According to the American Recovery and Reinvestment Act of 2009 from the Executive Office of the President, Council of Economic Advisers, the jobs that were saved or created by the ARRA of 2009 include: for the fourth quarter 20091.5 million jobs were saved. Projections for 2010 are around 3.5 million, and in 2011 the numbers are at 1.7 million, while in 2012 the statistics are at .3 million.
While many Americans are out of work, they have started small businesses t survive. Many have scrambled to borrow money from their savings accounts, family or friends. And now these hard working folks are working to keep their new businesses afloat.
What many new business entrepreneurs don’t realize is how effective the strategy of factoring accounts receivables can be to maintain solid growth. Once their business is up and running, in order not to run into the problem of a cash flow crisis, factoring invoices has become a popular strategic maneuver. And never take funds from an angel investor if you don’t know you can multiply it. What’s more, raising funds from investors is often faster after you have revenues because they like the idea of investing in a business that’s already generating revenue.
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