Business Video Roundup: Deception, Science, Food Empires & Global Sourcing Trends
In this week’s roundup of great videos for entrepreneurs and business owners, Stanford Graduate School of Business presents a fascinating conversation on deception in business, Fast Company looks at how Nike uses science to stay ahead of the competition, and Restaurant Influencers talks to Stacey Poon-Kinney of The Trails Eatery in San Diego, California, about overcoming obstacles in the restaurant business and learning to ask for help. Plus, Inc. and Alibaba.com offer some advice on sourcing around supply-chain risk in 2022, while Forbes shows how a talented chef built a highly profitable food empire at the age of 19.
Stanford GSB: Can the Law Deal with Deception in Business?
Where’s the line between aggressive salesmanship and straight-up fraud? When a business does cross that line, can the markets self-police in terms of dealing with deception or does the law need to step in? Those are some of the questions tackled in this fascinating one-hour conversation between Judge Jed Rakoff and journalist Bethany McLean, co-author of The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron.
Fast Company: Science Keeps Nike Ahead of the Curve
A quick, interesting look at how Nike uses science to innovate—and stay ahead of the market.
Restaurant Influencers: Stacey Poon-Kinney of The Trails Eatery
Stacey Poon-Kinney’s The Trail Eatery is world-famous thanks to countless appearances on the Food Network shows and hefty media coverage. But how did she get there? This 27-minute interview for Restaurant Influencers gives some insight into her journey, including overcoming obstacles in the restaurant business and learning to ask for help when you need it.
Inc.: Trending NEXT – A Free Virtual Event on Global Sourcing Trends
As businesses continue to face supply-chain disruption in the wake of the pandemic, Inc. and Alibaba.com conducted this 30-minute virtual event to try to help out. They go over several topics related to global sourcing—what to source, guidance on finding the right suppliers, and ways to decrease supply-chain risk in 2022. Obviously Alibaba has a vested interest in this topic, but even if you don’t wish to do business with them, there’s plenty of great information and advice to be found in this conversation.
Forbes: How One Chef Built a Food Media Empire at 19 Years Old
How 19-year-old chef Eitan Bernath built a food media empire by cultivating a massive social-media following—and knowing how to use his platform to develop an extremely profitable business.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
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…
How to Record Factoring Transactions and Keep Your Books Accurate
To record factoring transactions accurately, your books need to handle four things a standard accounts-receivable workflow was never built for: the factor’s advance, the withheld reserve, the fee, and the release of that reserve when your customer pays. This guide shows you how to record factoring transactions using three dedicated general-ledger accounts and four simple journal entries — and how to choose between the gross and net-of-discount methods of presenting…
Recourse vs. Non-Recourse Factoring: What’s the Difference, and Which One Is Right for You?
When business owners start looking into invoice factoring, two words come up fast: recourse and non-recourse. They sound like fine print, and plenty of owners nod along without really knowing which one they’re signing up for. But this is one of the most important choices in any factoring agreement, because it decides who eats the loss if your customer doesn’t pay. After decades of financing small businesses, I…
