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Phil Cohen

About Phil Cohen

Phil is the owner of PRN Funding and sister company Factor Finders. He has been an authority in the factoring industry for over 20 years, serving on the board of directors for several factoring associations.

Posts by Phil Cohen:

5 Tips for Staffing Agencies Seeking Success

Simply looking at resumes and hiring candidates doesn’t make a successful staffing agency. Thinking about starting a staffing company? Here are 5 ways to ensure your staffing agency will be ...

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Five Reasons Banks Deny Small Business Loans

If you’re a small business looking for a loan to help your company’s development and growth, your firm could be in trouble. Unlike invoice factoring, gaining approval from a bank ...

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Small Businesses: Avoid These 5 Cash Flow Mistakes

In order to succeed, you must avoid cash flow mistakes. Overnight success? Don’t count on it. Starting a new business takes time -- and plenty of cash-flow. Working capital is ...

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Starting a Staffing Agency: Finding Your Niche

Once you’ve decided to start a staffing agency, you must decide on what niche to focus on. By playing to your strengths and determining the needs of your location, you’ll ...

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How is Recourse Factoring Different From Other Factoring Services?

What is Recourse Factoring? Recourse factoring is a type of factoring where the client assumes all the risk of unpaid debt from their customer. In other words, if their customer does ...

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Staffing Agency Guide to Behavioral Interviews: Questions and Tips

As a staffing agency owner or recruiter, conducting interviews is an important part of the job, whether it's a temp staffing company or permanent placement. Asking the right questions and ...

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Which Staffing Associations Are Right For You?

You’ve done your homework. All the proper paperwork is filed, you decided what kind of staffing company you want, and you even have an eye-catching logo. What’s next for your up ...

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Invoice Factoring Lets You Offer Extended Payment Terms

One of the largest problems confronting small businesses is balancing the need to receive payments quickly with the need to collect payment in full. While larger businesses have the resources ...

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10 Steps To A Successful Startup

We are fortunate to have the opportunity to help a number of startup companies find the working capital they need to make their dreams and ideas a reality. After several ...

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