Can I Use My Business Credit Card for Personal Use?
Small business owners should resist any temptation to take out a cash advance on a business credit card and use it for personal expenses. The downsides are multiple.
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Torpago Business Credit Card: Requirements & Application
Torpago is a newer money management system similar to Brex and Divvy. The system integrates with accounting software to track spending, and they also offer corporate cards. They report payments on these cards, helping to build business credit.
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3 Big Differences Between Personal and Business Credit Scores
There are many differences between personal credit scores and business credit scores. When it comes to personal credit cards vs business, using personal credit card for business can hurt you.
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Why a Business Plan is Worth the Time and Effort
One of the main reasons why a small business will fail is because the entrepreneur did not engage in any (or sufficient) strategic planning. And the biggest area for business planning is in the area of marketing. Does your target market share align with your financial projections? Or are you just winging it?
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Business Structure 101: Does Your Business Pass the Test?
I think a C Corporation would be okay, too, at least when it comes to taxes. I do worry a bit about the setup costs and all.
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What is a DBA? Everything You Need to Know
Do you know what you should know about DBAs and the awe-inspiring potential they have for your business?
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Investment Property Line of Credit: Benefits & Details
If you have a bad credit score, then a line of credit for an investment property may be out of reach. But a hard money loan would not be. Using the property as collateral, a hard money lender will generally look past a low credit score.
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Business Funding Options
The best way to start figuring out which choice is right for your business is to figure out what’s available. Did you know that traditional bank loans are not your only option?
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