Despite thorough planning, running a business can often come with unexpected expenses. May it be an equipment repair or advertising funds to keep up with the competition, surprise expenses are a part and parcel of every business. Not having funds to cover the necessary costs can put a business at risk of falling behind or even shuttering down. It is for times like these, that a healthy business credit can help you secure that much needed loan. This post outlines five strategies for building your business credit.
When you think of how successful Mrs. Fields' cookie shops are, it is hard to imagine that this business almost didn't make it. Debbie Fields was not an instant success. She encountered many obstacles and naysayers on her road to fortune. Debbie Fields, maiden name Debra Sivyer, was one of five children in the home of an U.S. Navy father and stay at home mother. Living in poverty, the family found that eating high quality meals was nearly impossible.
Whether you are starting a new business or managing an existing business, your business identity such as logo, trademarks, patents etc. are extremely vital. But with millions of businesses across the country, how can you ensure that your trademark is protected? Or how can you ensure that you are not unknowingly using someone else's registered trademark? This is where Trademarkia.Com comes in. Businesses can use this site and prevent any potential legal issues that may arise from trademark, copyright infringement, etc.
As your business starts to grow, it is going to get to a point where incorporation is essential to protect personal assets. The issue with incorporation of small businesses is that many business owners cannot really afford to pay for a professional service. Today, there are online incorporation services that are helping small businesses achieve their goals. Here are some of the facts to consider before you decide if online DIY incorporation services are right for your business.