October 2014

The Factoring Option: Access To Capital

Factoring is a transaction in which accounts receivables are converted into cash through a purchase and sale agreement with a financial company. This allows the business to receive needed cash resources quickly without waiting for accounts receivables to convert. Factoring can be a very useful tool to many companies that need access to

 

Rising Workers’ Compensation Claims Costs and The Benefits of Return-to-Work Programs

The costs of Workers’ Compensation claims are on the rise. In a report released by The Texas Department of Insurance (TDI) on September 6, 2014, the average total incurred loss per closed claim is $19,403 (indemnity $9,206 per claim, medical $10,198 per claim). The average length of time a Workers’ Compensation claim is staying open is 

 

Avoiding Fall Season Safety Spikes

The Fall season is historically one of the worst times of the year for safety throughout the country. No matter what type of work is being done, this season always seems to have a spike in accidents and injuries. There are many factors that contribute to this phenomenon. Changes in weather, later sunrises and earlier sunsets, more people on