Small business owners frequently don’t know, or fail to practice, what management in large companies knows is essential-PLANNING. Woolsey pointed out at the hearing that one of the biggest issues surrounding the use of independent contractors is the lack of workers’ compensation insurance and employer-sponsored health insurance. Your name and logo are the representations of your business so they should be relevant, easy to remember, and will stick to the minds of your customers or clients.
Choose an area where your target market will most likely be at. Select a place that is safe and has a friendly ambience so that your business will have a good reputation. Sometimes having a great business idea isn’t enough to bring your dream into reality.
To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging. Sometimes just to talk out a problem with someone outside of the business or family, other times to get help understanding the options or discovering new ideas.
Older businesses are not as easily wooed away from their existing, established business practices. With a small business credit card, you donât have to buy all these things with cash. In the business world we speak of SMART goals: Specific, Measurable, Attainable, Realistic, and Timely (King,).
To date, 19 of the 20 (or 95 percent) participating community banks and 43 of the 46 CDLFs (or 93 percent) have increased their small business lending. Any usage over 35% of the credit limit can considered excessive; therefore keeping track of what you spend on credit card is good financial practice.