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Is Trying to Exceed Expectations Dangerous? • Financially Simple

Expectations are an important part of business. A CEO sets expectations for growth over time. Your sales department outlines product and service expectations for potential clients. But can expectations be harmful to your business? Inherently working to exceed expectations isn’t necessarily a bad thing. However, if you’re setting expectations too high and consistently underperforming, that

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Transition from Business Owner to Employee • Financially Simple

Making the transition from business owner to employee after selling your business is something that many entrepreneurs aren’t well prepared for. Friends, I’m not referring to those who’ve sold their companies and must now find a job. Instead, I’m talking about those who do as I recently did, selling their business and staying on as

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Factor Rate vs. Interest Rate

On the other hand, an interest rate is the cost of borrowing money as a percentage of the loan amount per year. It is usually expressed as an annual percentage rate (APR) and takes into account the duration of the loan. Interest rates for business loans are the percentage of the total loan amount that

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4 Ways to Share Them • Financially Simple

As a business owner, you’ve likely heard about creating company core values at least once. In fact, you’ve probably got a list of a few core values tucked away somewhere. But operating a values-based organization requires more than writing a few inspirational words and inserting them into your company handbook. In this entry, I’m discussing

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