May 7 2012
What is a business line of credit? A business line of credit is a revolving facility that functions much like a credit card and/or a home equity line of credit. Lines vary in size from $10,000 to millions of dollars. They can be accessed by writing a check or online transfers, especially lines under $500,000 [...]
Apr 25 2012
As a business owner, you make a lot of critical decisions when choosing your operating model, and one that always leaves me scratching my head, is why a business would refuse to accept credit or debit cards. During a recent trip to a deli I was greeted by a hand written sign with the stern [...]
Mar 5 2012
Running a small business is a lot like driving a car. There are many rules of the road. Operating a business in a challenged economy, facing increased competition and lack of focus can make it very difficult for owners to achieve their financial goals. Similar to driving, there are a lot of times when you [...]
Dec 7 2011
In the past two years, eligible businesses allowed to borrow from the U.S. Small Business Administration (SBA) , has increased to an estimated 97% in the U.S.! People seek SBA-guaranteed loans to start or buy a business, buyout a partner, get working capital, extend a loan or get a lower down payment on an asset purchase. [...]