Tue.Jun 20, 2023

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Crafting a path to better cash flow: how Chaser supports breweries

Chaser

The brewing industry in the UK is in a critical condition. According to data gathered by the Peninsula Group , the number of brewers going out of business jumped by 300% in just the last year.

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10 Spending Habits Impacting The Future of Your Retirement

Due

Today’s actions determine our future. This is true for many areas of life. In particular, for financial reasons. Bad money habits make people unable to afford to retire. However, this can be avoided. It is enough to get rid of habits that have a negative impact on the financial situation. By starting to make the right decisions now, you will ensure your own secure future.

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Developing and Executing a Business Plan

Inc. Authority

Developing and executing a business plan is a crucial step in starting and running a successful business. A well-written and carefully executed business plan serves as a roadmap for the company’s success, providing a clear direction for its growth and … Continue reading → The post Developing and Executing a Business Plan appeared first on Inc Authority.

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What to Do with Your 401(k) During a Recession?

Due

There’s been a lot of press in the last year dedicated to asking whether or not we’re in a recession. Because the National Bureau of Economic Research (NBER) calls recessions retroactively, we could be living in one now and not realize it. Many experts still maintain that a recession will be announced in 2023, though we have yet to see how severe it will be.

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How You Can Increase Deposits in a Post-SVB World

Biz2X

Once Silicon Valley Bank failed, regional and community banks had a new world to navigate. Silicon Valley Bank’s decline resulted in a record drop in deposits for small banks. According to CNN : “Deposits at small banks fell $119 billion to $5.46 trillion in the week ended March 15, which was more than twice the previous record drop and the biggest decline as a percent of overall deposits since the week ended March 16, 2007.” Consumers lost faith in regional banks.

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Getting Started With PR For Small Business

Lendio

You’re eager to make a name for your business, but getting in front of the right people (or, honestly, any people at all) can feel like a challenge. That’s especially true for small business owners who don’t have large teams or endless resources to dedicate to marketing or public relations, commonly abbreviated as PR. The good news is that reaching new audiences doesn’t need to be an overwhelming task—especially if you follow this expert advice for small business owners who want to handle their

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How to Set Up Google Ads For Your Small Business

Lendio

Before we teach you how to set up Google Ads, let’s familiarize you with a few common terms you will find during this process. Terms Keywords – These are the words or phrases that people type into Google Search, which trigger your ad to appear. During ad campaign setup, you select keywords matching what users may search for. Bid – It represents the maximum amount you’re willing to pay when someone clicks on your ad.

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Trinseo Bondholders Working With PWP; Company Retains Centerview Partners; Ad Hoc Lender Group Working With Evercore to Assess Balance Sheet Options Ahead of Upcoming Debt Maturities

Reorg Blog

The post Trinseo Bondholders Working With PWP; Company Retains Centerview Partners; Ad Hoc Lender Group Working With Evercore to Assess Balance Sheet Options Ahead of Upcoming Debt Maturities appeared first on Reorg.

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Hiring Mistakes To Avoid As A Small Business Owner

Lendio

Navigating the recruitment process can be a challenging task, particularly for small businesses. There are many common mistakes small business owners make during the hiring process that may end up costing considerable time and resources to correct in the future, and every hire counts in small business operations. The following examples are mistakes you can avoid by leveraging technology, adopting best hiring practices, considering contract workers and investing in a productive hiring process.

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Global Credit Highlights: June 2023

Reorg Blog

Reorg’s editorial leadership has selected the following list of the most compelling and topical situations across our global coverage universe. For any suggestions, please email us at questions@reorg.com.

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Employee Handbooks: What They Are And Why Your Business Needs One

Lendio

Do you have an employee handbook? And does your small business need one? Employee handbooks are written documents that explain policies, certain procedures, behaviors, and even some essential and background information for employees. While handbooks are more likely to be online documents today, rather than old-school paper tomes of generations past, the function of your company’s handbook is still the same—to ensure employees know what is and isn’t okay in the workplace.

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Journalist Group Moves for Reconsideration From PROMESA Oversight Board

Reorg Blog

UPDATE 2: 5:53 p.m. ET 6/16/2023: Journalist group Centro de Periodismo Investigativo Inc. filed today, Friday, June 16, a motion “to reconsider, vacate or modify” a June 12 judgment by the U.S. Court of Appeals for the First Circuit directing the U.S.

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Navigating the future of client digital solutions

Onguard

Insights from Aon and Onguard In April 2023, Aon and Onguard held a strategic session. This was an opportunity for Aon PolicyManager Product Leader Els van Leeuwen and Onguard Managing Director Adriaan Kom to reflect on client digital solutions of today and tomorrow, as well as their personal experiences engaging with clients. They each had 3 specific questions for each other.

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Primary/Waterfall Analysis: EG Group

Reorg Blog

EG Group has launched an amend-and-extend transaction to push out the maturities on about $6.09 billion of its existing term loan Bs. The transaction will term out the 2025 term loan Bs by three years, and one 2026 term loan B by two years to 2028. Commitments are due tomorrow, Wednesday, June 21.

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[Ebook] The costs of collecting payments

GoCardless

Do you know how much your payments actually cost you? From failed payments to fraud, discover the indirect costs of collecting payments that impacts your bottom line.

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Trinseo Bondholders Working With Perella Weinberg Partners

Reorg Blog

Trinseo's 2025 bondholders have hired Perella Weinberg Partners as they work on a deal to address near-term maturities.

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Scale your business without scaling your payment costs

GoCardless

Manual processes to late payments. Don’t let inefficient payments hold you back.

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Managing Credit Risk to Maximize Revenue in Tough Times

Your Virtual Credit Manager

Small businesses are under a lot of pressure. Lacking the resources and resiliency inherent to most larger enterprises, smaller concerns tend to experience much more turbulence when economic headwinds build. It is therefore no surprise that small business owners’ top economic concerns are inflation, recession, commodity prices, the U.S. political environment, and interest rates in that order.

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Cheaper payments that pay more

GoCardless

Getting payment collection wrong could impact your bottom line.

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Complete Guide To Credit Control For Business

Know-It Global

Download this guide as a pdf as well as our other resources for free here ! Credit control is a vital aspect of financial management for businesses. It involves managing credit sales and making informed credit decisions, ensuring timely payment from customers, and minimising bad debt. This guide provides a comprehensive overview of credit control practices and strategies that your business can implement to mitigate credit risk, reduce debtor days and boost cashflow!

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Spend Management: Tips and Strategies for Effective Cost Control

Accounting Department

Every business faces a variety of major accounting and spending-related challenges. Chief among them — how can a business keep its spending to a minimum while still ensuring that they invest in growth areas and achieve its business goals?

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The Small Business Owner’s Guide to Online Reviews

Lendio

The power of online reviews offers small businesses both huge advantages and risks. Online reviews greatly reduce the problem of discovery. Anyone with Google Maps and a Yelp account can find your local business, even if it is brand-new. But at the same time, a single one-star review could drive away thousands of dollars of revenue. In this guide, we’ll take you through the importance of online reviews, their major platforms, how to get more reviews, and how to handle the bad ones.

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9 Uncomfortable Truths About Money Only Rich People Understand

Due

Who does not want to be rich? While it is true that money can be the solution to many of your problems, it is also true that money itself can bring a lot of problems. Having millions of dollars of net worth can easily put even the brightest minds out of their wits. Getting rich is one thing, and sustaining the money to stay rich is a different story.