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Create Your Own Referral Sales Force
Joining referral networks or local chamber groups can be a great way to help you network and generate referrals. The most powerful way to use this strategy, however, is to grow your own.Almost any business can benefit from having a group of trusted providers effectively marketing your business like a referral sales force. When you build your own private referral network your business benefits in two very powerful ways: you experience an increase in leads and you have additional resource to bring to your client relationships. In some cases, this second benefit may produce the greatest long-term impact of this approach.How to build itThe key to building your own referral network is to focus on

position

Ideal Candidates

• Start-ups
• Companies suffering financial setbacks
• Service Companies
• Companies with seasonal orders
• Mature companies seeking cash flow support
• Companies seeking credit assistance
• Businesses experiencing rapid growth
• Non-bankable businesses

An example of the application process:

1. Complete the application
2. Provide your most recent and detailed accounts receivable aging report
3. Provide your most recent and detailed accounts payable aging report
4. Provide an actual sample invoice
5. Provide a copy of your Articles of Incorporation/d.b.a. filing
6. Provide a copy of your customer list
7. Some factoring companies require financial statements, others do not.

Preferred Industries

Oh, Behave -- 10 Tips to Resolve Employee Conflicts
Put many different people together in one place, day after day after day, and conflicts are bound to happen. Most people work them out on their own, but what happens when the conflict doesn't go away and threatens the productivity of your entire staff or team?We've all seen it – Mary isn't speaking to Susan; Ted and Tom can't be put on the same project; Bill goes behind Karen's back and "forgets" to include her in project discussions. Some days, it's like working in a kindergarten. As the manager, what is your role in resolving workplace conflicts?The knee-jerk response of most managers is to overlook the conflict, in the hopes that it will go away. After all, we think, these people are adults; I s

Ideal Candidates for Accounts Receivable Factoring:

Any business that provides a product or service to other creditworthy businesses and is constrained by their day-to-day cash flow situation.

Does your business need:

• Cash to Cover Payroll?
• Working Capital to Fuel Growth?
• Help with Cash Flow Problems?
• Help because of Bank Turn Downs or refusal to extend current lines?
• New Equipment to Grow?

What is factoring?

In a traditional factoring arrangement, a company actually sells its receivables to another company (a “factor”) at a discount. After the sale, the receivables balances are carried on the factor’s balance sheet since title has passed. Because the factor then owns the receivables, it generally provides all the required credit, collection and accounting services necessary to collect the receivables, including assumption of the ultimate loss exposure from the client debtor. The important difference between factoring and asset-based lending is ownership. In factoring, the receivables are purchased and owned by the factor. In asset-based lending arrangements, accounts receivable are pledged to the lender as security for the loan, but the borrower retains ownership and complete control of the receivables and the value of the receivables remains on the borrower’s financial statement.

Keeping the cash flowing is a challenge for all businesses. Does your company face cash flow challenges because of slow paying customers? Have you been forced to decline new opportunities because of cash flow issues?

As every business owner knows, sales alone do not measure the profitability of a company. For example, sales may be increasing, but a company may have to wait weeks or even months for payment. During that time, your company cannot purchase materials for more orders, meet payroll, or other basic operating expenses. The solutions may be Accounts Receivable Funding provided through Diversified Funding Services, Inc. Accounts Receivable Factoring is quickly becoming a popular choice for its flexibility and rapid injection of needed capital.

Why Accounts Receivable Factoring is a Popular Choice in Today’s Business World

Accounts Receivable Funding or “factoring” has been in existence for several decades. Today, virtually any-sized business that extends credit to other businesses for goods or services can enjoy the many benefits of Accounts Receivable Funding.

Simply stated, Account Receivable Factoring is the exchange of creditworthy commercial accounts receivable for an immediate injection of working capital. When an invoice is generated, it may be purchased with an advance of anywhere between 75 to 90% of the net invoice amount. When your customer pays the invoice, you will receive the reserve portion minus a nominal servicing fee.

Why Accounts Receivable Factoring Makes Financial Sense

Accounts Receivable Factoring offers many Advantages:

• Initial funding is typically available between 5-7 business days upon receipt of completed formal agreements, and then all future advances are funded within 24 hours.
• Accounts Receivable Funding does not create a financial liability on your company’s balance sheet and generally no other collateral (outside of the receivables) is required.
• The amount of funding available to you is only limited by the creditworthiness of your customers.
• Accounts Receivable Factoring will focus on the creditworthiness of your clients instead of your financial history.
• Accounts Receivable Factoring allows quick access to working capital, instead of waiting 30, 60 or 90 days to receive payment from your customers, money is immediately available on demand.

