Structuring Business to get the Most Corporate Credit

By Susan Carter

As you begin a new business venture, you have probably already decided what kind of business you are going to run, and even what you are going to name it, but you still have one more important issue to decide. You need to know what type of business structure will be the easiest and most beneficial for your company. Have you heard of the terms LLC, C-Corp, and S-Corp? If your answer is yes, but you dont really understand the difference, then read on.

You can use a number of business structures when creating your company. Each one comes with different benefits and liabilities. Here's an overview:

1. What is a Sole Proprietorship? This is a one-person show where the individual person running the business keeps all the profits. However, they also carry all the responsibility and liability. This is definitely the least desirable form of business structure due to the huge personal risk thats involved for the individual business owner. 2. What is a Partnership? In this structure, two or more people are the owners. They usually put similar amounts of money and/or time into the business and are all responsible for running it. They also incur the debt for the business and can be held personally liable if it were to fail or be sued for the debts. 3. What is a Limited Partnership? In a limited partnership there are at least two partners involved, but they dont necessarily have the same level of responsibility - or authority. One or more of the partners will take part in decision making and the others are silent partners. 4. What is a Limited Liability Company (LLC)? This is the best and most flexible business structure and one of the easiest to set up. Its a good entity for both small and large businesses. It provides personal asset protection and offers an easy format for distribution of profits and losses. With this entity structure the liabilities of the company are only taken from business assets, not the personal assets of those who own the LLC. 5. What is a C-Corporation? There are two ways to file as a corporation: C-Corporation or S-Corporation. The C-Corp is the most structured, and rigid form and the business profits are taxed at both the corporate level and the stockholder level. In this entity, there is no limit to the number of stockholders. This structure is taxed as a separate entity, unlike the S-Corp. 6. What is an S-Corp? This is also a corporation, but its limited by the number of stockholders, which is a maximum of 75. One of the advantages of this type of business structure is that the profits are not double taxed like they are in a C-Corp. This structure is a flow through entity. This means the profits or losses flow through to the individual personal tax returns of the stockholders and are taxed on the individual tax returns.

Financial institutions generally view the corporation structures and limited liability company structures as higher rated businesses. By picking one of these for your business it shows them a more professional picture, and thus they are more likely to offer business credit or trade credit to your new company.

About the Author:

Learn more about how to set up your business structure correctly and learn the pros and cons of different types of entities. Learn the secrets of how to present your company as an established business so that you can get lines of credit from lending institutions and obtain vendor credit without risking your personal FICO scores.

Benefits of Buying a San Antonio Home

By Jin Kim

A lot of people when they are thinking of buying or selling a home will do so when spring comes around. However, if you are looking to buy a home whether it be in San Antonio or any other US city and looking for some great deals it is worth considering buying at the end of the year instead. There are various reasons for why you should be seriously considering buying a San Antonio home before the year ends.

Below we take a look at a few of the benefits that you can get if you choose to buy a San Antonio home at the end of the year rather than at the beginning.

Benefit 1 - If you are in a position where you can close the sale by the 31st December then when you next file your income tax return you can deduct the mortgage interest payments, the property taxes and points from the loan from it. Plus you have the chance to take away any interest costs associated with the home equity loan you have. This will mean in the early years of repaying the loan you will not pay so much interest on it.

Benefit 2 - People who have been trying to sell their homes will be more motivated to try and get the sale completed before year end as they will also benefit from tax savings. You may find that such people are going to be more willing to negotiate on the sale price with you in order to get their property sold. Currently because of the financial climate this is a buyer's market and you mind find getting your dream home has become somewhat easier.

Benefit 3 - If you are thinking of buying a new constructed home then yearend is a good time to do so as many builders will provide buyers with incentives to do so. They will often provide additional items in to the sale price to ensure that they complete the sale of the property before year end.

As you can see from above there are plenty of reasons why one should consider buying a San Antonio home or a home anywhere else for that matter at the end of the year. Certainly as the real estate market stands currently you could end up purchasing the home of your dreams for a lot less than you thought was possible.

About the Author:

When thinking about buying San Antonio Home, find benefits at San Antonio Home, and San Antonio Home

Things to consider before buying Nashville Home

By Alex Kim

When you begin looking to buy a new home the first thing you need to determine is just how much you can afford to spend. Certainly this is a factor that not only first time buyers of homes have to consider but also those who have brought and sold property before. It doesn't matter whether you are buying a Nashville home or a home in another US city you need to look realistically at just how much you can spend on a home.

There are a number of things which one has to take into consideration that will help you to then determine just how much you realistically can spend on the property you would like to buy. In this article we look at just what some of these considerations are.

1. The best way for you to determine just how much you can afford to spend on a home is by multiplying your annual income by 2.5. Although there are going to be certain other factors which could influence the final figure you arrive at but this acts as a good baseline, when you start your initial house search.

Also using this calculation you can identify more easily what you will be able to request when applying for a pre-approved loan. Certainly in the current financial market having your home loan pre-approved places you in a much stronger position with sellers.

