Before you begin applying for credit it’s important to determine what strengths and weaknesses your company brings to the table. < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Are you a startup or have you been in business for several years?
Do you have projected revenues or actual revenues coming in year after year?
Does your company process credit cards on a monthly basis? I
Hearings in Vectren’s electricity rate case have ended, and state utility regulators will start their final deliberations in the case in November.
Vectren is seeking a $34 million increase in the rate it charges its 140,000 electricity customers. The utility says this change would increase the average monthly bill by $12.50. “Average” in this case is defined as a customer who uses 900 kilowatts per month and pays about $129 per month.
The Indiana Office of Utility Consumer Counselor, the body that represents consumers in utility rate cases, is recommending that Vectren receive a $10.9 million increase.
The latest round of hearings began in Indianapolis Aug. 23 an
The Evansville Convention & Visitors Bureau’s board on Monday officially endorsed a planned baseball/softball complex planned for Wesselman Park and the Roberts Stadium campus.
Board member David Dunn is the chairman of Destination Evansville, the visitors bureau committee spearheading the proposed sports complex project.
Dunn said the plans for the eight-field complex have gone through some changes as a result of input gathered at public design workshops held earlier this month. T
What is your exit strategy? Whether you’re a young entrepreneur with grand ideas or a seasoned professional approaching retirement, you should have an exit strategy for your business if you want it to continue after your tenure.
If your desire is that your business continues to succeed after you step down, there are a number of options for you to consider. Here are the typical paths to handing your business reigns to another:
Sell it to an outside buyer – You might sell to another entrepreneur or perhaps undergo a merger with an existing larger firm.
Sell to employees – Perhaps you’ve built extreme loyalty with employees. Conside
Jasper Alternate Fuels has become a distributor for a Michigan company that makes alternative-fuel systems for vehicles.
Based in New Hudson, Mich., Icom North America makes the JTG liquid-injection fuel system.
Just recently FICO released data showing that over 25 percent of consumers now have a credit score of 599 or below. That’s a whopping 43 million people that are considered subprime and what’s even more startling is those numbers continue to climb. < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Credit scores play such an integral role in our country’s credit system and more consumers need to be aware of how today’s financial decisions will impact tomorrow’s borrowing potential.
In FICO’s world “damage points” are applied to a consumer’s credit score rating when there is evidence of financial hardship or patterns of risky behavior. Some “damage