Small Business Blog Posts | Page 17

Free credit score sites are a good way to learn about your financial well being, make informed borrowing decisions, and manage your financial health. In this article, we highlight some of our favorite 100% free credit score sites.

When you are looking for your very own side hustle, there are a couple of things you want to consider. Can it actually be a side hustle or is it enough work to be considered a full-time position? Do you have the time and energy to add it to your already busy schedule? Is it something you are passionate enough about (or that makes enough money) that you won’t get burnt out too quickly?

Your side hustle may not be your primary focus. After all, you’ve still got bills to pay and health coverage to maintain, so you don’t want to endanger your day job in the pursuit of a dream. Nonetheless, the same elements that translate to a greater likelihood of business success apply regardless of whether your business is your part-time or full-time endeavor.

Understand what a business line of credit is, how it works, and how it could solve your cash flow problems. Find out how to get one for your small business.

In this post, we’re going to explain your business credit score and whether or not it is important (spoiler alert: it is). We’ll also look at the different types of business credit scores, how they’re calculated, and how you can access yours.

Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.

From a merchant’s standpoint, the difference between a credit and a debit card matters less than it does to the consumer, but the difference is still detectable because the transactions carry different costs. In fact, because a PIN pad is needed to initiate true debit charges, a merchant must buy a point of sale terminal with a PIN pad before true debit charges can be processed. For larger ticket items, a true debit charge can cost the merchant less to process than a credit charge or a credit path debit charge.

For small business owners that want a flexible form of financing, a line of credit is a popular option. When applying for a line of credit, you’ll encounter two options: revolving lines of credit and non-revolving lines of credit. In this post, we’re going to explore the differences between the two. Which option is best […]

More business owners are moving away from traditional banks and are turning to credit unions for their business financing needs. Offering many of the same services as traditional banks, credit unions are becoming the go-to resources for smart business owners.

You will need anywhere from $1,000 – $100,000 before you start your business, depending on your industry, location, and business plan.