If you’re an entrepreneur seeking a small business loan, there is more you need to know and do beyond merely applying for credit. For starters, says Cincinnati lawyer Paul Sian, “you should be able to prove the income your company earns. You might receive cash payments (for some goods or services) but those should be factored in to show your company’s real income.” Read more...

Successful Businesses aren’t created over night. They take time, capital, commitment, business plans, and more business plans. And even then, it’s not guaranteed. But even after the details are implemented and the business opened; even after the permits are signed and the rent is paid, there still takes a lot of planning to make sure that the business is prosperous. With all the time you put into running your business, you may forget all about the finances that are associated with your company, and it eventually falls to the wayside. Read more...