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Business Credit

Business credit is based on a business’ capacity to pay back debt. A business proves this capacity through its payment history. Business credit can be used to obtain everything from office furniture to employees’ uniforms.

1,019 Questions
Business & Finance
Mathematical Finance
Business Credit
Online Merchant Accounts

What are the differences between traditional budgeting system and zero based budgeting system?

The Traditional Budgeting refers to a list of all planned expenses and revenues. It focuses on what the managers tend to spend rather on what resources they need. It fails to identify wastes, incoming workloads and cost drivers; it does not support continuous improvement and appears to have general lack of ownership and buy - in. Critics also found out that it is very time consuming for the benefits to be achieve. Therefore, traditional budgeting practices doesn't appear to be connected to the over all organizational strategy. Another major flaw of it is that it assumes that the current year's expenditure level is justifiable although it may not be true because it may be high or low. While in Zero Based Budgeting it is always assumes that the expenditures is always based on zero. It aims to achieve an optimal allocation of resources that incremental and other budgeting systems cannot achieve. Zero Based Budgeting provides an efficient allocation of resources, as it based on the needs and benefits. It also identifies and eliminates wastage and obsolete operations, increases staff motivation as well as the communication and coordination within the organization, detects inflated subjects and drives managers to find out cost effective ways to improve operations. But despite of all the benefits of it, there are also criticisms and drawback against it such as it may lead to micro management, it involves a huge amount of money and it may lead to a material shift in the use of resources.

171819
Investing and Financial Markets
Immigration
Business Credit

What are the reasons for failure of expatriate managers?

When managers take expatriates assignments abroad, they expect employees to understand the manager's culture. Sometimes, it's not as easy as it seems. Employees have their own way of working, dealing with management. In some countries, it's very important to get into the personal level with your employees, in some others it's not possible. On the other hand, managers might find it hard to adapt to the new culture. As a matter of fact, there are many websites that help expatriates cope with the new culture the expatriate starts her life in. I specifically found an interesting website that connects expatriates in the world: (http://www.linkexpats.com). I heard of people using its connecting services, and some other who even met others of the same culture. Another website I found, however was not to the level I was expecting, is expatriates.com

333435
Parenting and Children
Mental Health
Seroquel
Business Credit

How do you deal with an adult child who is a pathological liar?

You deal with the child in any way that works for you. Usually this involves setting boundaries as to how much you will help them, whether with housing or money or otherwise. Above all, you cannot risk your wellbeing doing things that the other person can do for themselves. Despite hard luck stories, people search for the easiest way to obtain what they want and need and you don't need to be their "go-to" person. However, you can still love the child, offer them time and emotional encouragement while keeping your distance. Find a good friend or therapist who will help keep you on track with the dilemmas I am sure the child presents.

232425
Debt and Bankruptcy
Small Business and Entrepreneurship
Small Business Loans
Business and Industry
Business Finance
Business Credit

If you had a Chapter 7 bankruptcy in 2003 would your personal credit score and business credit score be separate so that you could obtain funding to open a small business?

A Chapter 7 BK is very tough to see past. Short of waiting the required time period you may work on your business credit separately.

313233
Personal Finance
Loans
Money Management
Business Credit

What is a Loan to the Government?

a bond

293031
Credit Reports
Credit
Business Credit

How can you stop business you have credit from that are pulling credit checks on you every month?

You have few options to stop this practice. Businesses with whom you have a current account have a "permissable purpose" as defined by the Fair Credit Reporting Act to access your credit report. This is, in fact, standard operating procedure in the financial world. I suppose if you closed the account and revoked all their rights (by some means), you could, in theory, stop them.

293031
Companies
Business Credit

How can multinational companies become more sustainable?

I want to know that too, are you soing GCSE geography be any chance?

272829
History, Politics & Society
Word Games
Business Credit

What is the practice of buying property on a gamble that it may be resold for a profit called?

what is the practice of buying property on a gamble that it may be resold for a profit speculation

272829
Business Accounting and Bookkeeping
Business Finance
Business Credit

What has definite ratio of components?

131415
Credit and Debit Cards
Business Law
Credit
Business Credit

Does surviving spouse have to pay line of credit from husband's business?

If a surviving spouse inherited the husbands's business, then the debits come with it. That's a general answer, but it has a solid basis in law. A strong suggestion in situations like this is to trade places with the other party. In this case, it's the institution extending the line of credit. Let's switch out and see what happens. You extend a line of credit to someone. They pass on and their spouse takes over the business. It's unfortunate for those parties, but you do not give up your expectation that you will be repaid for extending the line of credit. Why would you? You still have an outstanding collectable account. You are fairly owed the money. Nothing from your point has changed. Neither has it from the institution extending the line of credit to your late spouse's business. State laws vary as regards the transfer of assets, but the general answer remains the same. With the assets come the debits. Take all of the balance sheet (both the black and red ink) or take none. If time will help with working things out, write and ask for it explaining the circumstances. How much better a reason than the one cited for needing an extension to balance the books? Get help if you need it. Ask around among friends or other family for a referral. Some accounting firms do pro bono work, and not just attorneys. The more time that slips by without any action, the more difficult a less-than-ideal situation becomes. Most sincere condolences. And very best of luck sorting things out.

252627
Credit and Debit Cards
Business Law
Credit
Business Finance
Business Credit

Does having an automated teller machine affects the business credit card processing?

Having an automated teller machines really affects the business credit card processing,because through ATM people will just withdraw an amount to pay directly what they got and they have a control everytime they want to buy something because they know that they will pay it with cash and not to be charge in credit cards.Finally, improper use of credit cards can be a big risk.

