TIPS ON HOW TO BECOME WEALTHY

February 8th at 10:48pm

There are no secrets to becoming wealthy overnight, but there are some repeatable, proven, systems to help you become rich. Becoming wealthy has more to do with restraint and tenacity than it does brilliance or luck. How to Build Wealth in 10 Easy Ways Add Value. Something many self-made entrepreneurs have in common are that they are valuable in specific ways. Tax Yourself. The concept of saving money is not a new one. Create a Plan and Follow It. Invest. Start a Business. Be Grateful. Develop Patience. Educate Yourself. Growing wealth is more than just hitting a single number. If…

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HOW TO GET A MERCHANT ACCOUNT

February 1st at 10:41pm

A merchant account is an agreement between a merchant and an acquiring bank. This agreement allows the former to process and accept credit card payments. Creating a merchant account is in the merchant’s best interest. Even in the brick-and-mortar retailing, customers do not always have cash on them. So, the owners of such businesses have to open merchant accounts to be able to process and receive credit card payments. And it is even more critical for online businesses that want to process credit card payments. How to create a merchant account Choose credit card brands to work with. This is the…

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PROTECT YOUR BUSINESS AGAINST FRAUD

January 29th at 10:16pm

Smaller firms, unfortunately, can be highly susceptible to incidents of fraud. Here’s some advice on protecting your company and instituting a policy to prevent external (and internal) theft. For small and mid-sized businesses, the vulnerability to fraud can be compounded because of the sometimes informal nature and the fact that fewer staff members can result in less oversight — and a lack of checks and balances. 5 Business Fraud Prevention Tips Protect your bank accounts. If you haven’t created separate bank and credit card accounts for your personal life and business, do so now. Safeguard your computer systems. Hackers are…

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HOW TO IMPROVE YOUR CREDIT FOR BUSINESS FUNDING

January 26th at 9:58pm

A strong business credit profile doesn’t just help you secure funding; it’s also important for attracting new business. Unlike with personal credit reports, anyone — including potential customers, partners and suppliers — can look at your business credit report. Those parties look at your report as an employer would an individual’s resume, says Amber Colley, director of sales and partnerships at Dun & Bradstreet, a business credit bureau. WAYS TO IMPROVE YOUR BUSINESS CREDIT SCORE: Keep your information current with all three credit bureausEstablish trade lines with your suppliersMake payments to creditors on time or earlyBorrow from funders that report…

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