In this episode of #TheMoneyFactor, I breakdown 5 tips to run a successful business. 

Check out Eagle Business Credit for invoice factoring solutions to help your business’ cash flow: http://bit.ly/2Zhf1As

In this episode of the #TheMoneyFactor we discuss:

Check out Eagle Business Credit for invoice factoring solutions to help your business’ cash flow: http://bit.ly/2Zhf1As

In this episode of The Money Factor, Ian is answering a few questions on business expansions: 

If you enjoyed the episode, please review us on iTunes and subscribe to us on Youtube.

Check out Eagle Business Credit for invoice factoring solutions to help your business’ cash flow: http://bit.ly/2Zhf1As

About Ian

Ian Varley is the CEO of Eagle Business Credit. Working capital funding is a way of life for him and his can-do approach when crafting a facility for his clients has kept thousands of companies in business and helped them grow. He is passionate about helping small businesses in America and believes that discount factoring and financing receivables are the simplest way a business can fund itself.  On #TheMoneyFactor Ian speaks with industry experts and takes questions from people seeking advice about business finance and the business world in general.

In this episode of The Money Factor, we discuss:

If you enjoyed the episode, please review us on iTunes and subscribe to us on Youtube. 

Check out Eagle Business Credit for invoice factoring solutions to help your business’ cash flow: http://bit.ly/2Zhf1As

About Ian

Ian Varley is the CEO of Eagle Business Credit. Working capital funding is a way of life for him and his can-do approach when crafting a facility for his clients has kept thousands of companies in business and helped them grow. He is passionate about helping small businesses in America and believes that discount factoring and financing receivables are the simplest way a business can fund itself.

In this episode of The Money Factor, we're discussing finding and attracting the best talent for your business.

On this Episode of The Money Factor

Connect with me on social media:  

Website: http://bit.ly/2ykyLaX

Twitter: http://bit.ly/2Zcibp2 

Facebook: http://bit.ly/2ZfO9AW 

Facebook: http://bit.ly/2Zim7EK

LinkedIn: http://bit.ly/2ZiPwPs 

LinkedIn: http://bit.ly/2ZaTh9w 

About: Ian Varley is the CEO of Eagle Business Credit. Working capital funding is a way of life for him and his can-do approach when crafting a facility for his clients has kept thousands of companies in business and helped them grow. He is passionate about helping small business in America and believes that discount factoring and financing receivables is the simplest way a business can fund itself.

On this Episode of The Money Factor: 

Connect with me on social media:  Website: http://bit.ly/2ykyLaX Twitter: http://bit.ly/2Zcibp2 Facebook: http://bit.ly/2ZfO9AW Facebook: http://bit.ly/2Zim7EK LinkedIn: http://bit.ly/2ZiPwPs LinkedIn: http://bit.ly/2ZaTh9w 

About: Ian Varley is the CEO of Eagle Business Credit. Working capital funding is a way of life for him and his can-do approach when crafting a facility for his clients has kept thousands of companies in business and helped them grow. He is passionate about helping small business in America and believes that discount factoring and financing receivables is the simplest way a business can fund itself.

Feel like you're wearing too many hats and don't have enough time to focus on your sales? I get into some of the various ways to maximize your sales strategy on this episode of #TheMoneyFactor.

www.EagleBusinessCredit.com

#IanVarley #TheMoneyFactor #EagleBusinessCredit

On this episode of #TheMoneyFactor, we’re joined by Pamela Carnes, the CEO & President of the Cherokee County Chamber of Commerce to chat about the benefits of joining your local chamber of commerce for your business. We discuss how to find the right local chamber for you and how to get the most out of your membership.  

#TheMoneyFactor Episode: 010- How do you recession-proof your business? 

Website: http://bit.ly/2Zhf1As

Twitter: http://bit.ly/2Zcibp2

Facebook: http://bit.ly/2ZfO9AW

Facebook: http://bit.ly/2Zim7EK

LinkedIn: http://bit.ly/2ZiPwPs

LinkedIn: http://bit.ly/2ZaTh9w

 #IanVarley #TheMoneyFactor #EagleBusinessCredit

- Are you worried about recession-proofing your business? That's what we're talking about today, on The Money Factor. Hi, I'm Ian Varley, welcome to The Money Factor. A lot of people are worried about recession-proofing their business. We've been getting a lot of questions online. Let's take the first one.

 I have financial partners in place, but I'm concerned about a recession. What should I do to prepare?

- That's a great question. You have to have a financial partner for your business that is not just a fair-weather friend. They're going to have to be there through thick and thin. And when recession comes and bites, are they gonna stick with you, or are they going to be very easy to call in a default if you get behind or have a bump in the road. That's one thing to start looking at, and start talking to your Relationship Manager if you have one. A lot of people have gone the online lending route. They don't even have a relationship with them. They've applied online, got approved very quickly, everything's great. But think about, okay, if things turn down a bit and you get behind on a payment, who you gonna speak to and say, "well, actually I have all this sorted, "can you, you know bear with me a bit." They won't be there. In actual fact, a lot of people are concerned that some of these online lenders, being that they approve using algorithms and other sophisticated things, are really not prepared for a recession. I was reading something about some of these people, where they're already adjusting their processes and their approval methods in preparation for that. So we may see during the latter part of this year, that the amount of new online loans goes down. So, my point is, is your financial partner really there for you in a recession? Look at, if you have a loan or a line of credit with the bank, look at the covenants that you've signed up for. Are there financial covenants that could be something you trip accidentally or just because your business isn't performing so well during a recession, that could really put you behind. Have a look at that now. Now is the time to prepare, because you have to be sure that that financial partner will stand through difficult times with you. Think about factoring. We will look at your receivables. We know that things can get behind. We live in the real world. We're less focused on your financials or your credit score, things like that. We really are somebody that sticks with businesses as they resolve problems and turn things around. We're not scared by it, and that's a question you should ask yourself. Is your lender going to be scared by issues that you might have during the recession. If you think the answer is yes, start looking for an alternative now. That's my best advice.