knowledge

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.

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.

Providing online credit application forms makes it easier to gather and store critical information about customers during their onboarding process. To ensure you get all vital information, make the essential sections mandatory.

Why is inflation bad? Well, for starters, it can wreak havoc on your personal credit if you aren’t careful. If you are a business owner that is unprepared, this can cause serious issues with getting funding for your business. Here’s what you can do.

“Every penny counts for most small businesses,” says Matt Schulz, chief credit analyst at
LendingTree. “Their financial margin for error is tiny, so the last thing you want to do is pay
financial institutions any more than you have to.”

There are a lot of predators in the sea of business loan companies. How do you stay out of dangerous waters? By reading the signs and taking an expert guide along for the ride. Find out more about both.

With patience and in time, you can get a business credit card from a financial institution without any personal guarantees. All you need to have is what the financial institutions ask. And that is a dependable business bringing in consistent earnings, with a healthy cash flow.