Create an Ironclad Credit Process  

If your business extends credit (or even considers it), you know how important it is to maintain a well-organized credit process. And if you don't know it, you probably have trouble getting customers to pay you on time. If you are going to extend credit to customers (which, there are reasons many companies have to or choose to), you must create a concrete credit process from beginning to end. Here are

the steps... Continue Reading.

More Signs Credit Is Loosening for Small Businesses   

Here comes a cheesy springtime metaphor: Loosen the spigot on small business lending, and who knows how many jobs and investments may bloom? That's the optimistic takeaway of a new survey of bank risk managers, who forecast increased lending to small businesses in the next six months.

The survey, conducted for FICO, finds that more than 70 percent expect increased demand... Continue Reading.  

Revenue North Business Growth Summit   

On May 21, 2013, the first-ever Revenue North Business Growth Summit will take place in Detroit. Hennessey Capital is pleased to be a part of it - and we're even more pleased to invite our closest partners and colleagues as our guests.

The conference helps entrepreneurs, small- and medium-sized business owners, and their staff with local yet world-class training on sales, marketing, customer retention, access to capital, and acquiring A+ talent - all with the goal of helping you grow your business and increase revenue.

Our President and COO, Mike Semanco, will present on cash flow and working capital. As a result of our partnership with Revenue North, we have secured FREE PASSES and would like to invite you to be our guest.

To see the lineup of speakers and sessions, visit RevenueNorth.com and register for FREE using our promo code: C24BJ4. 

About: Balancing health care budgets, coverage levels, and networks are more difficult than ever in today's economy. The implications of health care reform legislation, combined with rising costs and employee needs, continue to place pressure on employers.

 

In a world where change is inevitable and the compliance burden is increasing, Strategic Services Group will help employers navigate the health care challenges they face.

 

Strategic Services Group strives to save employers money by delivering benefits solutions that meet their needs through strategic planning, professional services, and technology-based solutions. We want each client to meet their benefits goals, their employees' expectations, and improve their bottom line.

 

With the advent of Health Care Reform, the bare minimum doesn't cut it anymore - make sure you are asking the right questions and preparing for the future now.

 

 Website:  www.strategicservicesgroup.org 

How Accumulating Cash Can Add to Your Tax Bill

The TV show "Hoarders" doesn't portray the obsessions of business owners. But you might trigger tax problems if you can't help stockpiling too much cash in the company's cupboards.

Strategy: Do your best to avoid the "accumulated earnings tax." This little-publicized penalty tax will be tacked onto your regular corporate income tax bill if you don't stay within the prescribed tax law limits. However, the outlook isn't... Continue Reading.

One of the hardest places to get capital to commercialize a great growth idea is within corporate america. Startups can tap the venture capital market. Corporations can go to the general capital markets by issuing stocks or bonds.  

But let's say you are a manager or director/VP of a business unit or brand within a corporation. Your options for funding a corporate idea are very narrow... Continue Reading.