge. IOU Financial helped them add a sales and recruitment team member without stretching their financial resources too thin. Justin Atkinson had 20 years of experience in the
Slow Season Gives Time for Expansion Read More
Business expansion is an exciting endeavor for any small business owner. Taking this step means that you have successfully sold your product or service, and it has been well received by the public. You now know that scaling your small business up could bring in some real profits. However, many small businesses fail after their
3 Factors that Can Make or Break a Business Expansion Plan Read More
For small business owners, it can be easy to invest time and attention on day-to-day management activities, get stuck doing competitive analyses, and fail to stay focused on big-picture priorities that affect the bottom line. Most business owners know the benefits of market research, yet it tends to fall further down the priority list. However,
Investing in Market Research Can Pay Off for Small Businesses Read More
New Survey Sheds Light on Slow Adoption of EMV Cards A new survey from TD Bank finds that several factors are holding back small business owners from quickly adopting cards with embedded chips, known as EMV (Europay, MasterCard and Visa) cards. EMV cards are more secure than the older magnetic strip variety, which means their
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Maximizing Sales Through Mother’s Day Marketing Mother’s Day. When our favorite female caregivers are treated to overpriced buffets, new loofas, homemade cards, spa treatments, and if you’re lucky (nay strategic), a token of affection and appreciation from your store or ecommerce business. In 2015, Mother’s Day sales were estimated at $21.2 billion – ranking right
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Employee Retention Ideas for a Bootstrapped Budget All good small business owners know the value of key employees and their importance to their business’ success. They’ve invested time to find qualified candidates, contributed resources to train them, and are acutely aware of the significant financial and opportunity losses that would be incurred if an employee
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Getting the Most from Your Small Business Marketing Budget Small and medium-size businesses don’t have the luxury of million-dollar marketing budgets that large corporations do. We know you’ve seen plenty “marketing on a budget” articles around the internet, so we wanted to take a slightly more strategic approach, providing some perspectives on “intelligently investing in
Tips for Getting the Most from Your Small Business Marketing Budget Read More
IOU Financial enters into $50 million credit facility with Midcap Financial Facility increases availability of capital to support growth, and lowers funding cost of capital Marks completion of important strategic objective for IOU management NOT FOR DISTRIBUTION IN THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTRÉAL, April 22, 2016 – IOU Financial
$50 Million Credit Facility with Midcap Financial Read More