Law Firm Financing: Loans, Lines of Credit, & Other Funding
When attorneys need money for their firms, traditional solutions can be as impractical as not using a computer to Shepardize a case. And creative financing solutions can have nuanced differences.
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Credit Cards vs Debit Cards: The Pros and Cons for Businesses
You typically have higher fraud protections with credit cards than with debit cards. Credit card providers are more likely to take action to resolve the issue since you have yet to pay for the transaction and you have charged it to your credit account.
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5 Tips for Success with Retail Business Loans
Inventory is a huge and ongoing expense for many retail businesses. Funding its acquisition is top of mind, particularly right before a busy season. And, if your business has a slow season, then you will need to concern yourself with funding inventory storage as well.
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UEI Replacing the DUNS in SAMS: What This Means
For years the US Government has used the D-U-N-S number to identify businesses in their System for Awards Management (SAMS). Now, they are switching to their own number, the UEI. Here is what you need to know.
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Business Credit Myths & Common Misconceptions
Don’t Fall for Business Credit Myths Business credit myths abound. In some ways, a business has many of the same attributes as an individual person. Businesses earn income, file tax returns, and debtors are paid. This credit is used for the business, and many businesses have credit histories. Still some business owners overlook the importance […]
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IRS Website for EIN Number: Verification Letter, W-2 & More
The Internal Revenue Service wants to be able to collect business taxes from your business. This nine digit number makes it possible for the IRS to match an official return to a business. To be able to prepare tax returns, you’ll need an official EIN. And tax returns can be a requirement for getting financing. Fortunately, you can apply for this vital number online.
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How to Get Business Credit: Tips from the Top 10 Industries
All the Cool Kids are Getting Business Credit, Here’s How You Can Get It Too Getting business credit isn’t necessarily hard, but it does take some effort and planning. There is a process, and you have to work for it. Who gets business credit? How can you get business credit? Do you even need company […]
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Entrepreneurship and Current Small Business Economic Trends
A part of the current downturn economy has been the so-called Great Resignation. Entrepreneurs can’t really get traction for growth because they just plain can’t find workers. Fifty percent said they have openings they cannot fill right now. Rather than work harder to attract employees (say, with better benefits or higher salaries), these entrepreneurs seem to have just decided to accept that job applicants are slow to respond—if ever.
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