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5 Vendors That Will Help You Build Business Credit - Nav 5 Vendors That Will Help You Build Business Credit - Nav Posted: 11 Feb 2020 12:00 AM PST One of the easiest ways to start off on the right foot when it comes to building business credit is to get net-30 vendor accounts with companies that report to commercial credit agencies. Pay on time and you will build credit references that help boost your business credit scores.  Not sure what those are? Not to worry. This is your guide to setting up vendor accounts that will actually benefit your business credit. What is a Net-30 Account? A net-30 account is one that extends you 30 days to pay the bill in full after you have purchased products. It's vendor credit that allows you to buy now and pay later. Vendors that report those payments to commercial credit agencies help your company establish strong business credit . So what other options are out there? How can you build your b

Your Questions About the $350 Billion Paycheck Protection Program Answered - Inc. Your Questions About the $350 Billion Paycheck Protection Program Answered - Inc. Posted: 31 Mar 2020 11:41 AM PDT The Coronavirus Aid, Relief, and Economic Security Act (CARES) makes $350 billion in paycheck protection loans available to small businesses, with individual businesses eligible for up to $10 million in forgivable loans.  Naturally, small business owners have questions. Here are some of the most popular questions Inc. readers have submitted regarding the payroll protection program (PPP). Much of the information comes from a recent Inc.com webinar with Ami Kassar, an expert on small-business loans and founder of lending advisory firm MultiFunding. 1. What are some key things we need to be aware of to make sure we legitimately qualify for the PPP loans? In general, you're eligible for the PPP loans if your company has fewer

Forget Brainstorming, Try Questionstorming - Inc. Forget Brainstorming, Try Questionstorming - Inc. Emotional Survival Tips to Refocus in Tough Times - Inc. With Trade Shows Canceled or Postponed This Year, Pitch Your Invention Using LinkedIn Instead - Inc. Forget Brainstorming, Try Questionstorming - Inc. Posted: 31 Mar 2020 08:20 AM PDT When tasked with coming up with a new idea or solving a business problem, people from all backgrounds, job roles, and title turn to the same tool: brainstorming . It's not always an  effective method , but many still use it because they haven't seen a better option -- until now.  Brainstorming  has a much more effective cousin that's not different in practice, but is incredibly different in outcome. It's called "questionstorming."  I first learned about questionstorming in my absolute favorite book, A More Beautiful Question , by Warren Berger.

Velocity Solutions Small-Dollar Consumer Lending Platform Allows Financial Institutions to Comply with the Recent Joint Agency Recommendation    Odessa American

We all have out favorite “locals” — restaurants and bars in our towns and neighborhoods that we go to several times a week or month. For me here in Whitefish, that would include Tupelo, the Great Northern and the Tap House. Each of us has our own list of favorite locals all across Montana. All these “locals” are all now closed because of COVID-19. They are all at risk of never opening again if their owner’s mortgages, rents, or loans cannot be paid while they are closed and have no cash flow. Thousands would lose their jobs. But we would all be losers. Our communities, our daily lives would all be dimmer. But there is a solution! Each of these “locals” has (or could quickly acquire) gift cards that their regular customers could purchase NOW to use LATER to purchase food and beverage when they re-open. This would create cash flow NOW to help pay the owner’s mortgages, rents, loans, etc. and thus survive to re-open again. Many of us would be quite happy to purchase several hundred

WNY coalition of Senators call for small business fund, halt to takeout container ban - fingerlakes1.com WNY coalition of Senators call for small business fund, halt to takeout container ban - fingerlakes1.com Guidelines pending for CARES Act relief programs for small businesses - vtdigger.org Cuyahoga County Small Business Resource Center now available for businesses affected by coronavirus - cleveland.com Timely Legal Tips for Small Business Owners - Spectrum News 1 WNY coalition of Senators call for small business fund, halt to takeout container ban - fingerlakes1.com Posted: 31 Mar 2020 02:02 PM PDT The Western New York Senate Delegation called for the establishment of a $890 million Small Business Emergency Assistance Fund for the State of New York. Additionally, the delegation called for the tabling of any budget proposals to ban the use of serviceware, including takeout containers. This proposed ban i