Category: Business Financing

If you have a business hotel credit card, you’ve probably been racking up points with your favorite hotel brand with your everyday business expenses. If you feel like you need a break, the summer may be a good time to think about taking a vacation, and your hotel points can help you do it. Here are some tips to help you make the most of them. 1. Book a once-in-a-lifetime trip Depending on how many points you’ve managed to earn… Read More

Edward Whittaker has grown Great Basin Power, which sells energy equipment, including generators, solar, and energy storage to a six-figure business. He started using personal credit, but moved to business credit as quickly as he could.  “For the first several months of operation, I had no choice but to use personal credit cards for everything including all energy equipment, travel, fuel, etc.,” he says.  But as soon as possible, he began to build his business credit. “As a sole proprietor,… Read More

Have you heard the term “financial statement?” If you’ve owned your own business for some time, we’re betting you have. While it’s part of the lingo of being a business owner, the value isn’t always understood. Financial statements can give you important insights into your company’s financial health. They are also a vital part of creating plans for growth or even surviving a downturn in the economy. There’s another important purpose of financial statements: small business financing. If you’re looking… Read More

Whether you’re hiring your first employee or your tenth, creating jobs as a business owner can potentially help you take your business to the next level. If your cash flow isn’t ready for the cost of a new hire, however, you might be considering taking out a loan to help you create the new job. Borrowing money to invest in human capital can be a good thing, but it’s important that you carefully consider all aspects of the decision to… Read More

As a business owner, you can earn travel points and miles on your everyday expenses. But you don’t have to use those rewards for your business if you don’t want to. Whether you have a business trip coming up or need a getaway to recalibrate, here are some things you can do to make the most of your credit card miles and points this summer. 1. Understand your redemption options There are several business travel credit cards out there and… Read More

Business credit card rewards may not sound like an important part of your business strategy, but they can help you expand your business if you use them correctly. Specifically, travel rewards may help you do things that you might not have the cash flow to do otherwise. If you have a business travel credit card or are considering getting one, here are some ways you can use those rewards to take your business to the next level. 3 ways to… Read More