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Potential new business owners have been watching the national news with keen interest. The New Year is bringing new promise. Unemployment is down to levels we have not seen in four years. The DOW has set records. Investors believe we have turned the corner. New home construction is up. Those making and marketing “made in the USA” are adding employees and production. For those who have been waiting for ‘just the right time’ to buy a franchise or begin a new small business, this may be the opportunity to open as the economy is gaining strength.
As the business grows, so does the quantity of data. And as new regulations such as Solvency II, Basel III and FATCA kick in, so does the quantity of information that is fed to the risk data warehouse and used to perform internal risk management and generate regulatory reports. Manual data management … Read More
He gave me a confused look and said “What are you talking about?” I explained that my husband had repeatedly called his wife (and project manager) over the course of the week and hadn’t received a call back. He gives me a confused look, then starts to berate me for my husband’s decision to move some plumbing around at the job site. I calmly explained that my husband had lost his patience because his calls weren’t being returned. So he took the job into his own hands.
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Still, a small business owner would do well to look at more than just the working capital they can obtain. The North American Merchant Advance Association (NAMAA) has rules of best working practices that they endorse for Credit Card Factoring agents. If the agent giving you a business cash advance doesn’t align with these rules, it is … Read More