Business Video Roundup: How to Fire Someone the Right Way, Managing Cashflow & More
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk offers up five quick business tips in five minutes, Phanta’s Mark Drager discusses what he learned when expanding his business to over $1 million in revenue, and Brian Tracy shares some tips on firing someone the right way—with honesty and compassion. Plus, Entrepreneur explains why a business attorney is essential and Tricia Clarkstone of creative/tech agency Narrative describes a few cashflow hacks that can be beneficial to any growing business to help keep the money rolling in at all times.
Gary Vaynerchuk: Five Business Tips in Five Minutes
Five quick, no-nonsense business tips from Gary Vaynerchuk.
Business Growth: How to Expand Your Business to Over $1 Million
Part 9 in Evan Carmichael’s series of interviews with Phanta CEO Mark Drager explores how to reach the next level once your business is doing hundreds of thousands in revenue. Drager explains how to avoid the pitfalls he initially made when scaling his business.
One Team Member You Need to Succeed: A Business Attorney
This short video from Entrepreneur explains why you should always have a good business attorney in your back pocket. You might not think you need one, but you do.
Brian Tracy: How to Fire Someone the Right Way in 8 Steps
Letting someone go can be one of the most stressful parts of being a manager or business owner. This short video outlines the right way to go about firing an underperforming employee. Honesty and compassion can go a long way.
Entrepreneur: 3 Keys to Managing Cashflow to Grow a Business
Tricia Clarkstone, the co-founder and CEO of creative/tech agency Narrative, shares a few tips on how to improve cashflow for a growing business, including diversifying revenue streams.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
What Makes the Best Factoring Company in Houston? An Honest Answer From Someone Who Runs One
Short answer: There is no single best factoring company in Houston. There is a best factoring company for your business, and which one it is depends on your invoice size, your industry, your customers’ credit, how much hand-holding you need, and how much you’re willing to pay for speed. This article gives you the criteria to figure that out — including the questions that will get you an honest…
Survival Skills for Entrepreneurs: Growing a Business Without Running Out of Cash
I’ve been in the factoring business since 1993, and I started American Commercial Capital in 2003. That means I’ve spent more than thirty years looking at the inside of small companies — their invoices, their aging reports, their customer lists, their payroll cycles.
It’s an unusual vantage point. A banker sees a polished loan package. An accountant sees last year. I see what’s happening this week, in real…
What’s a UCC-1 Filing, and Why Does My Factor Need One?
Part of our Honest Answers series — straight talk about financing a growing business.
Somewhere in the factoring agreement, usually right about where you’re feeling good about the deal, you’ll hit a line that says the factor will file a UCC-1 against your business. And for a lot of owners, that’s the moment the stomach tightens. A lien? Against me? I thought I was the one getting paid…
