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Posts Tagged "Credit"

Start a Business with Bad Credit

Posted by on Jun 19, 2012 in Business Tools | 1 comment

Start a Business with Bad Credit

On a lark, I Googled “Start a Business with Bad Credit”. To my surprise, 69 million results came up! Apparently, this is a popular subject as many people share the dream of being their own boss but the Great Recession has bruised many would be entrepreneur’s credit. Here are steps you can take to become a business owner. The first thing to consider, treat what little capital you have as the most precious commodity. Treasure your “treasure” and only give it up begrudgingly. Don’t overspend on nonessential...

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The 5 Reasons Every Small Business Are Extending Credit

Posted by on Mar 21, 2012 in Enhance | 0 comments

There is much debate over whether or not extending net terms to customers is a smart practice for small businesses. There is risk involved, with providing a service or product and trusting the customer to pay you back at a later, specified date. Some say it is harder for small businesses to monitor their credit department, as they don’t have the tools like Fortune 500 companies, but thanks to emerging technologies, handling their customers’ payments is easier than ever. The truth remains that, if your business model supports the practice,...

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