Ever since the consumer financial institution card laws went into effect a yr ago and made it tough for the credit card companies to jack their interest rates up willy-nilly, they’ve come down on small business credit cards with a vengeance. Rates of interest have gone up to 30% on this time. Not only that, they organize things so that you just really end up paying a few proportion points more than what they advertise. It’s all in the wonderful print (they assume you received??A�A�t take time off out of your business to pore over it).
3. No business plan. Your business plan is your technique. It includes many vital gadgets like defining your business area of interest and goal market, your marketing plan, monetary projections, staffing, investments, as well as the advantages and features of your services. Referring again to your vision for your business, it’s your business plan … Read the rest