So you’ve had thoughts of starting your own business for a while now. Unfortunately, life keeps getting in the way. You’ve got bills to pay, a job to perform, and relationships to maintain. Yet you remain unsatisfied by working for “the man” and don’t want your entrepreneurial dreams to wither on the vine. Your discontent […]
No matter what type of business you have, there often comes a time when you need extra funds. Maybe your building needs some renovations, or you need to replenish your inventory in a hurry. Maybe there’s some specific equipment that’s necessary for you to run smoothly. Picking the ideal financial product for your needs, however, […]
To make money in business, you must first start with money. It’s one of the inescapable contradictions involved in launching your own business. This barrier to entry into the realm of entrepreneurship means that plenty of ideas that might otherwise change the world wither on the vine for lack of funding. Equity financing — that […]
Looking for credit card offers that best suit your business needs? Check out our detailed roundup of the best business credit card offers out there for whatever it is you’re looking for.
If you are a merchant who has struggled to pay bills or missed out on an opportunity to grow your business due to a lack of capital, you know just how frustrating cash flow problems can be. A business line of credit (LOC) is a potential solution for cash flow problems experienced by small business owners. Lines […]
As an adult, you’re likely aware of what a personal credit score is, how it’s used, and why it’s important. From applying for a mortgage to renting an apartment to applying for a loan or credit card, your credit score is a reflection of your creditworthiness. A high personal credit score shows that you’re a […]
UCC-1 blanket liens are often required when you take out a business loan, credit line, or lease. In this article, we explain what liens are and what you need to know about them, so business financers can’t take advantage of your business.
If you have employees, you pay them a wage for their work; that’s just a basic fact of life. Payroll is defined as the regular payment of wages to employees, and it includes withholding the correct amount for taxes, insurance premiums, or retirement plan contributions. Payroll can be complicated and unwieldy with technical minutia, but managing payroll is a legal requirement, so don’t try to skimp on understanding the basics.
Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.
Accepting payment via American Express has long been a challenge for merchants; it used to require working with Amex directly, and the card fees were greater than what you’d pay for Visa or Mastercard. However, thanks to the OptBlue program, since 2014 American Express has offered a viable way for small businesses to accept Amex […]