Business Video Roundup: Success Advice, How to Increase Profits & Sales & More
In this week’s roundup of great videos for entrepreneurs and business owners, Brian Tracy shares 10 tips for increasing your profits and sales, Flower Flash NYC founder Lewis Miller details his journey as an entrepreneur, and CNBC explores the rise and fall of one of the most successful clothing brands of the 2000s—American Apparel. Plus, Evan Carmichael has put together the top 10 rules for success from the 2020 presidential candidates. Whether agree with their politics or not, there’s some terrific advice.
Brian Tracy: 10 Tips to Increase Profits and Sales for Your Business
“A general rule in business to remember is that you can only improve the variables that ultimately determine your level of profitability,” Brian Tracy says. In this seven-minute video, he offers up 10 tips for improving those variables that will affect your bottom line.
Forbes: Here’s How the Florist Behind New York’s Flower Flash Built His Business
Flower Flash’s Lewis Miller tells his journey as an entrepreneur, from humble beginnings to great success.
CNBC: The Rise and Fall of American Apparel
This 15-minute video from CNBC explores the rise and fall of one of the most popular and successful apparel brands of the 2000s—American Apparel. Ever since former CEO Dov Charney was terminated from the company in 2014, the brand has struggled to regain relevance. Is the new turnaround plan going to be enough to regain their prominence in the marketplace?
Evan Carmichael: Top 10 Rules for Success from the 2020 Presidential Candidates
Evan Carmichael presents the top 10 rules of success from our current presidential candidates. Whether you’re a Democrat or Republication, and even if you don’t agree with them on all (or any) of the issues, there’s some great advice here.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
Can Factoring Help Me Make Payroll on Time?
Yes. If making payroll is the specific worry that brought you here, invoice factoring is one of the fastest, most reliable ways to solve it. Factoring converts your unpaid invoices into cash within about a day, so you can make payroll on time no matter how slowly your customers pay.
For a lot of business owners, “can I cover payroll this week?” is the single most stressful question…
How Does Invoice Factoring Affect My Business Credit?
This is a thoughtful question, especially if you’re trying to build your business credit carefully. The short answer is that factoring is generally gentle on your credit profile — and in some ways can help it — but there are a few nuances worth understanding.
Start with the most important point: factoring is not a loan, so it doesn’t add debt to your business credit profile the way…
What Type of Invoices Can Be Factored?
Not every invoice qualifies, so it’s worth knowing what makes one factorable before you count on it. The good news is that the rules are sensible, and most standard B2B invoices fit just fine.
At the most basic level, a factorable invoice is one that is owed by another business (or a government entity) for goods or services you’ve already delivered. A few characteristics define a clean, fundable…
