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http://www.BruceWood.Net?t=Accounts-Receivable-Factoring-v Are you a business owner faced with financing your receivables with a factoring broker? The temporary relief to your cash flow may eventually erode your business as the discount (financing... more
http://www.BruceWood.Net?t=Accounts-Receivable-Factoring-v Are you a business owner faced with financing your receivables with a factoring broker? The temporary relief to your cash flow may eventually erode your business as the discount (financing cost) erodes the profits you need for expansion and continued operation. Bruce Wood, an artist and entrepreneur, explains how receivables factoring played a part in his former businesses, and introduces a new internet business model which has non of the drawbacks of employees, inventory or financing receivables. less
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