| Strong Business Credit: Building Business Credit with a Paydex Score Establishing an image of stablity for your small business or start up business is essential. Companies where you do business, as well as lending agencies and customers will scrutinize your business profile carefully. Strong business credit happens by building business credit with a Paydex score. Your business image is developed through organized administration and implementation of systems in all departments. It is also influenced by your ability to manage your finances and the strength of your business credit Paydex score. A stable business image and strong business credit score will help you to: - increase your sales and ROI
- get better interest rates and credit terms from banks and lenders
- increase the likelihood of extended credit terms with suppliers
- make it simpler for potential business partners to assess the risk of doing business with you
- remove the possibility of risking personal assets when applying for business financing
The Strong Business Credit Mentors offer you valuable advice for starting and growing a small business, and for developing a strong business image and business credit profile. The success of your small business depends on it.
Recent Articles, News and Blog Posts5 More Smokin' Hot Business Startups There are plenty of spunky Americans that are taking the opportunity to combine imagination with a tough entrepreneurial spirit and they are making it happen.
Blog Post: Michael Jordan’s Advice For Entrepreneurs When it comes to being successful, some people simply have what it takes. It seems no matter what they put their hands on, they succeed beyond their wildest dreams. Michael Jordan is one of those people.
Do-It-Yourself Small Business Loans There is a tendency for people to think when bad news about the economy strikes the worst thing they could do is attempt to start a small business. This could not be farther from the truth.
A Glance At Payroll Initially, managing two or three employees may seem relatively easy. You may even be able to handle the tax aspects on your own with the right amount of research and advice. However, as your business grows, you may find it more and more difficult to manage the distribution of funds—as well as the calculations involved in taxes and other deductions—to such a degree that you may wish to invest in a new employee or even an outside service to help you manage payroll services.
Blog Post: Stop Using Your Personal Credit! If you already have a well-established business with a good track record and are in need of a loan for expansion or any other reason, you will want to avoid using personal credit to secure that loan and, instead, use the business and its credit as collateral.
Blog Post: Getting $10K - $50K for Your Business Anyone can use $10-50k for their business. Even business owners who are planning for $200,000 in investments or loans can always use smaller loans.
Blog Post: Business Credit Card Features That Help Your Business Business credit card companies offer features that can help you manage your cash flow more efficiently.
Mario Andretti and Entrepreneurs You may wonder what the legendary race car driver, Mario Andretti has to do with starting or expanding a small business. A great deal actually.
The Spirit of Expansion What exactly is an entrepreneur and how does it relate to small business expansion? There are many differing views on what makes someone worthy of this title.
The "Must Know" Tracking Software - Small Business Owner Financing Tool Smart businesses use computer-tracking software for just about everything. Digital tapes show employers the exact sequence of everything their employees are doing on the computer.
CNN Money: 2009 Forecast Small companies ended 2008 with a laundry list of troubles, with sales slow, bank lending frozen, and health care and credit-card costs soaring. Here's what to expect in 2009 on 7 key issues.
Business Week: Small Business Owners React to Bailout The government's $700 billion rescue plan inspires mixed feelings at best from U.S. small business owners. Some say the plan was rushed.
Forbes: The World's Billionaires After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett.
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