Personal Credit Cards
Personal Credit Cards and Business Credit Cards are similar, but also vary in a number of important ways. Let's examine some of the important differences of personal credit cards vs. business credit cards. Personal Credit Cards and Credit Reporting With a personal credit card, your credit card activity is generally reported monthly to the three major consumer credit bureaus - Equifax®, Experian® and Transunion®. Each of [...]
Franchise Acquisition Loans
If you have started looking for a Franchise Acquisition Loans, you have already made the decision to acquire your first franchise. If you’re thinking about investing in a franchise and franchise acquisition loans, you will want to consider: Your Financial Situation and Franchise Acquisition Loan Buying into a franchise is a major investment. How much do you have to safely invest? Can you afford to lose your [...]
Business Credit Cards
Business credit cards are often the first step to building business credit for many small business owners. Business credit cards can help you handle cash flow fluctuations, providing alternative ways to pay money you owe and utilize your cash for other priorities. You will, of course, need to manage your cards carefully so you aren’t simply pushing today’s problems off until tomorrow. How do you get [...]
Business Tax Returns to Build Your Business Credit
Preparing and filing your business tax returns is an important step for any business. But your business tax returns are also vitally important in building business credit. Although the Federal government has many forms and schedules you will need to complete over the course of a year, there are three key documents, depending on how your business is structured. Schedule C Form 1065 Form 1120 Business [...]
Understanding Your Personal Credit Score
We live in an age where it is very important to understand your personal credit score. Your credit score can determine where you live, where you work, your insurance premiums, loans, credit cards, mortgages and bank accounts. This three digit number literally can change your life depending on how high or low it is. With so much on the line, why settle for anything else than [...]
Personal Line of Credit
What Is a Personal Line of Credit? A personal line of credit is a loan that closely resembles a credit card. You have a specific amount of money that you can use for any purpose, as needed. A personal line of credit often comes with lower interest rates than credit cards, making them a much better choice for borrowing. The advantage of a personal line of [...]