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Credit is necessary for the operation of any business. Businesses need credit for a variety of purposes. Suppliers sell goods on credit. Credit is needed to take loans for large purchases like real estate, heavy equipment, vehicles, and manufacturing equipment. Revolving credit is used to manage business operation expenses and cover payroll. Credit doesn’t just […]

For many businesses there are three keys to success: location, location location. How should a business find the best location? The very first step is to develop a location planning strategy. is to understand where you are and your key objectives. The location decision will need to reflect future operational requirements and business situation, if […]

Naming your new company is a very personal choice, and the founders really need to think hard about what they want the name to be. A name can be changed later, if necessary, but this is an expensive and cumbersome process of filing an amendment, notifying your vendors and customers and changing all your stationery, […]

Don’t take this wrong; most people are lazy in some way while they focus on more important things like family, friends, TV, movies, tweeting, Facebooking, or even working on their business. Lazy people don’t like to keep minutes, hold meetings, and generally follow many formalities. Who can blame them? Limited Liability Companies (LLCs) are perfect for […]