Updated on December 1, 2017 by admin
Your credit score is the largest tool you will ever have when it comes to your finances. No matter how much money you have in the bank, if you have bad credit, it will cost you thousands of dollars if you plan to make a big purchase. It may even be the determining factor to whether you can make that purchase or not. If your credit score is too low, banks will not lend you money. Good credit on the other hand, can aid you in making all of those purchases you dream of.
If you pay your bills on time consistently month after month, you will have good credit. Let me say that again, paying your bills on time every month will give you good credit. Good credit is the key to getting the banks to loan you the money you need for big dollar purchases.
If you have poor credit and would like to build credit in order to make a big purchase in the future, there are two things that will speed up the process.
Check your credit report for errors .
This should be done each and every year to ensure everything is correct. You may get a free credit report at annualcreditreport. You will have the choice to get all three of the major credit bureau reports or just one. The best option here is to just take one of them for now, so that if there are no errors you can check with the other two credit bureaus later in the year. Many people do not realize that this is an option for them. It is a great way to check your credit report every four months for free. If there are errors in this credit report, it is most likely that there are errors on the other two credit bureau reports as well. Go ahead and order the other two and submit your corrections to them. Detailed information about how to contact them can be found on their site. If everything looks correct, you can come back and choose one of the other credit bureaus in about 4 months to check it again. If you do not know your credit score (FICO), go ahead and pay the fee to see what it is. This will help you when measuring your progress in the months to come
Start paying your bills on time.
No matter how you have paid your bills in the past, start making it a top priority to get them paid on time. Look over your bills due regularly to make sure you have not missed one. Get a pocket calendar and write down the due dates and minimum payment amounts for a quick and easy reference. Paying your bills on time is the first step in having good credit. One late payment will send you right back to where you started, with poor credit. After a few months of paying your bills on time, you will start to receive offers …
Updated on November 10, 2017 by admin
Those who have a fair idea about business and its unpredictable nature will vouch on the reliability of a Franchise business. Despite of being god as a product, one can never be sure of a new product with a new name a new cover will be accepted by the market.
These jinks are some unanswered questions? Why does one silly product click and why does a better one fail? There are different permutations and combinations that favor some and that doesn’t for some. But one way to approach that is proven and safe method is by accepting a franchise. Thus you are venturing under a proven name, which is trusted and accepted by the public.
A Franchise business is a very commonly used term. It means the right of running the sales and the business is handed over to another individual. But the person has to sell the brand name products only. This way you can set up your own business, and be sure of being successful too.
Franchise agreements are legal, and it means you are authorized to sell the products and goods within the specific region as termed only. It is a type of business merging with another individual to extend sales to another area. The company whose products and name is used for sales is called as Franchiser, and the company who operates the business of the franchiser is called as a franchisee. The franchisee is more often given a fixed sum along with a percentage of the profit of sales.
Since the franchiser is usually an established brand name, the franchisee has to use the same marketing ideas and tools and the same business policies as that of the franchiser. Any difference is violation of the terms and agreements.
There are different points that one must always keep in mind before entering any business venture, or expand.
There are a number of soaring franchise businesses today, Salons for men, Salon for women, Cake shops, Hotels, Garment stores etc are a few of them.…
Updated on November 10, 2017 by admin
Whether you need to travel to get to work or your job requires to travel all over the country, having a can be the most useful form of transport. Car's are a lot more reliable and give you the independence to go anywhere you please.
But what happens if you need to travel for business but you do not have a car?
Well there is always the option of business car leasing. This will enable you to have a brand new car with all the latest features almost straight away. As an advantage, if you lease a car through a business you as an individual are at a less of a risk. Although to receive an approved business lease you will need to have a good idea of your credit on the business accounts as these will be checked against the approval. Like a normal car lease monthly payments will be required once the lease has been agreed, however as a business lease these payments can be seen as expenses which can be counterbalance against corporation tax. By also taking out a maintenance contract as well as a business car lease means that all of the VAT paid on that lease will be reclaimable.
So how does business car leasing work?
After you are approved approved through the business accounts, you will place your order which covers your specific requests, and then you will need to pay a deposit as a financial commitment to the contracted agreed. Once the deposit has been made and all other paperwork had been completed and signed, the delivery date will be set and you will then need to pay the first initial payment to the company which is dealing with the financing of the lease.
Like normal car leases the initial payment is 3, 6 or 9 times the monthly amount. Servicing however all depends on the length of your contract. Like all new lease cars you have peace of mind that you will not have to worry about the MOT of the car unless you have four year contract, as the MOT will be required on after the third year. If you do decide to take out a maintenance contract with your lease, any services, MOT, wear and tear will be covered within your maintenance contract.
Are there any advantages of having a business car lease?
Well for starters people always say that "the best impression is always the first impression". You may not think this is important when leasing a car but for business this can make a big difference. Although the idea of social classes are slowly blending over the years, it goes without saying that when you rock up in a fancy or expensive car to a business meeting people will picture you as person from a reliably wealthy background. From this an idea of "importance" can be clearly identified and can make a really strong impression. Other advantages are some that were mentioned previously, like the fact that when …