The problem of small business owners needing financing is partially fixable through these basic strategies that nobody is talking about. Industry veteran Rieva Lesonsky deals with this issue head-on in this white paper and quotes Hawkeye Management CEO Tom Gazaway extensively on this important subject that has ripple effects throughout the small business credit & lending space!
Blackwood, NJ (PRWEB) October 24, 2012
Well known and highly respected small business expert Rieva Lesonsky, the CEO of GrowBiz Media, has recently published an industry white paper entitled, The Silent Credit Killer, The 4 Biggest Credit Mistakes small business owners are making (& how to fix them).
In a well outlined report, Lesonsky systematically explains the situation, dials in on the problem, shows us the solution, and then paints a picture of the result that small business owners would experience if they simply begin to treat their credit right and begin to appreciate the right ways to use credit cards as they grow their businesses.
A 2010 Keybridge Research study showed us the importance of business credit card usage and found that for each $1,000 in credit card usage there was a corresponding $5,500 in additional annual revenue for that business. Since statistics show that nearly 4 out of 5 small business owners use credit cards, Lesonsky chooses not to fight the inevitable but, instead, to focus on helping small business owners know that they can use credit cards effectively but they need to learn how to separate their personal & business credit in order to protect & preserve their credit as they build their businesses.
Lesonsky calls on Hawkeye Management CEO Tom Gazaway for his expertise on this subject. He is quoted often about the importance of small business owners borrowing money the right way and using credit cards properly. Hawkeye Management specializes in unsecured working capital solutions and offer a complete array of small business loans for small business owners.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/10/prweb10040296.htm
This article (The Silent Credit Killer – the Issue Nobody is Talking About that is Keeping Small Business Owners from Getting their Financing!) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
