Small Business News, Tips and Information

Search



Syndication



Categories

Blog Carnivals (25)
Business Law (19)
Customer Service (12)
Family Business (4)
Human Resources (27)
Marketing (53)
Money (36)
Motivation (21)
Networking (23)
Operations (71)
Ownership (52)
Startup (41)
Taxes (20)
Technology (34)
Ventures (20)


Recent Posts

When You Should Consider Hiring a CEO

Business Tips from Presidential Campaigns

Last Minute Tax Tips

Networking Cards: The Business Card Alternative

What Makes Women Entrepreneurs Different from Men?

How to Secure Your Business Against Computer Viruses


Archives

February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
June 2006
May 2006
April 2006
March 2006
February 2006

GreatFX Business CardsSmall Business Buzz › How NOT to Fund a Business

Small Business Buzz
A doubleshot of business news espresso with extra froth
How NOT to Fund a Business

How many of you have used a credit card for a business expense? With credit card companies aggressively offering easy approval with sizable credit limits it’s understandable why many people do this.

Banks put small business owners through the wringer before lending money. … if the banks want to lend responsibly, look at it from your own point of view: why would you want to borrow irresponsibly? Because that’s exactly what using your personal credit card can be.

Bottom line: be responsible and use the credit card(s) sparingly. Your business will be much stronger, and you will be much happier.

Source:
ShropshireStar.com (U.K.)

Related Buzz Posts:
How to Improve Your Credit Score
IRS Payments by Credit Card
Funding Options for Small Business
A Little Relief from High Gas Prices on the Horizon

By Chris Brunner
Wednesday, September 7th, 2011 @ 7:02 PM CDT

Money |

Share Your Thoughts


Freedom of speech is a beautiful thing.
Thank you for taking the time to voice your opinion on this article.