Basic Bookkeeping, Bookkeeping Basics

Posted by | Bookkeeping | Monday 31 August 2009 10:20 pm

Basic bookkeeping is about obtaining, organizing and filing financial papers so you can quickly administer them and extract valuable information from your accounting software

Working Capital Management,

Posted by | Business Credit Lines | Monday 31 August 2009 10:20 pm

Working Capital Management is the best way to optimize the amount of cash you need to operate your business, and hence reduce working capital financing costs. Here’s how..

Nevada Aged Shelf Corporations

Posted by | Aged Corporation | Monday 31 August 2009 9:29 pm
www.worldwidecreditandfinancial.com If your company needs some credibility to get money to grow or to land a big client. A Nevada Shelf Corporation is the Answer for you. All of our shelf corporations are formed in Nevada.
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How to Build Business Credit

Posted by | Business Credit Lines | Monday 31 August 2009 9:29 pm
Expert tips proven to build business credit or corporate credit quickly and without personal risk. 1-800-COMPANY CEO and author of the book "How to Build Your Financial Castle", Kevin Wessell, explains how businesspeople can form their own corporation or LLC and build business credit quickly without personal risk and regardless of their personal credit history. This includes bank lines of credit and business credit cards. For a free consultation, call 1-800-COMPANY (800-266-7269). You can …
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People & Blogs

Asset Protection Trust – Offshore – Cook Islands – World’s Strongest Legal Fortress

Posted by | Offshore | Friday 28 August 2009 9:29 pm
Asset protection trust in the Cook Islands. How this unique trust protects assets from frivolous litigation.
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Education

Double Entry Bookkeeping, Accounting Double Entry

Posted by | Bookkeeping | Thursday 27 August 2009 10:20 pm

Double entry bookkeeping is the term used to describe how businesses record a transaction in the financial books or accounts. The concept is based upon the fact that there are two sides to every story

Pat Gage – What Banks Want For Business Credit Lines.

Posted by | Aged Corporation | Tuesday 25 August 2009 9:29 pm
I have created a system for establishing business credit and raising unlimited capital for any business. Visit www.10stepstomoney.com for more details.
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Start Up Funding?

Posted by | Business Credit Lines | Tuesday 25 August 2009 2:47 pm

How can i find funding for my business? I have bad credit but I have a co-signer. My business would be the first in my state.

Property Management Funding/Angel Investor – Busness Credit

Posted by | Business Credit Lines | Friday 21 August 2009 1:55 pm

First off I wan to thank all of you this forum has been a great help thus far. Here is my questions I currently own a small property management company. I am also looking into a few property management franchises. Anyone have any ex experiences that would help my decession on if its worth it to franchise? Also problem with that is the 50-100k investment to start. I have with the advice of this forum looked into angel investors which I didnt really have much luck finding the right place to find one. I have also spoke with about 15 different business credit building company’s out there, While all promise the world have any of you had one that worked. Also one that wasnt 10-30k up front. I have set up my D&B duns number experian small business credit profile. I also updated my website established a LLC opposed to a DBA and also got my EIN number. All my wireless account and business phone accounts are set up threw PHP. I am currently working on my formal business plan which shows a substantial ROI. With in the 1st year of funding I will have a ROI of 250k to 500k. Thats going off 80% of plan. I also sat down with my local score advisor. And while they had some good advice I don’t feel like I was told anything I didn’t know. They were great and provide a great service but the mentor I met with didnt know much about my needs. I have another appointment with another score mentor on the 27th. Score is great I just need to find the right mentor that understands the market I am in and my needs. So when it all boils down to it what can I be doing different what can I try. And what ave do you guys feel would be good to look into a angel investor or the best business credit building company that wouldnt just take me money and run. I have looked into SBA and at this point that looks to be the best option. I know if given the proper funding this is a very profitable venture. I have been able to prove that with no marketing or capital just what’s free and at my despoil Please let me know what I could do differently. The following is a little about my company and myself.

PHP Management,LLC DBA Pro Property Management
PPM has been in business since July of 2004 But PHP, LLC only since this month
Personal Credit is average or below for that matter
I currently just doing this on the side with no money just business realasonships am managing 9 Property’s
I have a accountant and lawyer but not very happy with my business lawyer. He really does help much
I currently threw just referrals and no marketing budget am presented with 5-10 investors per month. And 5-10 property’s at well below market value somewhere around 50% most times.
But without funding I am a small man in a big mans world
I made 80k after all my write offs last year. My 1099 showed 167K
I have been in the Mortgage/Property Management for 6 years now. And threw networking and as many online courses that I can get my hands on have been able to do ok for myself I just know I could do so much more with the right backing.
All my business accounts are recently set up though BOA small business
I would love any help possable and am open to different ideas
I have resourses to mortgage brokers title company’s realtors property investors and quite a bit pre forclosures that I get before they hit the list.

Business Credit profile
Experian business report has been on file since july 2004 but no tradelines
D&B duns fresh and new
LLC formed and filed
Business phone published
Home Office but I am going to lease a small office shortly.
Only 2 small net 30 tradelines. That soon will be reporting
EIN number is only from time that the LLC was formed.

I hope this helps I am trying to give as much info as I can think off the top of my head. Thanks in advance for any help or advice..

Getting a loan for an LLC and building corporate credit

Posted by | Corporate Credit | Friday 21 August 2009 9:58 am
Originally posted by “REI”
Originally posted by “moneybully”

My first tip is to forget what anyone has said about registering corps in states that aren’t your own…you still have to pay taxes wherever you register

Many gurus do seem to forget this point when they talk about where to set up an LLC.

John Corey

Now how about if you set up your LLC or Corp in a state that has no state tax. What if you were to set up a business bank account in that state, then have your monies sent to that account and deposited. You now can access this money, w/o the state tax. Is this a plausible scenario??

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