Like most small-to-medium-sized businesses, you likely make periodic tax payments. If you have employees, you also must forward any tax withholding from their paychecks on a regular basis. Other tax obligations include unemployment taxes, excise taxes and franchise taxes. Even with careful bookkeeping, meeting these periodic tax obligations can put a considerable strain on your…
Although factoring has been around for quite some time, and is a completely legitimate, legal and beneficial financial tool, many misconceptions still abound. JOBE Services, Inc. out of Humble, Texas, has been providing factoring services for small and medium-sized businesses since 1996, and the same objections and worries seem to surface over and over again.…
Avoid the Hazards of Short-Term Lending As a small- to medium-sized business owner, you may have heard the staggering statistic that an average of 50% of all small businesses fail within the first five years. One of the main reasons for this is a failure to maintain an adequate flow of capital. Many smaller businesses…
Streamlined Factoring for Your Texas Company When you need cash in a hurry for your Texas company, you can’t spare the time to wait around for banks or finance companies to jump through various hoops before deciding whether or not to lend you money for your business. And who needs to take on extra debt…
Recourse vs. Non-Recourse Factoring Factoring is an often-misunderstood financial tool for small to medium-sized businesses. The confusion mostly stems from the difference between recourse and non-recourse factoring and how they each affect your company. For those businesses that have tried recourse factoring, the experience may have been less than positive. This is why JOBE Services,…
Fund Your Future Today After a worldwide pandemic shattered everything, we thought was stable and normal in business, things are finally beginning to stabilize. To quote Sir Winston Churchill after the hard-fought Allied victory at the Second Battle of El Alamein, “Now this is not the end. It is not even the beginning of the…
Texas machine shops are the lifeline of the gas and oil industry. Whether fuel prices rise or fall, the steady production of gas and oil feeds the American economy and lifestyle – and machine shops all across Texas feed their needs for industrial-grade maintenance and repair machining. Many of these machining projects require quite a…
Commercial cleaning & maintenance businesses across Texas have been experiencing changes as more and more entities require special cleaning services due to COVID-19. Many industries have issued specific cleaning and sterilization guidelines for companies to protect both workers and clients. Perhaps your commercial cleaning & maintenance business has had to revamp and change some services…
How Can Factoring Help My Startup Business? America is built on the courage and spirit of entrepreneurs who launch out and start their own small businesses. And yet, a startup business can be a frightful undertaking. Many startups face long periods of initial development and operation with more money flowing out than flowing in. Most…
How Can Factoring Help My Trucking Company? Many businesses operate on an invoice basis, where clients are invoiced for services rendered after the fact. This can create numerous cash flow problems that can leave companies strapped and struggling. Trucking companies are among the types of businesses that invoice clients and wait for payment while struggling…