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When the owner of a Texas business services company needed quick operating cash, merchant cash advances seemed like the perfect solution. But the decision nearly cost him his business. Kevin [...]

The interest rate increases that began in March 2022 have proven surprisingly enduring, with many policy-makers and pundits now referring to a “higher for longer” rate environment. [...]

SURVEY: 3 in 5 accountants make errors every month A new survey from Gartner reveals that most accountants (59%) make errors every month as increased regulatory complexity and economic volatility [...]

The role of accounts receivable in a company’s success is often underestimated. Sales, marketing, and product or service delivery are seen as revenue generators, while accounts receivable [...]

Nonpayment affects every business, but for small to mid-sized businesses (SMBs) who sell to other businesses, the stakes are especially high. Unlike enterprises, SMBs often have a smaller credit [...]

At a time when business bankruptcies and interest rates are rising, companies face higher risks of nonpayment for goods and services delivered. Yet many are not managing credit carefully enough [...]

A recent report revealed that the number of companies restating results or revealing accounting flaws surged more than 150% in 2023, proving that even large companies struggle to manage their [...]

Amid spiking interest rates, rising costs, a tight talent market, and a troubled supply chain, businesses are facing bigger financial challenges than they have in decades, a reality that is [...]

According to the Bureau of Labor Statistics, 18% of small businesses fail within their first year, while 50% fail after five years and approximately 65% by their tenth year in business. While no [...]

Businesses in every industry have seen their financial resilience pushed to the limit in recent years. Since 2020, business owners have faced a pandemic, inflation, rising interest rates, a [...]