BizFilings proposes Women Entrepreneurs Attain funding from financial institutions, no credit cards
; overflow: hidden; color: # 999999; ?> Karen Kobelski, general manager of BizFilings
Madison, WI (NYSE) 30 August 2011
According to a recent survey by PNC Financial Services, are rapidly growing number of entrepreneurs, but also make risky decisions when financing their business. BizFilings, the leader in the online foundation suggests possible funding for entrepreneurs who put their businesses on the way to a successful financial future.
The PNC Financial Services
recent survey found that women entrepreneurs are increasingly turning to credit cards as a major source of financing for their company, with 59 percent of women with business credit cards to finance their businesses and 34 percent with personal credit cards. In addition, nearly half (44 percent) of women entrepreneurs rely on family or personal savings for business financing. While women entrepreneurs an average of 2.7 sources of financing for their businesses, only a quarter of women (26 percent) with a business loan from a financial institution to finance their small businesses. Relying on maps, rather than fixed-rate loans, companies with unexpected and expensive debt left.
women have led strong growth of 44 percent in the past ten years, this means more women entrepreneurs than ever before making financial decisions dangerous. With credit cards as a main source of funding does not have a negative downturn in the economy or a safety net for a possible crisis. Furthermore, if credit card payments are not made, the employer could drop the personal credit, and other future plans for the owners personal life can suffer as a mortgage or car loan.
While bank loans
a more stable and traditional financing sources, are less than male entrepreneurs, women entrepreneurs are small, a business loan. Although it may seem a daunting task, ask for a loan, the step that a company can integrate the loan approval process easier. The financial institutions are more loans to businesses, commitment and credibility make show ? and often with the involvement of a company provides that legitimacy.
order to find financial institutions that provide loans to small businesses, visit the Small Business Administration Web site (sba.gov). The SBA also offers specialized programs and help in promoting women entrepreneurs and small business support.
?Women entrepreneurs are rapidly growing and generally successful, but their increasing dependence on alternative sources of funding not a great long-term strategy,? said Karen Kobelski, a member of the leadership team at BizFilings. ?The integration, the credibility of your business and can also help your chances of getting a bank loan.?
Starting a small business comes with financial risks, but these risks must not cross into the entrepreneur?s personal or family life. The inclusion of a small company can also provide protection for a business personal property. If a company is incorporated, the entrepreneur is often not personally liable for the debts or liabilities of the company. This can establish an important legal distinction between the personal assets, such as a house, car or personal savings and business debt. In addition, integrating additional benefits for small businesses, such as increased tax expenditures.
more information about incorporating a company, go to BizFilings online learning center.
About BizFilings
BizFilings is a full-service, online integration service provider, offering small business owners a fast, easy and inexpensive way for a corporation, limited liability company (LLC) or other business structure to form online or by phone. BizFilings also offers a wide range of business-archiving and compliance products, including nationwide registered agent services, helping companies keep in compliance with state regulations. BizFilings is a part of Wolters Kluwer, http://www.wolterskluwer.com, a leading global information and publishing company. Wolters Kluwer, with 2010 annual revenues of ? 3.6 billion, employs approximately 19,000 people worldwide and maintains operations in over 40 countries in Europe, North America, Asia-Pacific and Latin America.
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Attachments
? Copyright 1997 -
, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
BizFilings proposes Women Entrepreneurs Attain funding from financial institutions, credit cards, business, http://www.prweb.com/releases/2011/8/prweb8753625.htm, recent survey results show that women entrepreneurs are more likely to make risky Choice and fund companies with credit, BizFilings proposes Women Entrepreneurs Attain funding from financial institutions, no credit cards
; overflow: hidden; color: # 999999; ?> Karen Kobelski, general manager of BizFilings
Madison, WI (NYSE) 30 August 2011
According to a recent survey by PNC Financial Services, are rapidly growing number of entrepreneurs, but also make risky decisions when financing their business. BizFilings, the leader in the online foundation suggests possible funding for entrepreneurs who put their businesses on the way to a successful financial future.
The PNC Financial Services
recent survey found that women entrepreneurs are increasingly turning to credit cards as a major source of financing for their company, with 59 percent of women with business credit cards to finance their businesses and 34 percent with personal credit cards. In addition, nearly half (44 percent) of women entrepreneurs rely on family or personal savings for business financing. While women entrepreneurs an average of 2.7 sources of financing for their businesses, only a quarter of women (26 percent) with a business loan from a financial institution to finance their small businesses. Relying on maps, rather than fixed-rate loans, companies with unexpected and expensive debt left.
women have led strong growth of 44 percent in the past ten years, this means more women entrepreneurs than ever before making financial decisions dangerous. With credit cards as a main source of funding does not have a negative downturn in the economy or a safety net for a possible crisis. Furthermore, if credit card payments are not made, the employer could drop the personal credit, and other future plans for the owners personal life can suffer as a mortgage or car loan.
While bank loans
a more stable and traditional financing sources, are less than male entrepreneurs, women entrepreneurs are small, a business loan. Although it may seem a daunting task, ask for a loan, the step that a company can integrate the loan approval process easier. The financial institutions are more loans to businesses, commitment and credibility make show ? and often with the involvement of a company provides that legitimacy.
order to find financial institutions that provide loans to small businesses, visit the Small Business Administration Web site (sba.gov). The SBA also offers specialized programs and help in promoting women entrepreneurs and small business support.
?Women entrepreneurs are rapidly growing and generally successful, but their increasing dependence on alternative sources of funding not a great long-term strategy,? said Karen Kobelski, a member of the leadership team at BizFilings. ?The integration, the credibility of your business and can also help your chances of getting a bank loan.?
Starting a small business comes with financial risks, but these risks must not cross into the entrepreneur?s personal or family life. The inclusion of a small company can also provide protection for a business personal property. If a company is incorporated, the entrepreneur is often not personally liable for the debts or liabilities of the company. This can establish an important legal distinction between the personal assets, such as a house, car or personal savings and business debt. In addition, integrating additional benefits for small businesses, such as increased tax expenditures.
more information about incorporating a company, go to BizFilings online learning center.
About BizFilings
BizFilings is a full-service, online integration service provider, offering small business owners a fast, easy and inexpensive way for a corporation, limited liability company (LLC) or other business structure to form online or by phone. BizFilings also offers a wide range of business-archiving and compliance products, including nationwide registered agent services, helping companies keep in compliance with state regulations. BizFilings is a part of Wolters Kluwer, http://www.wolterskluwer.com, a leading global information and publishing company. Wolters Kluwer, with 2010 annual revenues of ? 3.6 billion, employs approximately 19,000 people worldwide and maintains operations in over 40 countries in Europe, North America, Asia-Pacific and Latin America.
###
Attachments
? Copyright 1997 -
, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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