Setting up a corporation helps shield your personal assets and personal liability for the debts or actions of your company. It’s treated as a separate legal entity and you must treat it as such which includes avoiding the co mingling of funds, assets and credit files.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
One of the reasons to build business credit that gets overlooked the most is protection of the corporate veil. <
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Small Business Bank Accounts
As a business owner one of the important decisions you will need to make is deciding where to set up your small business bank accounts. Once you select the banks or financial institutions that fit the needs of your business than you should focus on establishing bank credit.
Bank credit is different from business credit because the criteria are based on factors relating to your business bank accounts. This includes your balance rating, bank rating and NSF check history to name a few.
Did you notice that selecting banks or financial institutions are pluralized?
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For the longest time angel investors have been responsible for funding over 30,000 small businesses each and every year. It may come as a surprise to you but the total investment dollars coming from angel investors compared to venture capitalists is overwhelming to say the least.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
While angel investors account for $20 billion to $50 billion of investment capital the venture capital community only accounts for $3 to $5 billion according to the SBA.
With over 250,000 active angels in the U.S.
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Evansville-based
Integra Bank has eliminated four positions, and the bank’s top executive said additional cuts will come as the company sheds branches and becomes a smaller operation.
Integra Chairman and Chief Executive Officer Mike Alley said two of the eliminated jobs were in the company’s main office and two were in branch locations. The reductions happened June 4, he said.
Earlier this year, Integra announced that it would sell 20 branch locations in five separate deals. Two
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Verity Credit Union headquarterd in Seattle, Washington, is offering several different savings account rates and money market account rates. Verity’s savings account rates and money market account rates are not the highest rates around but they are competitive with the national average rates.
Looking for the best savings account yields and money market account yields? Use our rate tables at SavingsAccount.MonitorBankRates.com to find the highest yields available in your area.
Verity Credit Union’s savings accounts include a Prime Share Savings Account, a Kitty Club Prime Share Savings Account and a Health Savings Account (HSA). Money mark
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Don’t Forget: Money Grows on Trees
By Brian Madigan LL.B.
If I were to tell you that I have an investment for you that will provide you with a tax free return of over 1,000 per cent, you’d think that I was crazy.
However, this opportunity is available to many homeowners. What is the best improvement that you can make to your house? The one that will provide you with the greatest return?
Now, just about everyone is going to say “kitchens and bathrooms”. But in
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