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Why Your Small Business Needs a Stable Business Image & Strong Business Credit ProfileEstablishing 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. 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 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 PostsCustomer Service & Business Loans
What does great customer service have in common with business loans? Read to find out... What Business Loan Lenders Need to See in Your Business Plan
One of the first items a potential lender will request from you is a business plan for your small business. Regardless if you are going the traditional route of an institutional loan or applying for alternative business financing, you will need a solid business plan. Blog Post: Don't Wait Around - Start Your Business Now
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As a small business owner you can avoid potential issues with the IRS if you file your tax returns without errors. Blog Post: Credit Crunch in 2008 - How Do Business Owners Get Loans?
This year is starting off in a very rough way for many small business owners. Mid-size and large companies are all dropping proposed projects. The credit squeeze is on! The "Must Know" IRS Allowable Business Tax Deductions
The IRS tells us there are costs involved in operating a small business for profit that can be considered tax-deductible business expenses. Blog Post: How to Get Higher Credit Lines and More Financing
Lenders make all financing decisions based on the risk involved. The longevity of the business, location, industry, size of the company, and business credit are just some of the risks that a lender evaluates before writing a business loan. CNN Money: The 100 Best Places to Live and Launch
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Mitch Goldman is looking forward to shaving this weekend. For four weeks, he's been growing a mustache and using it to gain attention--and contributions--for his favorite charity. |
