Running a small business can be one of the most exciting things you do. With all the freedom a small business provides, successfully managing both expectations and most importantly, finances can really keep you on the right track. Here are a few tips to leverage when managing your small business finances…
What You Should Know About Your Business Credit Score
What Is a Business Credit Score and Why Does It Matter?
A business credit score is similar to a personal credit score. Your business credit score indicates whether your company is in good standing to apply for loans in the first place and if so, potentially receive lower interest rates (because you are deemed to be less risky). Credit scores fall within a range of 0 to 100. The higher the number, the lower the perceived risk.
One key difference between a personal and business credit score is that business credit scores are publicly available. Since business credit scores are not covered under the Fair Credit Reporting Act, any person is able to view your business credit score without permission…
Mom Cheats Credit Score +193 Using This 5min Trick (Genius!)
How did she do it? The answer may surprise you… Because, if you’re like most consumers… the majority of what you’ve been told about improving your credit score – is dead wrong… And whether you know it or not, ignoring the issue is costing you thousands of dollars a year. Money that should be going into your pocket –NOT to the banks and credit card companies.
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