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Tag Archives: business-credit

I Bought a Small Business. How Do I Get a Business Credit Card? – Eve

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“Dear Steve, I recently bought a small business that my father established before his death about a year ago. The business consists of intellectual property (music he composed, books he wrote, a piano teaching method, and audio CD’s to accompany same) created and marketed solely by my father. For the past year since my father’s death, my brother has “unofficially” ... Read More »

Tax Club Nailed by Federal Trade Commission

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The Federal Trade Commission and the New York and Florida Attorneys General charged The Tax Club’s telemarketing operation with deceiving consumers who mistakenly believed its services would help their home-based business succeed. The agencies seek to end the allegedly illegal practices as part of their continuing efforts to stop scams that target financially strapped consumers. At their request, a federal ... Read More »

The Bank Converted the Business Line of Credit to a Loan and Want More From Us. – Lisa

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“Dear Michael, My husband and I lived comfortably and had a good run for the first 10 years of our 22 years of marriage. However, we helped others a little too much and then we ran into some issues when my husband lost his job and we were forced to open up his side business full time. During that time ... Read More »

Be Careful if You Use Your Personal Credit Card for Business Purchases

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Now that the new CARD Act (Credit Card Accountability, Responsibility and Disclosure Act) has been implemented to prevent unfair interest rate hikes and protect consumers there is a big loophole if you use your personal credit card for business purchases. The problem is that the CARD Act does not apply for business or corporate credit cards or cards used as ... Read More »

My New Site to Help Small Business Owners

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I just started a new blog to help small business owners. Helping businesses is a hobby of mine and something I consider to be fun and invigorating. The goal of the site will be two-fold. First, I want to help new business owners with dreams to get off on the right foot. But second, I want to give advice to ... Read More »

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