When done correctly, business credit is earned without the SSN being provided on the application. This means that there is no credit check by the business owner to get approval. This also means that anyone with bad, even horrible, personal credit can be approved for business credit. Report to business credit reporting agencies, not consumer…

In the past, people used postal services to send checks to family members or service providers. Whenever someone needed to send money, it would take time for it to reach the interested people. When you can make payments instantly, you have a number of advantages over writing checks and waiting for the other person to…

Good funds not deposited! This is definitely a confusing area for many users. If you have no experience with bank reconciliations (or don’t), then this concept seems a bit strange … at first. QB allows you to choose which payments are grouped into a deposit so that you can match your deposit entries to the…

If you are looking for a partner, financing, angle investor or venture capitalist, you will be asked for a business plan. Even if you do not need capital for the formation of your new business venture, you will still be glad that you have prepared a business plan that helps you prove yourself that you…

There is nothing like the fear of not making it to the bathroom on a plane so that the future traveler stays home. Take it easy. The situation is controllable. Before the flight: Reserve an aisle seat as close to the toilet as possible. This is not rocket science, as you don’t want to have…

In the parlance of accounting, the left side of an account is called debit side. Therefore, an account with entries on the left greater in total than the entries on the right is said to have a debit balance. The following accounts typically have debit balances: (a) Accounts receivable (b) Cash (c) Fixed assets (d)…

Money that can be used to buy what we want, but that we do not have, feel, or count in our hands. Money that can save our lives and destroy them. Money is a necessity and our entire life revolves around it, from discovering the means to earn it to how to spend it and…

A bankruptcy is not a good thing. It stays on your credit card report for 7-10 years. There is a chance that your credit card score will remain low until you take some steps to improve it in a short time. But it takes a lot of persistence and patience and a steady stream of…

There are different types of speeds in the science of Physics, which play different roles in our daily lives. People get confused with the different types of speeds that exist and the meaning of each and every one of them. Thanks to physics we can see the velocity, the scalar and vector quantities, the initial…

When we look beyond the Internal Revenue Service (IRS) nonprofit status of an organization as reported on its IRS Form 990, many of the distinctions between For profit Y Nonprofit corporations lose meaning from an operational point of view. As Peter Drucker states, “The differences between running a chain of retail stores and running a…