Business Credit

Business Credit is borrowed money that your company can use to purchase products or services it needs and repay the funds at an agreed upon date or time frame.  It can also refer to the amount of capital your business can secure without the use of personal assets.

The good news for you is that businesses of all sizes and entity types have the ability to create its own corporate credit identity completely separate from that of its owners.

Unfortunately most entrepreneurs are not aware of this and operate as a sole proprietorship which is a form of business structure in which the individual takes on all aspects of funding, starting and operating the business.

As a sole proprietor you keep all the net profits but you’re also taxed on them too. Thi

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Digital development companies have accused a council of ignoring the wealth of talent on its doorstep.

Brighton and Hove City Council recently announced the release of AroundMe, an app for the iPhone that allows users to find nearby services such as recycling points, toilets, shops and restaurants.

It has since emerged that the software was created by a company called Mubaloo, which has offices in London and Bristol.

This is despite Brighton playing host to dozens of qualified developers.

The managing director of one firm, which has been creating apps for mobile phone for several years said: “If there was a brief then we did not see one and I would have expected us to. I

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One of the most basic requirements of operating a small business is establishing a bank account in the business name. For some new business owners, this may seem trivial and unnecessary, since their business is operated out of their home.

However, the consequences of mingling your personal and business funds, even if it is part-time, can be disastrous – especially if the IRS makes a call to see your small business financial records. Here are 5 good reasons you need a bank account in your business name.

1. Business For Profit

   The IRS acknowledges that some small businesses are actually a hobby run for fun by the owner. However, if you expect to earn a profit from your business operations, you can bet the IRS will want a piece of that action. A

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BOB GWALTNEY / Courier & Press Jenny Stogsdill of Evansville unloads plants for the RJ Produce booth at the Vanderburgh County Farm Bureau Downtown Evansville Farmers Market on Friday morning. The market, which opened Friday, is sponsored by the Growth Alliance for Greater Evansville.

EVANSVILLE It has been nearly a year since the

Growth Alliance for Greater Evansville lost hundreds of thousands of dollars on the 2009 Freedom Festival and, shortly afterward, two top executives.

The ensuing months weren’t easy, either, bringing more employees’ departures and a $280,000 loan GAGE got from the city in part to pay for damage caused after an ice storm that struck earlier in the year.

And the nonprofit’s finances remain tight; its original intent to retire the debt this year had to be changed to an installment plan making the last payment due in 2015.

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Small businesses in Massachusetts could soon see lowered insurance premiums thanks to newly passed legislation.

The Massachusetts Senate has approved a bill that would require wealthier hospitals to contribute to easing insurance premiums for small businesses, the Associated Press reports. The hospitals would have to make a one-time $100 million contribution.

The bill’s approval could be good news for small business owners in the state looking to buy insurance – it would allow companies with 50 or fewer employees to form cooperatives to purchase insurance at lower cost. Insurers would also be pressured to spend at least 90 percent of premium dollars on care and 10 percent or less on administrative costs.

Senate President Therese Murray said the bill will require insurers to offer affordable insurance plans to small businesses while smoothing out fluctuations in premiums from year to year and easing instability in the insurance market. The bill would also encourage small businesses to adopt wellness program to keep employees healthy.

The push for wellness programs is also being spurred by a provision of the new healthcare reform legislation.
Under the provision, companies with fewer than 100 employees that implement new wellness programs can qualify for grants from the Department of Health and Human Services.

We have put together a current list of the best CD rates from banks and credit unions in San Francisco, California. Our best CD rates list includes 3 month CD rates, 6 month CD rates and 12 month CD rates. 

Looking for the best CD rates from credit unions and banks? Use our CD rate tables at CDRates.MonitorBankRates.com to find the best CD rates in your area.

The best 3 month CD rate is from Luther Burbank Savings. The bank’s current 3 month CD interest rate is 0.90 percent with an APY of 0.90 percent. Next on the list of the highest CD rates is EverBank, their 3 month bank CD rate is 0.80 percent with an APY of .80 percent.

Discover Bank has the highest 6 month CD rate in San Francisco. The bank’s curre

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Social Loans

With entrepreneurism on the rise more and more small business owners are discovering that social lending is the funding lifeline their new business needs. 

Rather than dealing with all the red tape that traditional lenders require for a loan, social lending provides individuals an opportunity to borrow and lend money to each other. This whole process removes boundaries and empowers entrepreneurs from all walks of life to borrow or invest in each other.

While social loans itself is not a new concept it’s fairly new here in the U.S. and only a handful of companies are becoming market leaders. Aft

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Map

Washington Square Mall

1216 S Green River Rd, Evansville

Kerry Chesser, former manager of the Timeout Lounge in the now mostly demolished Executive Inn Downtown for about eight years, now has a new business, K.C.’s Timeout Lounge & Grille, in

Washington Square Mall, which he will debut Friday at 6 p.m.

The location is just inside the west entrance to the mall in space previously occupied by The Quarter Note and earlier by Anthony’s At The Square.

Gene Hahn, an owner of the mall, made the announcement.

Chesser said he shopped for space in about 25 different buildings — most of them Downtown — over the past three years.

He said Hahn gave him the best deal and he decided on the mall location.

The Timeout Lounge at the Executive Inn was among a portion of the hotel demolished to make room for the new arena.

Chesser said the demolition broke his heart.

For Friday’s opening, Flashback Band, a local group that plays favorite old rock ‘n’ roll songs, will perform at 9 p.m.

Rachel and The Jimmies will play old and classic rock ‘n’ roll numbers at 9 p.m. Sat

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On the final day of April 2010, the US Commerce Department released statistics and economic performance news about the 1st quarter results for 2010. The good news? The economy did grow at a 3.2% pace, which means that American consumers did spend more than they did three years ago in 2007. The bad news is that the actual results were shy of the 3.4% growth predicted, and the jobless rate still stands at a high 9.7%.

What the Numbers Mean

However, a .2% difference is nothing to shun. Analysts did have the right idea when they forecasted economic growth, knowing that consumers would once again increase their spending. However, the unemployment rate is a number that needs attention.

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