For entrepreneurs, the advantages of a plastic credit card – convenience, ever-ready purchasing power – are real. But what many may not realize is that the extent to which a company credit card is used or not used can negatively impact a business’s credit score....
Experts say it is wise to keep your personal finances separate from your business’s. While this may be true, at some point in the life of a small business, an owner may have no choice but to use a personal line of credit (LOC) as...
“Do what you love, and you will find a way to get it out to the world.” --Judy Collins That quotation wouldn’t be at all out of place on the wall above the home computer of any of the thousands of sellers on Etsy, the popular...
There’s no getting around it: you’ve got to have money to run a business. Because of that, how to get a business loan is foremost on many entrepreneurs' minds. It’s not unusual for small business owners to initially think of a bank as a logical...
There are real advantages to having an available credit line for your small business. With an available line of credit, you have access to an approved sum anytime you need it. The money’s yours to use (or not) as things evolve. Unlike term loans, which...
From high-tech start-ups to Main Street storefronts, many small business owners have come to count on financial professionals -- brokers, like you -- to help them find and get a good loan. For a long time, banks were the main source of fair-rate funds for...
J.D. Littlebiz owns a small business specializing in wedding supplies. From Valentine’s Day through the end of summer, he and his staff can barely keep up with demand. But when the wedding season slows, so does business. And that’s when Mr. Littlebiz finds himself in...
There’s no denying that in the restaurant business, menus are important. Not only do they outline what's available for customers, but they set the atmosphere for your establishment: cheeseburger or filet mignon? Casual eatery or fine dining experience? In this article, we’ll attempt to do...
Short term loans are often the answer to the question, “What’s the best way to meet these expenses?!!” Notice the exclamation points? They’re there because it’s not unusual for that question to be asked by an anxious business owner in the midst of a stressful...
An available credit line is excellent insurance against the unexpected expenses every business is likely to encounter from time to time: A pipe bursts in the warehouse. A major client is late with a payment. A computer crashes. Stuff happens. But with an approved line...