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Friday, June 19, 2009
Monday, June 15, 2009
Establishing Credit for Your Business
Corporate credit is an unsecured loan the financial institutions grant after verifying a business’ status. Owner assets and credits though are not at risk here. However, the financiers do verify their personal credit record to establish their credibility. Now, what if you have a bad personal credit? The answer is, you can still get the loan though you should strive to keep your business status compelling. The ensuing discussion explores the ways to strengthen your chances of securing business credit if you have a bad personal credit.
-Business entity. Your business should have its own legal existence and identity, independent of its owner. Therefore, register your company as an LLC or a corporation to build its own reliability. The proprietorship companies and partnership firms, however, face disadvantage on this front, as owner’s credibility is business’ credibility. As a result, the proprietors have to stake their personal assets to secure business loans. In addition, an owner’s bad personal credit is a big disqualification in these cases, while it has reduced impact if the organization has larger spread as is the case with LLC or corporations. Therefore, your organization’s LLC or corporation status leverages your chances of getting business loans despite bad personal credit.
-Business peripherals. A physical address, other than the P.O. Box, and a business telephone line, add much towards the integrity of your business. They reflect that it exists and is reachable.
-Other factors. Have your business operating license, good bank rating, Dunn and Bradstreet number or Duns number, around five trade references for paydex score, all in place.
-Trade credit. Trade credit is one category where you can avail business credit for a specific purpose, material purchases, even if you have low personal credit scores. However, you can use trade credits at the issuer’s specified centers only. Therefore, trade credits definitely lacks the flexibility of a cash credit and better suits the companies not requiring working capital. It is not very useful for most of the businesses with cash requirements of varying nature.
-Personal credit. It is important to understand that being an LLC or corporation does not mean that your bad credit will not have an adverse impact on your corporate credit at all. The financiers do check the owners’ social security number (SSN), and credit reports, prior to granting business credit. Mostly banks consider the applications of the owners with a credit score of 640 and above. Therefore, if your credit score is low, then without delay, it is best to start building your personal credit along with the business credit. In fact, prioritize this work.
All said and done, avoid bad credit at all costs as it makes it difficult to obtain cash credit from a bank. But even if you have bad personal credit you can still build good business credit.
Corporate Credit Concepts makes it easy to establish business credit. To obtain your free report on how to build business credit and obtain Unlimited Financing click here. from www.freecorporatecredittips.com
Getting rich just became easier with the many online jobs available
You maybe new to the Internet but if you’re serious about making money online then there are plenty of online jobs available for you. With so many choices, it might just be difficult to pick on a suitable option.
Research opportunities Most top companies who have a strong presence online always want to expand and diversify their business. Hence they look for innovative research on current market trends, customer preferences, buying behavior online etc. Many times they even pay top dollar for online jobs entailing comprehensive research on competitive analysis, SWOT analysis and other parameters. Thus research represents one of the best online jobs which are guaranteed to pay you good money in short time spans. Often you might just receive large chunks of payment for a single assignment. It’s because high quality research is always sought after. As a freelance researcher, if you have an Internet connection and access to journals and subscriptions, you can easily conclude strategic findings based on your research. This is one of the few online jobs which is in great demand and pays top dollar too!
Medical transcription If you have a degree in Biotechnology or a related medical field and also possess good writing skills, then medical transcription can be a great profession for you. The way it works is that you will need to transcribe the dictation between doctors and their patients. This information is crucial and these kinds of online jobs require a great deal of expertise and accuracy. Even a small mistake can cost the company losses in millions. This is one reason medical transcription specialists need to have a thorough knowledge of the medical industry and might also need at least 1-2 years experience of internship at a hospital or health care facility. However, medical transcription is one of the online jobs which pays a great deal of money – which is why it is a sought after way to make quick money.
