Getting Her Credit in Shape Helped This Woman Boost Her Business

In an industry dominated by male business owners, Leticia Giron has been in business for 21 years. She’s the owner of Belleza & Beauty, a wholesaler of beauty equipment that sells to spa owners, doctors, and distributors. She self-financed the business using savings and credit cards until new competition threatened her business. “I was buying all my equipment from a vendor who decided to increase his prices. He started showing up at the trade shows I would attend. I could Read More

Step-By-Step Guide to Reviewing Your Experian Business Credit Report

Strong business credit is one of the major building blocks of successfully growing a business. A clean report with killer scores makes it easier to qualify for good rates on financing, and keeping track of what’s in your report can help you avoid becoming a victim of fraud. But reading a business credit report isn’t easy if you’re not familiar with the industry mumbo jumbo of credit reporting agencies. Here’s your guide to demystifying the information in your report, so Read More

6 Ways to Save Money On Payment Processing Fees

In life and in business, fees are always adding up. Take business loans as an example. To get funds, you’ll pay an interest rate for an agreed upon term. There might be an origination fee for processing your application, a late payment fee if you’re behind on payments, or a monthly maintenance charge. You have to understand what you’re actually going to pay before you sign on the dotted line. Credit card processing fees are the same way. Here are Read More

The Worst Time To Apply for a Business Loan

Imagine this: You’re hard at work on your business, you’re growing and pouring more money into the development of your company. Times are busy, and more customers are inquiring about what you offer. Suddenly, it stops. Your existing contracts are ending, and the rate at which new customers are coming in is dwindling. If you’re not careful with your finances, a slow season can have cascading consequences. Less business means less cash flow and less cash flow can mean you’re Read More

Square Capital Review: Two Square Merchants Share Their Personal Experience

Sellers currently using or considering using Square Capital may not know that Square offers more than just credit card processing. They’ve entered the business lending game, offering loans through an invite-only program for sellers with a healthy business history with Square. “It’s a painless way of getting funds,” says Bernadette L. Harris, owner of By The Book Accounting, who got her first Square Capital loan in March of this year. But is a loan from Square a good option for Read More

6 Ways to Leverage Toilet Time For Your Business (No. 2 May Surprise You!)

Yes, you read that title right. As a small business owner, you wear a lot of different hats. With so much on your mind, it can be difficult to find time for those small but important tasks that improve you both as a person and entrepreneur. One daily activity that allows for some multi-tasking is toilet time. You may already think of toilet time as time well spent, but think of the minutes of your day lost if you’re playing Read More

Moo Review: How to Print Killer Business Cards

It’s a digital age, but your business card still matters. Not only does it make your networking efforts more personal, it gives you a chance to make a lasting impression with everyone who sees it. If you’re on the hunt for business cards that’ll set you apart, Moo is an online printing and design shop you should consider. There are more than seven different types of business cards offered through Moo. The standard cards offered feature thick, premium paper, and Read More

3 Businesses That Could Be Hurt By Trump’s Tax Plan

President Trump delivered his pitch on tax reform in Missouri last week, calling for reduced complexity in the personal tax code. “This enormous complexity is very unfair,” he said. “It disadvantages ordinary Americans who don’t have an army of accountants, while benefiting deep-pocketed special interests.” One way Trump’s personal tax plan would try to accomplish this goal is by eliminating itemized tax deductions and doubling the standard deduction. This is likely considered a win for the majority of taxpayers who Read More

Your Business Bank Account Could Be Getting an Upgrade Next Month. Here’s Why

If your business has been strapped for cash before, you know the stress-inducing feeling when your client says a payment is on the way, and you have to patiently wait for the funds to be available in your account. Waiting for a payment can cause a cascade effect on your business, causing you to miss a deadline on your bills, strain your relationship with your suppliers, and even bring down your business credit scores. But knowing that your payment will Read More

How an Equipment Lease Was the Key to Unlocking This Consultant’s Success

Miles “Holmes” McGinnis first started his computer consulting business, Amerimart, in the early 1990s. He was a database programmer who consulted for several Fortune 1000 companies, and enjoyed 10 years of solid work with his growing client base. Then, during the Dot-com collapse in the early 2000s, Holmes lost many of his clients because of excessive speculation and growing fears regarding the future of Internet-based companies. Suddenly, he was faced with no work, aging technical skills, a growing pile of Read More