Temporary Staffing Agencies Improve Their Cash Flow Without Relying On Credit
Until recently, temporary staffing agencies cash flow management needs could easily be handled by going to a local bank to get credit lines for working capital to pay for operating expenses. But getting a new or expanded line of credit in today’s tight credit market can be an uphill battle. Fortunately, invoice factoring can be used as a short-term solution. Money Management Solutions, Inc. will host a free on-line webinar for temporary staffing services on Tuesday, August 24, 2010 titled “Accelerate Your Company’s Cash Flow With Invoice Factoring,” to help staffing agencies across the United States learn more about this cash flow management alternative. Temporary staffing agency owners and CFOs can register to attend at https://www1.gotomeeting.com/register/960056120
Sandra Simmons, President of Money Management Solutions (www.moneymgmtsolutions.com) said, “Many temporary staffing agencies can speed up getting in the money owed to them for providing temporary staff to use as working capital to cover payroll. Scrambling to cover current payroll for lack of available capital can really hurt. We are doing our part to help by offering this free webinar on invoice factoring with very ethical resources. Factoring is a service that will advance cash against invoices to qualifying temporary staffing agencies for a fee. But not all factors are created equal.”
Money Management Solutions, Inc. has been helping business owners in many industries to manage their cash flow for almost 20 years. They recently began hosting a series of free on-line webinars for business owners to get out helpful information and introduce resources as solutions to common business cash flow management problems, including increasing sales and income, increasing advertising return on investment, internet video advertising, managing collections, reducing debt and accelerating cash flow. Business owners can sign up to get on the advance notice e-mail list for upcoming webinars at www.mmsfaststart.com/webinarnotice. They can register for, and attend the webinars on-line right from their office or home computer without having to pay for travel or seminar fees. Most of the webinars are held in the evening after business hours and are not an interruption to the work day.
- Contact Information
- Sandra Simmons
- Money Management Solutions, Inc.
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