One of the facts about corporate finance is that borrowing money is necessary. Any business needs to be able to borrow money in order to keep up a cash flow that provides smoothness in operations. However, business loans are decreasing as banks worry about the viability of businesses and the likelihood that they will be repaid. Here are some things that lenders consider before giving you a loan:

Business credit: Yes, you have to have business credit to get a loan. You can build credit with a business credit card that you pay regularly, or by paying off smaller loans you …read more

If you have wealth, you want to protect it. And even help it grow further. If you are looking for a book to help you do those things, you might consider Wealth: Grow It, Protect It, Spend It and Share It by Stuart Lucas. Now, this book was published in 2006, and it is aimed at high net worth individuals. The idea is to grow your wealth so that you can enjoy it now, share it with others, and pass it along to your children (and hopefully set something up so that your grandchildren get a piece as well).
Wealth is …read more

How does your net worth measure up?

Yielding Wealth, a b5 blog, pointed to a blog that’s new to me called The Simple Dollar; the article in question is: From Budgeting to the Net Worth Mentality
This is an excellent article and if you’re at all like me, you’ll probably learn something. The idea of moving from budgeting or spending plans to thinking about growing my net worth is a new one to me, but I like it! Growing my net worth is such an expansive way of thinking about my earning and spending.
I’m looking forward to spending more time with The Simple Dollar – you might want …read more