Flash design and animation Graphic and flash designing is big these days. Everything from movies, to website pages to even small videos depends on Flash for improving attractiveness and interest. If you have specialized skills in design and animation, you can literally earn loads of money in a few months. You can avail a variety of project based online jobs which are looking for animation and design skills. You just need to mention your hourly or project based rates and start bidding online. As you win more projects you can gain more experience and command better rates as well. The reason these online jobs are gaining in prominence is because of the outsourcing wave. Most big companies do not want to spend big money on animation skills in-house. That’s why they look for independent service providers who charge less, are skilled and motivated.
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How to make fast money in quick and easy steps
There are times when you find your online business is not making money as you wanted it to. At other times you will find that your money making scheme is not getting you fast money as intended. If you wish to sustain the momentum of making money throughout the lifecycle of your business, then here are some tips for you.
Slow and steady wins the race – or does it? People who advocate the thought that only hard work and perseverance pay, have really not discovered ways to make fast money online. There are so many ways to jumpstart cash revenue streams that it can be difficult to choose from these options. Right from affiliate marketing to PPC campaigns, you will find plenty of proven ways to earn fast money on the Internet.
Why affiliate marketing still holds good Affiliate marketing may have been done to death but there is a reason why it’s still hanging around. It’s because it is one of the most tried and tested ways to make fast money online. The reason it is so great is because even if you yourself don’t have any products of your own, you can still make money off this scheme. You can have a website which promotes other people’s products. With every sale that happens through your referral, you can make fast money off this scheme. What’s more, there are plenty of affiliate programs free of cost – which means you don’t need to make an initial investment. You can also opt for affiliate schemes which provide you with joining incentives and bonuses.
PPC campaigns PPC or Pay-Per-Click is also another age old money making scheme on the Internet. The way it works is that you post an ad about your product on any of the popular search engines. You also include strategic keywords in the ad. Thus if users search for this keyword, your ad pops up in the results. PPC is one of the most efficient ways to make fast money in a limited time span. It has been known to provide guaranteed results. That’s one reason why companies spend big money on this scheme – because they know they will eventually divert more traffic to their site and make fast money off it.
Optimizing the title and Meta tags We all know that the Title and Meta tags are one of the first ones to be spotted by search engine robots. Regular crawls by these spiders ensure that only the best optimized sites win the race of page ranking. By optimizing your title and Meta tags you get to ensure better page rankings online and jumpstart sales overall. This is a great way to ensure fast money flowing in within a short time period.
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Work online and start your own business
The Internet has literally opened up a plethora of money making opportunities online. Now you can afford to work online according to the time and pace you wish. What’s more, with the numerous opportunities around, you are sure to find one that fits your preferences!
Call center home based jobs If you like to attend customer calls and believe in customer satisfaction, then a home based call center might just be the thing for you. All you need for this home based opportunity is an Internet connection and a telephone line. The call center client will pay you depending on the number of hours you put in overall. Thus it doesn’t matter when or how you work. Through this way you can easily work online at your own pace and convenience. However one drawback is that you need to have a quiet area in the home where you can take calls from customers. So if you have babies or a pet then this could prove to be a hindrance in this work online opportunity.
Personal shopping If you have always loved the heady experience of shopping, then you can turn this into a great money making potential for yourself. In this opportunity, you can work online by shopping for other customers. To do this you will need to assess their likes and dislikes, color preferences – especially when it comes to clothing. Then once you have thoroughly analyzed their choices, you can start shopping for them online. In this way you get to work online and earn significant commissions too!
Classified based sites You can also choose to have a website which hosts all classified ads. Every sale that happens out of a listing on your site will earn you a commission. What’s more, you can also charge an initial fee to get registered with your site. Through this way you can work online without really doing anything. Revenues just keep pouring in through every sale made! Thus your website becomes a money making asset that works even while you sleep. Many people work online in this way – by encouraging new businesses to host their ads on their site.
Consulting services You may have been retired from active work but if you possess domain expertise in a niche segment, you can turn this into a work online opportunity. Simply advertise your skills as a consultant. You would be amazed at how many top companies would be willing to shell out big money for your services – especially if your skills are in demand. Through this work online opportunity you can hone your skills as well as generate a great deal of money – in very short time periods of time.
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