With heightened concerns for health and sanitation after the COVID-19 pandemic, commercial cleaning businesses are seeing increased opportunities for expansion and profitability. But with these opportunities also come significant challenges. Managing them well can be the difference between success and bankruptcy. Where Do Texas Commercial Cleaning Companies Struggle? As the commercial cleaning industry grows, more companies are opening…
Regular ebbs and flows of the cash in your Texas small business is normal – but when cash ebbs more than it flows, you need a solution to help regulate your income and outflow. Enter Invoice Factoring from JOBE Services, Inc. How Can Factoring Regulate My Business’ Cash Flow? Factoring is simply a financial tool…
While the principles of factoring are certainly not new, as some rules for it were set forth as early as 1754 B.C. in the Code of Hammurabi in ancient Mesopotamia, many business owners are still confused about it. Many shy away from using factoring out of ignorance – they simply don’t know enough about it…
The primary reason over half of all small businesses fail within the first five years is debt. Actually, the main reason is a failure to maintain an adequate cash flow – which drives them to seek quick loans from high-interest companies that thrive on the misfortune of others. Safeguard your Texas small business from high-interest…
Factoring to Solve Machine Shop Woes Recent assaults on the oil & gas industry have made this portion of the energy landscape uncertain. Climate concerns, politics, government intervention and ineptitude and more make oil & gas companies, and the businesses that serve them, worry about the future. Local machine shops across Texas that serve the…
Small to medium-sized business owners often face cashflow concerns when payables are due. Avoiding late payments, surcharges, interest and maintaining strong business relationships is critical to business growth. However, as an owner, your customers may not have the same attitude toward paying on time. Late paying receivables impact your ability to meet your obligations, and…
On-Demand Funding for the Digital Age Opportunities for your business can arise in a moment of time, but without sufficient capital on hand, you could miss out. When could you use on-demand funding in your Texas business? Bidding on prospective business Acquiring new technology Investing in infrastructure Procuring materials when available at a discount Hiring…
3 Ways Non-Recourse Factoring Helps Your Business Fluctuating economic conditions affect all types and sizes of businesses, but smaller service businesses can be hit the hardest. Most service companies operate on a slim margin, and a sudden delay in cash flow can be disastrous. This is why JOBE Services, Inc. in Humble, Texas, chooses to…
Keep the Money Flowing in Your Texas Startup Now more than any other time in history, entrepreneurs are seeking to launch new startup businesses. The possibilities created by the Internet have sent new startups soaring. Here in Texas, we do things BIG, and that means launching a startup with plenty of initial resources. The struggle,…
3 Ways Factoring Trumps a Small Business Loan Maintaining a steady cash flow for your small business can be tough. When you serve other businesses and invoice for your services on 30-day, 60-day or even 90-day terms, what do you do when you need cash before the invoices get paid? A Common Cash Shortfall Problem…