242526
US Civil War
Business Credit

Who are greenbacks?

They were also known as the Independent Party, the National Party, and the Greenback-Labor Party. They started in 1874 and were defunct by 1884. Their name was in reference to the use of paper money ("greenbacks") that had been issued during the American Civil War and afterward. They were against shifting from paper money back to a specie-based monetary system. They felt that private banks and corporations would then reacquire the power to control costs and labor. They felt that government control of the monetary system would allow it to keep more currency in circulation because that method had worked during the Civil War. Founders were mainly the farmers who were financially hurt by the Panic of 1873.The Greenback Party was founded in Indianapolis, Indiana. In 1878, it was a huge force in 21 independents being elected to Congress. In 1880, the Greenback Party also advocated an income tax, an eight hour day, and women's suffrage.

242526
Business Credit
English Language

What is an example of constructive criticism?

Having a friend telling you that you did a math problem wrong and the math you did is the reason you got a different answer from the group.

151617
Economics
Investing and Financial Markets
Business Credit

Role of finance in an economy?

Finance is critical to the economy in that money is needed for business to function in society. For example, a person deposits money into a financial institution, which then lends money out to a small business. That small business sells a product that is needed by the person, so they buy it and the business pays back the loan given from the financial institution.

232425
Credit Reports
Small Business and Entrepreneurship
Business and Industry
Business Finance
Business Credit

Where do you go to register your small business with the credit bureau to start establishing business credit?

434445
Credit and Debit Cards
Credit
Business Finance
Business Credit

Business Credit card applications with no pg?

mastercard coporate fleet card from race trac!!!

212223
Business & Finance
Jobs & Education
Business Finance
Business Credit

Can you write off business credit card if you are out of business?

only if your are writing it off in the same year you went out of business, if not you should have already written it off.

212223
Business & Finance
Credit Reports
Business Credit

How important is credit score in qualifying for a business loan?

Credit score is just one of the factors that the lenders examine once they work with business owners. In case your credit score isn’t good or damaged, your lender can work to locate strengths to your business or finances to make the business loanpossible.

012
Business Finance
Business Credit
Capital Equipment Leasing
Cucumbers

What are the advantages and disadvantages of cucumber?

impotent

151617
Business Credit
Public Relations

Is it better being a leader than a follower?

For my opoinion, being a member is better than being a leader for these reason

-leader needs lots of skills and quality in order to lead the group with good leadership.

-leaders usually must do the hardest work in the group.

-leaders must do everything correct and planed in order to make no mistakes. If the leader makes a small mistake, the whole group might lapse with the leader because the group depends on the leader.

151617
Business Credit

What is cheque discounting?

Client can take money from bank on the security of post dated cheques issued by their credit worthy customers. The bank in this case is certain that they will get the payment of this cheque on the due date from the customer of the client. Normally the cheques should not be dated for date which is later than 90 days from the date of discounting.

151617
Personal Finance
Investing and Financial Markets
Loans
Money Management
Business Credit

What are the two approaches used by the world bank in assessing the impact of programs and application for development loans?

Despite their lofty proclaimations about reducing poverty,the purpose of world bank "loans" are twofold- to place that country into perpetual debt,and to give corporations access to resources. The loans end up in the pockets of corrupt leaders. They are always given under two conditions- Cut wages and spending on social services,(on an already impoverished population) and privatise essensial services like water and electricity.This is what they call "strutural adjustment programs", and history shows that it always harms the majority, enriches a small clique, degrades the environment and promotes social unrest. While Chile suffered this way under the murderous Pinochet, the world bank called it an "economic miracle", and Indonesia under Suharto was praised for its "political stability", a codename that means "freedom for corporations to do whatever they like" In Bolivia, Bechtel corporation,under the instructions of the IMF and the world bank, privatised the water supply and demanded 25% of their megre income for the privelige. They took it a step further, and unbelieveably, they outlawed the collecting of rainwater. The country exploded into riots, and Bechtel packed up and left.(good riddence) The world bank and the IMF were formed after WW2 for the right reasons, to redistribute money and help war torn countries re-build their infrastructures and economies. During the post-war period they have morphed into a committee of multinational corporations whose only agenda is profit.

192021
Law & Legal Issues
Civil Process
Business Credit

Example of a civil lawsuit respond letter?

If you have been served with a civil lawsuit, you will need to file a pleading called an Answer, where you answer each individual allegation, plead any affirmative defenses, and assert any counterclaims. A letter is not sufficient, and will not avoid a default judgment.

131415
Business & Finance
Stock Market
Business Credit
Stocks

What is a stock broker?

In the US a stock broker is actually a salesperson who works for a company that buys and sells financial securities in stock and bond markets. Other financial instruments can be options or commodity futures. The job of a stock broker in the US is to give advice to clients that wish to participate in the financial markets. The salesperson makes money by earning a fee from his company with each trade his or her client makes. The term "broker" is misleading in that the actual buying and selling of stocks for example, are done by traders on the floors of various stock markets.

192021
Job Training and Career Qualifications
Stock Market
Business Credit

What qualifications do you need to become a stock broker?

In order to become a stock broker you just have to sign a sub broker agreement with the main broker. Currently in INDIA the Arihant Capital Markets Ltd. is providing the sub brokership. You have to deposit a nominal amount as a security deposit with the company and you can start your own trading terminal. v i z h e a d @ g m a i l . c o m

192021

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