Scroll Down

Articles on Uncategorized

Personal Credit vs. Business Credit: What’s the Difference?

Your personal credit score and business credit score are two separate but related numbers that tell lenders how creditworthy you, or your business, are. On the surface, the difference between the two scores is clear: One relates to your personal financial history, and the other to your business’s financial history. But because credit bureaus use Read more >

Understanding the Terms of Your Business’ First Office Lease

Your first office lease represents an important step for your growing business. It marks a significant milestone you should celebrate, a culmination of the hours you’ve spent hard at work. You’ve shown a commitment to your ideas, a dedication to your employees, and now, your time and effort have paid off. That said, a commercial Read more >

5 WAYS TO USE YOUR TAX REFUND TO GROW YOUR BUSINESS

Tax season means that if you haven’t filed yet, it’s time to get to it and calculate your potential refund from the IRS. If you have already filed and are awaiting said refund, you’re probably spending some time dreaming about the things you could do with it.   Sure, you can take a vacation, put money into Read more >

When Does My Small Business Need an Office?

With more and more people working remote, it’s worth asking whether or not your small business even needs an office, and if it does then when is the best time to invest? While no one can tell you exactly when you need to invest in office space for your small business, below is a short Read more >

Small Business Financing: 5 Reasons You Need a Backup Plan

When starting or running a small business, one of the biggest issues that business owners run into is a lack of capital. Sudden unexpected expenses are common and can unfortunately sink a business within a few months.   In order to survive long-term, small businesses should always have access to some sort of financing or Read more >

How to Plan Your Retirement On the Go

It’s common knowledge that you should start planning for retirement early. Staying on track requires learning how to carve out savings and knowing how to manage it all to make sure you have enough when the time comes. Whether you’re in the early stages of the planning process or you’re further down the line and Read more >

7 Simple Tips to Manage Irregular Income

“My paycheck is unpredictable.” It’s the underlying challenge every freelancer, independent contractor, salesperson, solopreneur and business owner faces. While this factor alone scares many people away from pursuing their entrepreneurial aspirations, it is nothing to fear when you are prepared to manage the potential pitfalls of irregular income. In fact, it can be a powerful Read more >

Business Loan vs. Line of Credit: What’s the Difference?

Positive cash flow or working capital as its often referred to is one of the most common challenges business owners face. Whether for payroll, inventory, equipment or any other expense, having extra funds on hand can go a long way toward keeping your company running smoothly. Not only that, it can also help you make Read more >

How 4 Entrepreneurs Used Credit Cards to Open Shop

Starting a business with credit cards might sound like a recipe for financial disaster. After all, credit cards are often associated with debt, interest and fees. But they are also increasingly the financing option of choice for entrepreneurs, who cite the ability to earn cash back and rewards, the ease of getting approved and the built-in Read more >

4 THINGS SMALL BUSINESS OWNERS SHOULD DO BEFORE FISCAL YEAR END

It might seem like the year’s just getting started, but it’s time to start thinking about the end, fiscally speaking, if you’re a small business owner. Most companies follow the general calendar and use December 31 to mark the end of a fiscal year. But many small businesses – plus nearly 25% of the S&P Read more >

Who is the NFCC?

We are the National Foundation for Credit Counseling (NFCC). Founded in 1951, the NFCC is the nation’s first and largest nonprofit dedicated to improving people’s financial well-being.

NFCC members help millions of consumers like you through community-based offices serving all 50 states and Puerto Rico. Each NFCC member agency has earned our seal by adhering to high standards and ethical practices designed to help you achieve financial stability.

For more on the NFCC, visit www.NFCC.org

THANK YOU TO OUR EXCLUSIVE SUPPORTERS

Thank you to TD Bank, America’s Most Convenient Bank® and The TD Charitable Foundation, the charitable giving arm of TD Bank, for their exclusive support and commitment to NFCC’s small business owner financial coaching and education program.