Grand Business Consulting

THE IMPORTANCE OF BUSINESS CREDIT AND HOW TO GET IT The U.S. prides itself on the entrepreneurial spirit. When a small business owner decides to incorporate his or her business, that small business owner has just begun the process of creating a brand new and separate entity. Basic business law dictates that a corporation is a separate and distinct legal entity having its own privileges and liabilities distinct from those of its member. Given this information, it then becomes...Continue reading

Tools to Help You Launch Your Own Business Types of Business Ownership There are basically three types or forms of business ownership structures for new small businesses:...Continue reading

The Easiest Way to Improve Your Credit Score Looking for an easy way to boost your credit score? Generally, building a good credit takes time and good habits. However, there are some steps you can take that can be very beneficial to your credit score. Let’s take a look at a couple of them: Pay Off Debt... The amount you owe accounts for 30% of your credit score, and if you have a lot of credit card debt and other accounts with big balances, systematically paying down that debt can improve your credit score in a hurry (depending on how quickly you pay down your debt). Attacking that costly credit card debt first is the way to go. While paying down credit card debt isn’t fun, there are some tricks to make it fairly painless: Automate your payments. Move your due dates close to paydays so you’ll always have plenty of cash in your account when a payment comes due. Set up text or email alerts so you never forget to make a payment. Avoid taking on new debt as you pay down your credit card balances. If you do make new charges on a credit card, stick to small purchases that you can pay off that month and don’t let any new purchases get in the way of your debt pay-down plan. Paying ahead on an installment loan is good for your wallet but it won’t give your credit score a boost. However, paying off a revolving credit card account with a high interest rate will do both and that’s why credit card debt should be the first debt you target when you want to lift your credit score. Pay Your Bills On Time The most efficient way to make a credit score lift is by establishing a payment of history of steady, on-time payments. Payment history accounts for 35% of a credit score and making a series of on-time payments will do wonders for your credit score. So pay your current credit accounts on time each month and never miss a payment. Handle new accounts with care. Only take out loans with payment amounts that you can pay with ease in your current budget. Keep credit card accounts active with small purchases that you can easily pay off each month. Whatever new credit account you open, pay it on time. Build your personal credit http://creditrepair.betterqualified.com/gbc Build your business credit http://creditrepair.betterqualified.com/gbc-2 Grand Business Consulting http://grandbusinessconsulting.com/

Seven Free Ways to Grow Your Business Growing any business is a challenge. Growing a new businesswhich usually also means limited resources to investis many times more difficult. Here are seven tips and tricks to help grow your new venture with no money....Continue reading