
#438 Building The Entrepreneur Mindset With Crafted Entrepreneur
Main Street Business
00:00
Factoring for Small Businesses
When I was in my undergrad in accounting, I figured out factoring for those that don't know if that's just because I want to talk about this. When a business owner has, let's say 50 grand in accounts receivable, they haven't learned how to properly run their business. So we're helping these people out in a pinch. We just helped out a online entrepreneur who was hosting an event and you know how it is to put on these events. And at the event, you're going to sell a big product and you'll have some money, a lot of cash flow coming in. But in the meantime, to pay all these vendors and all these people, she was
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