By creating a separate entity, incorporating a business can reduce your personal liability. There are three different types of incorporation: S-corporation, C-corporation, or LLC. Each of these...
DEFINITION Retail Banking is the everyday banking between customers and their banks. Retail banks offer basic banking services to consumers, such as checking accounts, savings account, and...
Some of these workers work full-time as freelancers, while others still hold down a regular 9-5 job but do side hustles during their spare time. People...
Standby letters of credit (SBLCs) are a way to add security and ensure payment for completed services or physical goods. A bank will guarantee payment to...
Microfinance, also known as “microcredit”, is a method of providing small business owners with capital. These small businesses and individuals often don’t have the traditional financial...
Lockbox Payments can help streamline your business’s way of accepting money from clients and allowing it to access the cash. A company creates a P.O. When a company...
There are many reasons why entrepreneurs pursue their dream of starting a profitable company. Some reasons are more appealing than others, while others are just plain...
You can build a business online from scratch . This includes defining your niche, creating a website, building a list of email subscribers and marketing to...