Accounts Receivable Factoring Programs have been “generally” designed with the following criteria in mind.

• Your company must be providing a product or service to other credit worthy businesses
• Your company must be selling on terms
• Your company must be billing in arrears (no pre-billing)
• Your company must have minimum monthly sales of at least $10,000 or annual sales of $120,000
• Your company is not required to be in business for any length of time
• Your company should have the capability to generate financial reports (A/R and A/P aging reports, etc.)
• Your company may have current and/or historical losses or a deficit net worth position

Ideal Candidates

An example of the application process:

Preferred Industries

How You and Your Business Can Benefit from an Answering Service
A large number of individuals dream of owning their own business. A number of those individuals are able to make that dream come true. If you are one of those individuals, there may come a point in time when you have too much business. Too much business often means a large amount of money. Instead of complaining about too much business, there are many business owners who take action. This action often involves outside assistance, such as an answering service.An answering service is designed to provide your customers with a real voice instead of an automated answering machine, when you are unavailable to answer their calls. Answering services operate all around the world. Their goals

asset-based lending arrangements, accounts receivable are pledged to the lender as security for the loan, but the borrower retains ownership and complete control of the receivables and the value of the receivables remains on the borrower’s financial statement.

Why Accounts Receivable Factoring is a Popular Choice in Today’s Business World

Why Accounts Receivable Factoring Makes Financial Sense

Accounts Receivable Factoring offers many Advantages:

Accounts Receivable Factoring Programs have been “generally” designed with the following criteria in mind.

Ideal Candidates

An example of the application process:

Preferred Industries

Consider Working from Mexico
With modern technology, Mexico can be an attractive base of operations for many people who operate their business over the Internet. With a little planning Mexico can offer a safe but exciting place to work from.There are several advantages to working from Mexico. The cost of living is lower particularly in the cost of housing. Homes that would cost millions of dollars in the U.S. often rent for less than $900 per month. The pace of life is often slower and for many people the chance to learn a new language and culture has benefits that go beyond any monetary value.Some types of work lend themselves to working from Mexico better than others. If most of your work involves using the Internet and phon

World

Why Accounts Receivable Factoring Makes Financial Sense

Accounts Receivable Factoring offers many Advantages:

Accounts Receivable Factoring Programs have been “generally” designed with the following criteria in mind.

Ideal Candidates

An example of the application process:

Preferred Industries

Eliminating Business Debt
Whether you’re a large, limited company falling behind on your bills, or the sole trader of a small business that hasn’t paid themselves in months, there is one common ground which they both share, business debt is dragging you down and needs to be eliminated.Every business faces financial difficulties at one point or another, no matter their size. Ignoring such difficulties and pretending they don’t exist is not going to make the situation better. A strong strategy at the beginning stages of troubling times is the absolute best plan of action.There are many options available to help you to get out of debt, differing with the extent of the difficulties. Limited companies may repay their bills via

equired.
• The amount of funding available to you is only limited by the creditworthiness of your customers.
• Accounts Receivable Factoring will focus on the creditworthiness of your clients instead of your financial history.
• Accounts Receivable Factoring allows quick access to working capital, instead of waiting 30, 60 or 90 days to receive payment from your customers, money is immediately available on demand.

Accounts Receivable Factoring Programs have been “generally” designed with the following criteria in mind.

Ideal Candidates

An example of the application process:

Preferred Industries

Business Owner's Essentials - Cashflow is a Critical Factor
It’s certainly possible to start a business with no initial money but it’s a big challenge. Whether you have funding to begin or not one of the most critical elements of your business is how you forecast and control your cashflow.The first step is to build a business model to establish how cash much you will need. Your business model should include a month by month projection of your predicted sales and all related costs. You need to make sure you have thought of all possible costs that you could incur. And you need to include enough money to make sure you can live.In your business model you should have calculated how much it will cost you to start your business and how much you will need to co

position

Ideal Candidates

An example of the application process:

Preferred Industries

• Service
• Temporary Staffing
• Security companies
• Manufacturing
• Transportation
• Textile/Apparel
• Computer Consulting
• Distribution Companies
• Printers
• Sub-Contractors
• All other Industries
• Any company that provides a business to business product or service to another credit worthy business!

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It's a jungle out there...if someone isn't buying from you, they are buying from someone else. Find out how to convert their customers over to you!

The Internet has undoubtedly conquered every aspect of the business arena. It is rare to find business offices without computers these days. Practically a hundred percent of the business offices in the United States own computers to process their business transactions. This holds true in other first world countries such as Japan, Western Europe and China. In a simplified concept, the face of the earth is basically connected to the worldwide web that makes business more profitable and accessible.

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