Consider the lender’s perspective. They want assurances that you will pay your bills on time and will not skip town.

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It’s odd to think that something as small as your phone number can mean the difference between getting approval for a loan, or not.  It can though.  Your business definitely needs a second phone number to be fundable. This blog post may contain affiliate links, meaning when you click the links for some products and

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Keep in mind that there are several 411 directories. Each carrier maintains their own data. Fortunately, there are services such as List Yourself which will submit your business name and business number to thousands of directories.

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Fundability starts with your business setup. It begins with your business name, but it doesn’t stop there. Find out how to set your business up for fundability in 2023 and beyond.

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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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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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There is so much more to getting business credit than having a separate business address.  However, if you have everything you need and you do not have a business address, that lack could definitely throw a kink in the process.

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Choosing the right phone systems for businesses makes all the difference when it comes to productivity. Look for features such as easy transfer, call forwarding, team messaging and more to ensure you can run your business in the most efficient way possible.

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Good personal credit will open doors, and it will open them earlier. Do you eventually want to try for an SBA loan? Then you will need to have good personal credit.

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A virtual business address is when you pay for a separate address for your company. But, for the most part, you don’t do business there.

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