The Fourth of July weekend is a great time to kick back and look around at your family. This is the time of year that most of us stop and see the big picture….the reasons why we work so much; the reasons for putting up ...READ»
Jeff Skoll achieved notoriety as the first president and second full-time employee of the internet auction company, eBay. He became a man with a mission after getting a wakeup call at the age of 14 when his father ...READ»
No Guarantees is one of the cornerstones of Free Market Economics. There are no guarantees. Business success happens through methodical, daily efforts. Healthy competition in all sectors ensures that even the ...READ»
There is a movement across the globe today that says solutions to society's most pressing social issues cannot be left up to the government to determine. Social entrepreneurs are business owners that decide to take on ...READ»
Alternative financing may be the perfect solution for companies looking for additional means of securing adequate business funding. This form of financing may be used to carry a new ...READ»
When C.W. Post started a small business in 1895 with his first batch of "Postum" (breakfast cereal) he probably did not foresee his company getting into the diamond business. The cereal company has ...READ»
New small business leaders and managers have to develop at least basic skills in financial management. Expecting others in the organization to manage small business finances is clearly asking for trouble. ...READ»
When our forefathers arrived on this continent they brought with them a vision of a new world with thriving commerce and raucous marketplaces. No matter what the media may be pushing on us about the economy, the vision ...READ»
A small business’s debt-to-income ratio (DIR) is most easily explained as the ratio of a borrower's total debt as a portion of their total gross income. This ratio, more commonly expressed as DIR or simply “debt ratio,” ...READ»
Founded in 1851 as a telegram company, Western Union is one of the oldest businesses in operation today, and one of the leaders in person-to-person money transfers. Western Union is a legitimate company, with a ...READ»
Just like you a company has a credit score. Your score is your personal credit score why the company acquires a business credit score. There is no need to intermingle the two, and with proper development a ...READ»
Have you heard the saying "A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain?”
Consider the ideal scenario for ...READ»
The Small Business Administration (SBA) is an independent agency of the federal government designed to counsel, assist and protect the interests of small businesses. They offer a wide range of services, from ...READ»
Don’t wait around. Start now. Lack of inertia is the #1 killer of great ideas. According to a survey performed by Yahoo! Small Business, 66% of Americans over the age of 18 have considered starting a ...READ»
There are a handful of companies across the U.S. and in Canada that advertise to offer a business credit building package or are “verified lenders.” Some are legitimate. Some are not. In part, the internet has created a breeding ...READ»
Common Names for Shelf Corporations:
-Aged Companies
-Shell Corps
Definitions:
Shelf Corporation – literally a company (LLC, Inc, partnership) that was filed with the state a long time ago and sat on ...READ»
The first couple years of a startup business is when you will be tested the most. You spent months pulling all the pieces together and finally got your door open. You popped the champagne cork when you made your first sale and now you're down the road a few miles getting slammed with all the little surprises you had not considered when you first put your plan together.READ»
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. There is no such thing as a bad time to start a business, provided you go about it the right way. Check the news again. READ»
To anyone who has been denied a bank loan for a small business, it may seem that the proverbial door of opportunity has closed. Many choose to continue looking for a solution. For most that are determined to start a small business, alternative business financing can be a feasible solution. READ»
Oddly enough when I talk to small business owners they all expect the bailout to be in a form of a metal suitcase full of cash dropped on their doorstep.
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Don't wait around. Start now. Lack of inertia is the #1 killer of great ideas. According to a survey performed by Yahoo! Small Business, 66% of Americans over the age of 18 have considered starting a business, but many never take the leap.READ»
Statistics show that the majority of affluent business owners and successful entrepreneurs in the U.S. started out by using other people's money, generally in the form of a business loan. Despite the economic news there are prolific numbers of private lenders and venture capitalists that will lend you money for business.READ»
Think about it….Dating websites are packed. Professional matchmakers are showing profits greater than landowners. Michael Phelps is getting more publicity with paraphernalia around his neck than 8 gold metals. Local corner liquor stores are packed every night. The economy may be struggling, but these industries continue to flourish.READ»