2. Lenders don't only look at how much you earn when considering a home loan application but also how much the property is selling for. This way they can the look to see just how much you can afford to make in repayments to them each month. Mostly if you repayments work out to be around 25 to 33% of your gross monthly income then they are much more willing to provide you with the financing that you need. Anything over these percentages and the chances of your loan being approved is greatly reduced.

3. If you happen to have a good credit history then lenders are more willing to approve the loan you request. You need to be showing that you have the ability to meet the payments on any debts you currently have and that these do not go above 40% of what you earn annually.

Above we have looked at several factors that you need to be taking into consideration when trying to determine what you can afford to borrow in order to buy that Nashville home you always wanted. However there are numerous other factors which can affect just how much you can afford to borrow today when trying to buy a property. Interest rates along with the kinds of mortgages available are other things that you will need to take into consideration.

About the Author:

Before purchasing houses, review Nashville Home at Nashville Home, and Nashville Home

About The The History of Credit Cards

By Jason Asthworth

The concept of using a credit card came to be by Edward Bellamy in his 1887 novel Looking Backward. He wrote about a person having a credit card and making purchases such as we do today.

It was however, first used as a way of selling gas to an ever-increasing number of vehicle owners in the United States of America in the 1920s. These cards were initially known as charge cards and in time various companies allowed the use of different cards. In the early days it was quite easy to falsify a credit card, as a number of these cards were printed onto a type of card, and not plastic like they are today.

During the 1930s and 1940s another form of the credit card occurred. It was known as the Charga-Plate and was made of a fairly small piece of metal, which had the owners name, city of residence, and the state in which that person lived imprinted into it. It also contained a small piece of card for a signature. Only the large retailers made use of these, and they were only issued to their everyday clients. Most often, the Charga-Plates were kept at the store.

Diners club was founded by Ralph Schneider and Frank X. McNamara in 1950, and instead of using many cards people where allowed to use one card. This card had to be paid in full at the end of each month which is differnt from the modern credit card.

The next card to come along was Carte Blanche and then American Express in 1958. American Express led to the creation of a global credit card system. The Visa system also came into existence in 1958 via Bank of Americas Bank Americard. MasterCard came into the world in 1966 and it was first known as MasterCharge.

With development of high security and safety in banking system in the United States of America, the credit card market rose. Travellers gained benefits of being able to use credit cards safely and easily all over the world.

The U.K. was the first country to release the credit card in 1966. Other countries were not still agreed to it, as reliability and security of it was also in question and people also were giving their preferences to cash payments.

Embedded microchips are a recent technological advance that has helped reduce credit card fraud. Affinity cards that are connected to certain companies or groups are another new innovation.

The factors that influence higher credit are amount of money you make and your amount of credit card expenditures.

About the Author:

Jason Asthworth is the content syndicator for applyforvisacreditcardnow.com the leading resource credit cards and applying for a visa credit card.

No Fax Payday Loans-Could They Be Right For You?

By Jacob Williams

Conditions a great deal arise where you will have to pay an unexpected expense. It may be a medical emergency or even an unanticipated bill. If you do not have any savings for such an expense, then you will not have the money to pay it. This is one of the times when a payday loan would be useful to you. With a payday loan you can borrow up to fifteen hundred dollars, this loan is only available for a short period of time, ordinarily, until you receive your next paycheck.

In order to find a payday loan agency you merely need to search for one on the net. Make for sure to do your research in order to acquire the best deal feasible. Not all payday loans are the same. Some have higher interest rates then others. There are various time periods for repayment and also repayment methods. If you would rather not use the net to obtain a loan you can also find payday loan agencies in your area.

To qualify for a payday loan you will have to supply the loan company with information about your bank account, employment, income, and some identification. Another requirement is you must be over 18 years old. Once your loan is authorized, then it will be transferred in to your bank account within twenty-four to forty-eight hours, at the most.

In the past if you required money for an emergency you would have to fill out many forms and applications. Then you would have to get them verified before you could get a loan. Needless to say it could be frustrating to have to sit through that kind of process when dealing with a financial or medical emergency. Now you can apply for a no fax payday loan.

If you find yourself faced with an emergency and are in need of funds to cover the cost, a no fax payday loan is your best option. These payday loans are very easy and fast. All you need to do is look online for companies that provide no fax payday loans and fill out the application. No fax payday loans only require basic information, such as your name, address, bank information, and employer details. Many companies do not even require a credit check. This means even if you have a poor credit history or have been made bankrupt you can still get a no fax payday loan.

There are some drawbacks to no fax payday loans. You will have to pay the loan back with your next paycheck with the interest included. Due to the fact that you are getting out a short term loan it is crucial to go over all the terms before taking one out. Many think that this type of loan are traps set for working class borrowers. For this reason make for sure that you need the loan and are able to pay it back before taking out a payday loan.

About the Author:

Jacob Williams is a personal financial adviser, with 30 years of knowledge in the finance industry. For more Free information on Payday Loans try visiting Online Payday Loans or No Fax Payday Loans....