Twenty percent
of small business owners relied on credit cards and business earnings to finance their credit needs.
Not exact matches
Let
small business owners immediately claim write - offs for new investments, replacing the current system that
relies on depreciation
of business purchases over a period
of years.
Most
small -
business owners rely on plastic at some point in the process
of launching or growing their
businesses.
A new Bank
of America survey reveals that
small -
business owners rely heavily on their local economies.
Glacier Media, wrote Tyghe in an August 2012 report, has promise because
smaller communities
rely on these newspapers for information, while
business owners and employees stay on top
of sector news via its trade publications.
(New York, NY) March 24, 2010 — On Deck Capital (www.ondeck.com), a leading provider
of small business financing solutions, announced today announced today that over $ 50 million
of loans have now been made to more than 2,000 Main Street
small businesses using its proprietary performance lending system which evaluates
businesses based on electronic performance data rather than
relying solely on the
business owner's personal credit score.
Traditionally,
small business owners have been slow to adopt video conferencing because
of the inconsistent quality
of consumer - grade systems and the prohibitive price
of enterprise - level offerings, causing them to
rely on the traditional conference call.
Small business owners and employees are traveling less and
relying more on telecommuting, driving the need for a superior version
of video conferencing: visual collaboration.
While a traditional bank loan often requires specific collateral before they will lend to a
small business and may
rely heavily on the personal credit
of the
business owner, OnDeck offers fast
small business loans from $ 5,000 to $ 500,000 with a general lien on
business assets during the loan term and a personal guarantee.
Add to those legions
of retired workers and the many
small business owners in the area who appreciate they're
relying on a thriving shipyard for work.
To better their survival chances, entrepreneurs and
owners of small businesses in rural areas must successfully pitch their ventures to «faraway, unknown banking officials» rather than
relying on local lenders as in the past, according to a Baylor University study.
This will undoubtedly have a massive negative impact on
small business owners and websites that
relied upon every bit
of income they could bring in, especially from a retail giant like Amazon.
«If you pay bills in cash or
rely on a line
of credit or loan, like a
small business owner often does, then you'll have a terrible credit score even if you always pay your bills on time,» explains Michael Brattman, vice-president
of personal insurance at Erb Insurance Brokers.
«If you pay bills in cash or
rely on a line
of credit or loan, like a
small business owner often does, then you'll have a terrible credit score even if you always pay your bills on time,» explains
And while
small business owners may be tempted to
rely on the success
of their
business as their sole source
of income and retirement savings or only diversify their portfolios among stocks and bonds, there are other options they should consider to secure their retirement savings in today's market.
What's more, the mean age
of the survey respondents was just over 50, which demonstrates an overall lack
of preparedness among a group that should really start preparing for retirement now — especially since
small business owners have no one else to
rely on when it comes to putting their retirement plans in place.
Whether they are startup entrepreneurs or
small business owners, regional companies or national corporations, enterprise clients
of every type have come to
rely on the practical insights
of Owen Bird's
business law practitioners.
Maybe you're a freelancer who is
relying on contract work, or maybe you're a
small business owner who is one
of only two or three people running the company.
Like anyone else who has dependents who
rely on his or her income, a
small business owner needs sufficient life insurance coverage to enable the family to survive in the event
of the primary breadwinner's death.