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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.

355 Questions

Importance of research and development in organizations?

research and development is the way to change and a path to development. it increases the efficiency in the organization by finding different efficient and effective means of working. R&D is the source of information and it updated the organization data and insist the organization to fell change in environment. it tell the organization about changing in the preferences and taste of customers. R&D demonstrate the need of consumers and customers for particular product.

Full form of b p l?

The full form of BPL is Below Poverty Line

For more Visit : fullformdunia(.com)

In what ways have computers helped businesses involved in sales and retailing?

Computers have allowed managers to get a better understanding of what sales and promotions customers like. With this knowledge, managers can better meet their customer's needs.

How does new debt effect leverage?

Leverage ratio (debt to equity ratio) is calculated by dividing a company's total debt by the company's total shareholder equity. Therefore, any new debt will raise the leverage ratio (and the risk to the bank). Example: Company has $1,000,000 in Total Assets; $400,000 in debt; $100,000 in other liabilities; and $500,000 in Equity. The company's beginning leverage ratio is 0.8 ($400,000/$500,000). Now, assume the company borrowers $250,000 to purchase additional equipment. The business would then have $1,250,000 in Total Assets; $650,000 in debt; $100,000 in other liabilities; and $500,000 Equity. The company's new leverage ratio would be 1.3 ($650,000/$500,000).

What is a sale production?

Sales in production refers to the products, merchandise or services sold by the business to paying customers. All business processes rely on each other.

How to deal with a work colleague who is a pathological liar?

You have 3 ways to deal with this colleague:

1- Ignore him/ her

2- Act that you believe every thing he/ she saying

3- Advice your colleague to go for a doctor

AnswerIgnore them, play along, (ask more details until they can't fabricate more story), or just straight up tell them, "you're a liar"

What are unit sales?

Unit sales is simply the number of units that a business sold in a given period for time. Assume a business sells widget A for $10 each and widget B for $5 each. Monthly sales volume may be $1,000. However, unit sales information will let the company know which widgets are selling. Did the company sell 100 A widgets and no B widgets? Did the company sell 50 A widgets and 100 B widgets? The unit sells will answer that question.

How do you get business lines of credit?

You can get a business line of credit by going to the bank and applying for a line of credit. You can also get a line of credit by going to a finance company.

How can a Business Credit Card simplified bookkeeping?

Business Credit Cards makes bookkeeping tasks a lot easier to handle because of the updated report of account monthly and annually receives by the account holder. All spendings are included in the account report thus, it can be easily track the transactions.

How do you establish business credit for a new business?

There is one company I know of, it's called the Business Finance store. You can contact them. The service is Outstanding! See for yourself start the way I did [copy & paste this link to your browser] : http://24HOURAPPROVALS.COM/3197

Implications of extending more liberal credit terms to customers?

implications of extending more liberalcredit terms to customersspecially consider the actual cost of retaining customers when all that many

... and compare this with the huge costs of acquiring a new customer. ....

Management; Employees; Existing customers; Potential customers ... Dealing with

emotional people, and solving problems with significant emotional implications,

Does a business credit card help your credit?

A business credit card will not (in 90% of the times) help your credit. It does not even show up on your personal credit unless it goes bad(you default). All you will see is the inquiry from the bank when applying..

learn more at www.mybusinesscreditblog.com

What are the advantages do young entrepreneurs have when launching a business?

Young entrepreneurs think creatively, which is good for them when they decide to launch a business. They also find solutions for traditional business constraints, which helps them run a successful business.

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.

Where can you get a business credit card for a starting business?

I've added the links for the 4 main credit card companies business card options, however many banks will also offer credit cards that are associated with your business accounts. Capital One offers some nice options for Visa Business Cards.

Can a business keep credit cards on file?

Yes. Many businesses, especially mail-order companies, will keep your credit card info to speed future purchases.

Where to get a secured business credit card?

In order to get a business credit card with no PG you will need to have a strong business credit score. That is the first step.

Would your spouse be responsible for your business credit card debt if you were to die if she is not an account holder?

Your estate is responsible for your debts. If the business is owned by the deceased, the business is responsible. A spouse is not responsible, but the amount they inherit will be affected by the debts.