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A Comprehensive Guide To Saving Money In Business

Strategy Driven

You likely need to work with multiple vendors to run your business, so take advantage of this and practice your negotiating skills if you can. Credit checking your customers can also help you to improve your cash flow and save money. If you work with a client with a bad credit score, you’d likely never get paid and end up losing out.

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Does Bigger Data Lead to Better Decisions?

Harvard Business Review

Some innovative companies are connecting data traditionally used by banks to assess the credit score of loan applicants with information ranging from mobile phone usage data to online social media relations data, in order to better and faster assess the creditworthiness of a micro-loan applicant.