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Creditors want to know your business’s debt story. Your credit utilization, on-time payment history, instances of default, and credit trends indicate the likelihood you’ll repay any loans or lines of credit you’re offered, and they influence how much—and at what rate—a lender is willing to provide your business at a given time.
Every business can benefit from credit-boosting strategies, even those with substantial cash reserves. Learn about the steps you can take in our guide to business credit.
Businesses like yours often need an infusion of cash to expand, pivot, and pursue big opportunities. Loans and lines are credit are two of the easiest to access forms of capital you might consider. In our guide to using loans and lines of credit to help your business grow, you’ll learn the options that are available to you, how you might qualify, and how to determine whether these options should be considered to help you achieve your goals.
Expenses can pile up quickly, reducing the capital you have on hand to invest in inventory, equipment, and opportunities for growth. One of the easiest ways to save money is to take steps to reduce your income tax bill. You can do this by ensuring you are claiming every tax deduction that applies to your business?
Ready to get started? Read our guide below for some simple tips.
Too many people tell small business owners that they can’t attain grants. But the truth is that there are quite …
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Portfolio loans are one of many options you can pursue to raise cash for your small business. Sometimes called a …
Most often, your revenue will come from delivering high-quality products or services to your customers. But, sometimes, you can boost …
A 2020 survey found that 88 percent of consumers in the United States used coupons or discount codes when shopping …
Obtaining a business bank account is important, but you should also consider signing up for a business credit card to …
Many small business startups rely on loans for their early capital needs. But if the idea of hefty loans and …
As your business grows, you may be thinking of cashing in a portion of its income. But before you increase …
The United States doesn’t levy a federal sales tax, but many of its states do. And within those states, various …
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Owner Actions, Inc. helps people buy, scale, and sell their businesses by offering pro help, tools, and step-by-step resources.
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