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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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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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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Do you know what you should know about DBAs and the awe-inspiring potential they have for your business?

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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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Your trucking business plan has a lot riding on it. Being precise but also flexible is crucial. It is a chance to show investors, business partners, and lending institutions that you have done your best to cover as many contingency situations as possible.

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Experian has revamped their reports dramatically. Also, this major business credit reporting agency is committed to correct data, and to helping companies improve their reports.

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Take these 3 steps to raise your credit score, and you will be in a far better financial position! These steps work for both consumer and corporate credit.

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The Corporate Transparency Act (CTA) represents a pivotal step in strengthening financial integrity in the United States. Effective from 2024, this legislation targets illicit financial activities conducted through anonymous or shell companies.
Tags: business tips

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Many business owners have no clue what their business is worth. Most think it is worth more than it actually is, though some may not recognize the gold mine they are sitting on. Knowing what your business is worth can change the way you view your business. You can begin to recognize what you have to work with.

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