02nd April 2012
After completing lending compliance the next step is to apply for credit with net 30 vendors. This is the first stage of the credit building process where you will obtain credit with suppliers known to grant small amounts of credit to businesses that have...
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20th February 2012
Will your startup ambitions become a reality for you in 2012?
In a recent study 70% of Americans indicated they want to start their own business but many never take the leap because of lack of knowledge and direction.
Let's face it, starting a bus...
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07th February 2012
Covering the start-up costs required to launch a new business can be an overwhelming challenge in today's economy. One major purchase in particular is office equipment, and it can become quite costly depending on the type of business you are starting.
...
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30th January 2012
Why do personal credit ratings play such an essential role in our everyday lives?
Credit ratings are essential because it indicates how likely an individual, a business, a city, a county, a state, or even a country is able to repay a debt. Each one of ...
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24th January 2012
Selecting which type of financial institution to handle your personal or business banking account largely depends on your financial needs and personal self interests.
Banks offer a wide range of services, and are more accessible to customers on a larg...
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23rd January 2012
Without a greater knowledge of the credit card approval process, small business owners will continue to make the mistake of submitting multiple credit applications in the hopes of getting an approval.
What many fail to realize is a recent barrage of ex...
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04th January 2012
With an economy that's struggling, every small business owner is looking for creative ways to increase profits, save money and improve efficiency.
The good news is there are plenty of ideas that you can find in books and articles. But rather than cover...
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19th December 2011
The standard for qualifying for a Small Business Administration (SBA) loan is more flexible than a traditional loan. Yet lenders still require extensive documentation and time to review an SBA-backed loan request.
Even though the SBA does not loan mon...
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14th December 2011
Bad credit can cripple your chances for getting financing, insurance, housing and even employment. It can also affect how much you'll pay on interest, insurance and even cell phone contracts.
So what can you do to recover and restore your good credit ...
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12th December 2011
When creditors extend credit to a business customer it allows them to purchase products and/or services upfront but defer the actual payment for a later date.
The larger the purchase amounts a typical customer makes the greater the risk the creditor wi...
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05th December 2011
Is an incentive like a $250 cash back sign-up bonus enough for you to consider applying for a corporate credit card with Chase?
How about if you could earn cash back on all your business purchases?
While these are just a few of the features that Ch...
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05th December 2011
When it comes to a business credit card a great deal of attention is focused on the introduction APR, features, benefits and rewards. Unfortunately, not enough consideration is paid to the terms and conditions.
In particular there is a penalty known as...
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22nd November 2011
The question I keep getting over and over is…
How do I separate my personal and business accounts for my company?
The answer is simple - Treat your business as a separate and distinct being. Structure your business as a real business and don't comm...
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14th October 2011
Looking for a small business friendly creditor for all your computer and Information Technology (IT) needs?
Whether you are a start up or existing business you can obtain a Net 30 Account with companies like Strategic Network Solutions. These companie...
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05th August 2011
Did you know that if you co mingle personal resources like your personal credit cards for business purposes and vice versa opens yourself up to the alter ego theory?
Piercing of the corporate veil is the most litigated issue in corporate law today so a...
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