Need Short-Term Working Capital? Have You Considered A/R Factoring?
Although I’m not a CPA or what I would call a legitimate accountant, I have some small business bookkeeping experience—and like every other small business owner I know, I know that cash flow is king. Poor cash flow has been… Read More
Today is International Women's Day
Because today is International Women’s Day, it just makes sense to celebrate all the women entrepreneurs building successful businesses. A couple of months back, Lendio CEO Brock Blake and entrepreneur Vivian Bohme of Bohme Botique were on the local news… Read More
Does Appearance Affect How You Treat (and pay) Your Employees?
Who do you pay the most in your business? I think we all know that we shouldn’t discriminate based upon sex, ethnicity, and appearance—but is that how it falls out in the real world? Although none of these criteria have… Read More
Why Us? How do You Differentiate Yourself From Your Competition?
If you can’t answer the question, “Why us?” everything becomes based on price. I’ve mentioned this before, I grew up in a small business. We sold industrial supplies, primarily bolts and nuts. I’m not sure there is any more of… Read More
Put the American Dream on Hold? No Way!
Despite the machinations of our political leaders in Washington, I don’t plan to put my dreams on hold just because the brainiacs in Congress and the White House can’t seem to get along. Hopefully the nearly 30 million small business… Read More
Sometimes We Try Too Hard
Not too far from where I live there is a very good Chinese restaurant. The food is delicious, the service is exemplary, and it’s not too expensive. Every time we go there we’re greeted by a friendly maitre d’ who… Read More
Is Telecommuting a Failed Experiment?
Despite studies from Stanford, the University of Texas, the Bureau of Labor Statistics, and others that suggest call center employees increased their performance by 13 percent working from home, most people who work from home add five to seven hours… Read More
Is Facebook Worth the Effort for Small Business?
I’m a big advocate of social media, including Facebook, but whether or not it’s right for your business depends largely upon what you expect it to do and the type of business you’re in. Having been active in social media… Read More
Can’t Get a Loan From the Bank, Call the Mayor
Believe it or not, Oceanside California is thinking about stepping in where some banks fear to tread. According to a recent piece on UTSanDiego.com, City Manager Peter Weiss and Economic Development Coordinator Tracey Bohlen are considering a tentative proposal to… Read More
Got Financing? What Next?
There’s no question, access to capital is a critical component of growth for many companies. In fact, when we ask our customers, “funding growth and working capital,” are the two biggest reasons they visit Lendio in the first place. Jeff… Read More