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Getting Your Personal Finances On Track Before You Start A Business

Strategy Driven

Improve Your Credit Rating. If you’re planning to borrow to set up your business, then you do need to make sure that your credit rating is at a healthy level. Be aware that a credit rating can change based on a variety of different factors.

Finance 122
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How Can You Manage Your Small Business Finances More Effectively Using Loans?

Strategy Driven

Also like other types of loans, a business owner’s credit rating can be a deciding factor in whether a loan is approved or not, and it impacts the interest rate of any loan as well. Much like any other loans, they come with interest to pay, and there is also variable loan vs fixed to consider.

Finance 94
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Emergency Loans: 4 Tips to Consider

Strategy Driven

Of course, some lenders allow you to negotiate interest rates for these loans, with applicants with a credit rating of 750 and above having the upper hand. You will need to build your credit history over time to give you a better chance of getting emergency loans when you need them. Confirm Your Eligibility.

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Secure leadership for an insecure economy

Chartered Management Institute

Welcome to the insecure economy – and a whole new set of management challenges Jaroslav Chudej CMgr FCMI recalls a particularly alarming moment from his 20-plus year career in the hospitality sector. It also shows the degree of power that sits in the hands of untrained managers. The easiest thing was simply to blame someone for it.

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5 Viable Options for Financing Your Small Business

Strategy Driven

Financing a small business isn’t always easy, but there are plenty of solutions available, no matter how bad your credit rating is. Plenty of credit card companies have 0% introductory offers for new customers but bear in mind your personal credit rating will dictate which offers are available to you.

Finance 65
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Three Ways Property Owners Entice and Retain First-Rate Tenants

Strategy Driven

Do not allow your need for a renter to prevent you from checking an applicant’s income, references, criminal history, previous eviction history and credit rating. Reliable and responsible tenants are hard to find, and not keeping them long-term can make your property management experience difficult.

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How To Secure Business Financing After Declaring Bankruptcy

Strategy Driven

Firstly, they will worry about why the first business failed and whether it was down to poor management. The investors are a lot more confident because it’s not just you that’s running the business, you have an experienced, successful partner to help you manage the workload, meaning you’re more likely to make it work.

Finance 66