Using Credit Lines to Ease the Impact of Inflation
Credit lines and other types of business credit can be a real lifeline during inflation, helping businesses stay afloat and even grow.
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Small Business Owners: Will You Be Winners Under the Proposed Trump Tax Plan?
How has the tax plan affected you? The real winners under the proposed Trump tax plan just might surprise you.
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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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Is a Business Plan Worth the Time and Effort? YES!
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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Sun, Sand, and Small Business Loans in California
Proven business revenues always help you get business funding. This also means you have been in business for at least 6 months. Both metrics, together, assure lenders and credit issuers that your business is on the right track.
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Business Structure 101
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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3 Things to Avoid When Choosing Your Business Name
You have worked so very, very hard to cultivate customer and brand loyalty. Changing the name of your business is going to put a dent in that, no matter what you do. Of course, you might recover. But it may take a while, and it’s expensive – just ask Exxon, formerly Esso. Or ask Nuance, formerly Dictaphone. Or Altria, formerly Philip Morris. You get the idea. But even good business names might not be so great eventually.
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How to Get the Absolute Best Business Line of Credit
More flexible than a term loan, an LOC can be harder to get from a lender, and with a higher interest rate, but you only pay on whatever you draw. LOCs are also refillable so, as you pay off a draw, you can draw those funds again and again.
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Top Podcasts
EP 814 George Csahiouni: How to Optimize Your Business with Point-of-Sale Systems
EP 813: Understanding the Factors Affecting Business Credit Card Approvals
