Launching a business during a pandemic requires some creative thinking.
Michael Barney has been part of the automotive business for 25 years, so when an industry colleague was laid off due to COVID-19 and had an idea about launching an automotive quality assurance staffing company while small businesses were closing left and right, Barney was more than a bit skeptical that it could work.
Every financial institution seems to have its own unique vocabulary and with it, a whole lot of jargon that can make an already intimidating situation seem almost impossible.
For companies with few assets, accounts receivables financing has plenty of benefits. It’s taken months, if not years, for you to get to this point. From choosing your business’ structure, name, and location to tackling all the legal angles, hiring your team, and establishing a customer base, the dream of owning and running a company involves a painstaking level of preparation.
