Costly Mistake Number 3:
Forming an LLC and having it managed by members instead of managers* (A sure way to lose flexibility and control)
Entries Tagged 'Personal Credit' ↓
Costly Mistakes – Continued…
July 7th, 2010 — Business Credit, Business Credit Builder, Business Credit Video, Business Financing, Business Startup, CPA, California Corporation, Credit Bureaus, Incorporation, LLC, Nevada Corporations, Other Business, Personal Credit, Small Business, Small Business Start-Up, Sole Proprietorship, State Incorporation Video, Taxes, Top Five Percent Club, Why Us, Work and Family, World Internet Summit
Funding and Retail Establishments
July 1st, 2009 — Business Credit, Personal Credit
The merchant account cash advance world does like the retail establishments. I know that’s a bad word, especially if you look at the stock market over the last couple of months. But that’s what we’re comfortable with. We’re looking for that retailer. We understand that they have issues right now.
Will Your Credit Card Interest Rate Skyrocket?
June 23rd, 2009 — Business Credit, Credit Bureaus, Personal Credit
Even some of the new credit cards that say zero interest balance for 6 months, if you go on the discussion boards or search the internet for the credit, and put the credit card name in and “complaints,” you’ll see a list of people on sites that signed up for a card and, within 30 days, their interest rate is at 29%. They just moved over $6,000 from another card at 14%. Their interest rate doubled!
Get your Business Off to a Fast Start in 2009!
January 16th, 2009 — Business Credit, Business Financing, Personal Credit
If you have the entrepreneurial spirit but don’t have the cash to start a business, you may have considered using your personal line of credit (e.g. credit cards, home equity line of credit) to kick start your company. This may seem like a good idea if you want to get going right away, but it’s important to consider the consequences before you spend.
Listen to Trent Lee on January 14th, 2009
January 14th, 2009 — Business Credit, Business Financing, Credit Bureaus, Personal Credit
Here is what you will learn on this powerful financial Teleseminar:
* The truth about D & B, and mistakes to avoid!
* What you must do differently to build up Corporate Experian!â„¢ Business Credit (It is not the same approach as D & B)
* Steps you must go through before you build your business credit profile!
* When to use vendor credit vs cash!
* Secrets to maximize your vendor credit!
* How to access cash (even in today’s current credit crisis)!
* What banks will not tell you when it comes to obtaining cash!
* What are the current criteria to obtain cash, credit score from revolving debt limits!
* Plus much much more!
