Archive for October, 2008
The Truth About Bad Credit and Business Loans
Wednesday, October 29th, 2008As a business owner, you’re better off financing your business with business funds as opposed to your personal funds. In most cases, you as a business owner would approach a bank or creditor that will give them the financing you need. Banks or lending institutions would require to look into your business credit scores and [...]
The Importance of Business Credit Check Report
Wednesday, October 29th, 2008It is a well-known fact that companies really need some form of financial credit in order to keep the business operational and to jumpstart growth and expansion. In order for one to initiate credit with lenders, business owners and managers have to present favorable business credit report scores.
What exactly is contained in a business credit [...]
A Couple of Tips to Help Your Business Get an Unsecured Line of Credit
Tuesday, October 28th, 2008If you're a small business owner, you most likely have concerns on getting funds to expand your business. After all most business owners do have the same concern. Even if you're not thinking about it now, it's imperative to start building your business credit right away while conducting your day to day business. It can [...]
Bankruptcy Advice You Might Find Useful
Friday, October 24th, 2008Bankruptcy advice varies, depending on who you ask. A credit card debt reduction company might say that it’s better to just stick it out, settle your debts and establish a monthly payment schedule, even if it takes you five years to finish it! Needless to say, many of the debtors set up on such plans [...]
Bankruptcy - Is It the Answer?
Monday, October 20th, 2008If your finances are in a mess, you may have considered bankruptcy. Even though your debt may be wiped clean, there are many other end consequences.
When a person’s debt has risen to a level that they can’t hope to get under control, they may consider filing for bankruptcy. For a consumer there are two [...]
Building Cash Reserves
Monday, October 20th, 2008Building Cash Reserves
Building a financial cushion for your business is never easy. Many experts will tell you that you should have at least six to nine months worth of income put away in a bank. If your business is grossing $250,000 per month the thought of saving a mere $1.5 million, can [...]
