Boozt24 explains!

As an entrepreneur, it is essential to have a healthy cash flow in order to grow and keep your business running. Factoring can help with this. But what exactly is factoring and how does it work?

Working capital is a measure of a company's liquidity and efficiency. It is the amount of money a business has available to meet its short-term obligations, such as paying bills and salaries.

On January 23, Boozt24 visited de Modefabriek, an important semi-annual event for the fashion industry. We were there to visit our customer MSBVR and of course to take a look at the many stands for the upcoming trends.

Factoring can be a useful tool for companies looking to improve their working capital. Is factoring the right solution for your working capital?

The financial settlement by large corporations is usually not only slow, often these companies have no idea of the consequences of their long payment terms for SME suppliers.

On May 31, 2018, the SME Future Plan 2030 was presented to State Secretary Mona Keijzer by ONL for Entrepreneurs. According to this plan, adequate SME financing is one of the five pillars for a future-oriented SME policy. Appropriate financing must be fully available for good plans and growth.

“My debtors always pay” is a frequently heard statement by entrepreneurs. Yet the reality is a bit more stubborn. Debtors do not always pay on time.

It can happen to the best company: a short-term lack of money. But it doesn't have to happen to you. Cash flow problems can be prevented. Eight ways of good cash flow management.