Business Video Roundup: Team Leadership, Avoiding Burnout & Increasing Business Value

As the solar eclipse sweeps across the country, you can get a head start on your fellow entrepreneurs and small-business owners by soaking up all the great advice in this week’s video roundup. On deck: Evan Carmichael presents the top five books for small-business owners, Columbia Business School professor William Klepper discusses team leadership, and CPA/attorney Mark J. Kohler explains the tax benefits and protections of a Professional Corporation. Plus, two great videos from Patrick Bet-David—one on how to avoid burnout as an entrepreneur, the other on how to increase the value of your business.
Evan Carmichael: Top 5 Books for Small Business Owners
In this 15-minute video, Evan Carmichael gives an overview of five bestselling books for small-business owners. Each pick is supplemented by enlightening and informative interview segments with the authors.
Columbia Business School: Making a Mind Shift in Team Leadership
In this quick video, Columbia Business School management professor William Klepper gives some terrific advice about team building in under two minutes. Wise words to keep in mind as you build your own teams.
Patrick Bet-David: How to Avoid Burnout as an Entrepreneur
Whether or not you think you’re in danger of burning out, Patrick Bet-David offers up some valuable advice and tools to help you through the burnout process in this 21-minute video.
Patrick Bet-David: How to Increase the Value of Your Business
Here’s some more encouraging advice from Patrick Bet-David. In this 10-minute video, he shows you 10 things you can do to increase the value of your business. Who doesn’t want that?
Entrepreneur: What Is a Professional Corporation?
So what exactly is a Professional Corporation (PC) or Professional Limited Liability Company (LLC)? In this seven-minute video, CPA, attorney, and bestselling author Mark J. Kohler explains the basics and discusses some of the tax benefits and protections they can provide. Worth a look if you still haven’t decided how to structure your company.
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…
