[Boost-bugs] [Boost C++ Libraries] #8213: How Factoring Your Invoices Will Help Your Business Grow ###

Subject: [Boost-bugs] [Boost C++ Libraries] #8213: How Factoring Your Invoices Will Help Your Business Grow ###
From: Boost C++ Libraries (noreply_at_[hidden])
Date: 2013-03-01 21:47:31


#8213: How Factoring Your Invoices Will Help Your Business Grow ###
------------------------------+---------------------------------------------
 Reporter: lunquewinmay1977 | Type: Bugs
   Status: new | Milestone: To Be Determined
Component: None | Version: Boost 1.52.0
 Severity: Problem | Keywords:
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 If you own a business that sells goods or services to commercial clients
 or to the government, you must certanly be acquainted with the maxim hurry
 up and wait. That's everything you always wind up doing after giving your
 services. You run up and wait up to 60 days to really get your bills paid.
 In the meantime, you still need certainly to include employee wages and
 rent, company payments. Hurry up and wait, certainly.

 But it is a major problem if you are a business manager. It decelerates
 your development, dramatically. Why? Well, might you take on a big order
 and afford to wait months to have paid? Might you afford to purchase the
 materials, pay the staff, address lease? This is why this is just a major
 challenge. And most of the time, it may drive you out of business.

 And yet, when faced with an economic concern, what does a business owner
 do? Many will visit the lender, dreaming about a business loan. But
 company loans are very hard to acquire and maybe not very flexible. Plus,
 banks give loans centered on your business past in place of your future
 possibilities. Often, the thing you need is a funding product which is
 dedicated to your true revenue potential. And that product is invoice
 factoring.

 Invoice factoring eliminates the 60-day payment delay, providing you with
 resources following you bill your customer. Imagine this. You deliver your
 product or service to your customer. And then, instead of waiting as much
 as 60 days to have paid, you get paid in 2 days. How fast might you
 develop then? How many clients can you undertake?

 And how does factoring work? Well, its very simple. After your product has
 been delivered by you, you send an account to your client and a to the
 factoring business. The factoring company advances you a substantial
 portion of your account, often within a day.

 The factoring companys advance gives you the breathing room you want and
 the amount of money you need to pay business expenses and take on new
 opportunities. This enables one to develop your business. Once their
 invoice is paid by your client to the factoring business, the transaction
 is completed.

 Factoring is simple to have. The greatest need is that you conduct
 business with solid credit worthy clients. Therefore, when you need
 funding and do business with good clients, consider factoring your bills.

-- 
Ticket URL: <https://svn.boost.org/trac/boost/ticket/8213>
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