Going into business for yourself is a big deal. There’s always a long to-do list and if you’re not making money, your business is more of a hobby.
How Many Business Fail in the First 2 Years?
Business failure refers to a situation in which a company or business ceases operations because it is unable to generate sufficient revenue to cover its expenses.
Cash Is King: Use Your Cash Conversion Cycle to Save on Pretax Profits
At business school I was taught that cash is king. Here at Summar we definitely see our clients living by this motto.
Are You Putting All Your Eggs in One Basket, or Do You Diversify?
One thing that we believe very strongly in with our business is... Customer Diversification.
Seven Entrepreneurs Reveal How They Scaled Their Business
In every successful entrepreneur’s life there comes a breaking point: When you either must clone yourself, bury yourself under the covers until all your clients disappear… or scale your business.
All You Should Know About Purchase Order Financing
Purchase Order Financing (PO financing or PO lending) can be of enormous importance and benefit to a small business or startup when cash flow is a primary consideration.
Factors Stepping into the Shoes of Trade Finance Banks
In this post, we want to comment on the various products that have emerged in the field of trade finance. We collaborated with a Seasoned Banking Representative that was trained in New York City.