Tag: business-credit
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Business Owner, do you know invaluable links?
Below is a “greatest hits” set of links you can bookmark today which contain everything from zero cost mentoring and productivity power tools to must read business journalism and live economic dashboards. START & STAY LEGAL Purpose Link Why it’s gold Form an LLC / Corp BizFilings Step-by-step state filings, registered-agent bundle Free legal Q&A…
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Is the best time to start a business during economic recession or boom times?
Which is actually better for launching—recession or boom? The data say neither calendar is destiny; timing is only half the story.What does matter is which set of tail-winds matches your risk tolerance, capital base and market gap. BOOM TIMES – the upside and the land-mines Advantages Hidden Traps Cheap, abundant capital – VC dry powder…
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The Federal Reserve just lowered interest rates. How does this impact business credit
A Fed cut is like a green light for your business credit file—costs drop immediately, approval odds rise, and the path to “bankable” status shortens. Here’s the play-by-play happening right now: 1. Cheaper cost of capital – starts in ~30 days 2. Higher approval odds – banks say “yes” more often 3. Refi window opens…
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My bank turned me down for a business loan, what do I do now
Bank said “no” → treat it as a to-do list, not a stop sign.Follow the sequence below; each step fixes a common denial trigger and opens a cheaper door. 1. Get the real reason (in writing) 2. Patch the biggest hole fast If they said … Do this in the next 30 days Low credit…
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