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30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
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31 August 2024 | 11 replies
That, and I guarantee whoever reviews it will change it.
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2 September 2024 | 34 replies
They also give you a written guarantee that they will help you profit $50k in the next 12 months.
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31 August 2024 | 16 replies
I do not know your tax situation, but I know most tax professionals are fairly busy and normally do not guarantee they will be able to file by the original timeline.
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29 August 2024 | 14 replies
I filed a claim with WFG title insurer and they just denied me saying: "Title insurance is not a casualty insurance that covers every possible loss, nor is it a guarantee of any facts regarding title to real property.
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4 September 2024 | 84 replies
I get the need for them (I guarantee I will have them) I just don't like it being the knee jerk reaction.
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29 August 2024 | 14 replies
STR's are unstable with a lower likelihood of guaranteed income.
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28 August 2024 | 9 replies
If it’s a subway that has a corporate guarantee and option to renew that is a much lower risk than a brand new business that has a High chance of going underWhat we see frequently is investors chase returns and ignore risks.
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29 August 2024 | 3 replies
A .5% post-tax "spread" between highly volatile projected stock market returns, and the guarantee of a 7% return (by not having a mortgage payment) just makes no sense, to me.
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29 August 2024 | 11 replies
Guaranteed payments?????