Small businesses are extremely important to our culture and our economy. In fact, small businesses make up a very significant portion of our economy. They thrive on local business and give life to the monetary heartbeat of America. The financial success of America’s small businesses lies heavily on their ability to attain credit in order to maintain their business.
Entries from August 2008 ↓
Credit Score Formula Changes, Impact on Small Business Owners
August 25th, 2008 — Business Credit, Business Credit Builder, FICO®, Personal Credit, Sole Proprietorship
The Anatomy of Your Business Credit Score
August 18th, 2008 — Business Credit, FICO®, Personal Credit
The success or failure of a small business could very well rest on the business owners’ credit scores, especially with the failure of most businesses in the first six months of the business. It is important that business owners are aware of ® *’s many laws and formulas used to establish credit for their customers. This will help business owners make informed decisions about how they manage and deal with their business in order to maximize their chances for a good credit. A good credit score can make or break the success of your business. Here is a guide to how ® * reviews your business and determines your credit score.
Incorporated Your Business? Why Business Credit May be Key to Your Success!
August 8th, 2008 — Business Credit, Incorporation, Nevada Corporations
Whether you are a brand new business, have been operating for a short time, or you have been in business for a while now, establishing and maintaining business credit is a means to keep your business growing and is a natural outgrowth of the reason you chose to incorporate or form the LLC, that is protection of your personal assets including the family home.
