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Money $marts Food For Thought

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True or False: The cost of having an internal credit monitoring and receivables collection department exceeds the cost of factoring?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 1 Comment »


True or False: Offering net 30 terms means that your client will pay you in 30 days?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 10 comments


Which is more risky? Taking on a Fortune 500 client @ net 30 terms or factoring or taking on a privately held company doing <$10MM annually in sales?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | No Comments »


True or False: If a customer takes a 2% net 10 day discount then you as a business owner will most likely have that money in your bank and working for you in 16 days?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 5 comments


True or False: If a customer takes a 2% net 10 day discount then you as a business owner will have that money in your bank and working for you in 10 days?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 5 comments


Which process creates more liability to the owner of a business? Credit Card Processing or Factoring?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 1 Comment »


Which affects you the most? Utilizing a credit card (s) for capitalizing your business or factoring your accounts receivables?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 3 comments


Which costs more? Credit Card Processing or Factoring?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | No Comments »


Which is more expensive? Offering a 1% net 10 day discount or factoring at a cost of a 3% discount on 30 days?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 2 comments


Which is more expensive? Offering a 2% net 10 day discount or factoring at a cost of a 4% discount on 30 days?

Mar 22nd, 2010 | By Ernie Brown | Category: Money $marts Food For Thought

Posted in Money $marts Food For Thought | 1 Comment »


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