Entrepreneurs and small business owners who have a separate legal entity for their business have a unique opportunity that no other individual or sole proprietor has. It’s the opportunity to start business credit by establishing a business credit profile that is completely separate from a personal credit profile.
Continue reading...29. June 2009
Once you have an entity structure and obtained a Dun & Bradstreet number now it’s time to start building your business credit profile. One of the biggest mistakes made by entrepreneurs attempting to build instant business credit is applying for numerous vendor accounts.
Continue reading...18. June 2009
If you're seeking funding from a venture capitalist, angel investor or other source of private capital then you will definitely need a comprehensive business plan that is well thought out and shows sound business reasoning.
Continue reading...17. June 2009
Lending institutions want to lend money because it's the way they make money. However, they only want to lend money to a borrower who is able to repay the loan on time and in full. When deciding to extend credit to a business lenders use the ‘Four Factors for Lending Approval'.
Continue reading...10. June 2009
While small business credit card usage is on the rise according to the 2009 Small Business Credit Card Survey the majority of all small business owners fail to understand the importance of what’s in the fine print.
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30. June 2009
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