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onbusiness profile
Company C: Success by Design
In 1994, Chris and Walter Chapin started Company C in—and this is not a cliché—their garage in Concord, New Hampshire. In less than two decades, the company has become a premier design studio and leading producer of distinctive rugs, bedding, furniture, decorative accessories, and fabrics.
Making It Easier to Work with Uncle Sam
The federal government has launched BusinessUSA [http://business.usa.gov/], a new website featuring links to information designed to help startups and existing small businesses access capital and increase exports. It features resources grouped by Start a Business, Grow Your Business, Help With Exporting, and Find Opportunities headings.
Creating Realistic Sales Projections in Uncertain Times
In a financial environment of continued uncertainty, it makes sense to make adjustments to your sales planning and forecasting process in order to gain greater control. Here's how to bring more "realism" to your numbers.
Measuring the Impact of Social Media
If you're making good use of social media, take the next step and measure the progress of your social media programs and campaigns. These metrics can help you determine whether you're succeeding.
The Benefits of Staying Ahead of Receivables
Ellen Dunn,
Vice President,
Cash Management
In an uncertain economy—or in any economy—free cash flow is critical to keeping your company moving. Receivables are key to cash flow management, and accelerating receivables means increased, improved cash flow. As the old saying goes "cash is king" and in the case of receivables processing, cash flow is king.
"A tight receivables collection window can make a significant impact on your company's bottom line, which is really what it's all about," states Ellen Dunn, vice president, Cash Management at Salem Five. "A healthy bottom line leads to a healthy company, which leads to healthy employees, a healthy local community, a healthy local economy…you get the picture." So what are the basics and benefits of accelerating receivables?
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