Cash is DEAD !!!

Once more for the guys in the back -  "Credit is king and cash is dead"

 People started claiming cash was dying back around 2009, but it was already dead. Why? Cash is a depreciating asset. Every second it is sitting around not being used as losing its value. 

 Much like a car loses 10-20% of it's worth the second you leave the lot. You would not make a poor investment choice buying a car out right, you'd finance it.

 So why are you trying to run a business from cash and limiting your means?

 One thing financial professionals agree on (despite the equity investors Vs debt financers) constant block is the fact that cash is pretty much worthless these days. That's why we must deploy it. Invest in our businesses, resources, Intellect, objective, teams, into things which grow with a measurable return instead of bleeding out dry. So, the more access to credit you have the easier is to acquire capex.

 And guess what? The more capital you have access to the faster and further you can grow your business. The less limited your options are.

 The greatest moment to start is right now . Think about getting started on your business credit profile today so business can help you open doors to new heights of probability within your organization!


Think tank -

Strong business credit can help you grow your business. Many banks, investors, and companies rely on your business creditworthiness when setting loan terms, investment decisions, determining insurance premiums, increasing lines of credit, or considering you as a viable partner.

According to the SBA report, insufficient or delayed financing is the second most common reason for business failure. Because anyone can view your business credit status—it’s not confidential—it’s important to establish business credit from the start receive better interest rates, loan terms, and negotiation leverage on payment periods with suppliers.

 As a small business owner, separating personal credit and business credit is also important. Think of your business credit as a wall dividing your business decisions from your personal credit history. Rather than being linked to your name and personal details, business credit is linked to your business entity and separate Tax ID number.

 This separation can remove potential funding obstacles that could prevent your business from growing. Likewise, it limits your personal liability while running a company—in the event your business went under, your personal credit would be protected.
   
                                                                                                                                                                                                                               Ravi Kumar

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