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to get more money.

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Okey Veum

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3y ago

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Why did business owners in the north begin to build factories?

to get more money.


How do you get financing for a ranch?

If you are like most small business owners, you want to build business credit for your company and get small business loans when you need them. To build business credit means less risk for you as the owner of the business. There is effort involved when you decide to build business credit. Start taking the steps to build business credit from the get-go. This way, you won't find yourself without a strong business credit profile even if your business is thriving. There is a lot of hype regarding the need to build business credit that says personal credit does not matter. It's true that when you build business credit, you separate your business credit from your personal credit, but it does help to have strong personal credit as well. The more solid you are on your feet with personal credit, the more effective you will be when you build business credit. Credit protection laws vary between personal and business credit, so it's important to understand the differences when you begin to build business credit. A good rule of thumb to follow is simply this - repair your personal credit along with the efforts you are making to build business credit. As you begin to build business credit, set up your business structure properly with the state and get all the necessary licensing. When you build business credit you will need a business phone listed in the telephone directory under the business name. Buying products or services from companies that report your payment history to Dunn & Bradstreet and Experian will help you build business credit. Don't be discouraged by the best business credit score being reserved for the "big guys" when you build business credit. Maintain your focus and you will build business credit that has enough impact to catch the interest of private commercial lenders. Beware of loan fraud when you build business credit - a legitimate underwriter will not charge you a fee upfront to connect you with a business loan lender. There may be fees for other services involved when you build business credit, but not for that. Good business credit cannot be "bought."


Who allowed manufacturers build their factories away from the rivers?

The invention of steam engines to drive factory machinery allowed manufacturers to build factories away from running water.


Why was New England a suitable region for textile factories?

the land was smooth, so it would be easier to build factories.


Why would manufacturers build their factories away from rivers?

Electricity


How many factories have been built in China since 2000?

400 factories have been build in China since 2000


What allows manufacturers to build their factories away from rivers?

Invention of the steam engine allowed manufacturers to build their factories away from rivers.


What money needed to build factories or other productive outlets?

Capital


Why did Italian and greek manufactures build factories in Albania?

Natural Resources


What allowed most manufacturers to build their factories away from rivers?

Electricity


Why was power important?

Allowed manufacturers to build factories almost anywhere.


What are the differences between S corp dividends and salary in terms of tax implications and financial benefits for business owners?

S corp dividends are taxed at a lower rate than salaries, which can result in tax savings for business owners. However, salaries are considered a business expense and can be deducted from the company's taxable income, reducing overall tax liability. Additionally, receiving a salary can help business owners build a consistent income stream and contribute to Social Security and Medicare benefits.