Gerri Detweiler

1 month ago | bakemag.com | Gerri Detweiler

When you quote a customer for a big order, you probably have a checklist of questions you like to ask:What’s their budget? Do they have a clear picture of what they want? Are their expectations realistic? The companies you do business with probably also have a way to screen businesses they work with. They may look at your experience and reputation, your capabilities, and if credit of any kind is involved, they probably check your business credit.

1 month ago | allbusiness.com | Gerri Detweiler

A business owner recently told me he had maxed out his personal credit cards to get his business off the ground, causing his personal credit scores to suffer. As a result, he's had trouble getting traditional financing, but he doesn’t regret it. “You do what you have to do,” he says. However, things would have been a lot easier for him if he had understood the benefits of using a business credit card from the very beginning. This person's story isn’t uncommon.

1 month ago | bakemag.com | Gerri Detweiler

Picture this: Your bakery's wholesale orders have doubled, and you need a new commercial mixer fast. And maybe you also need to expand to a larger space. Opportunities to grow can also feel daunting. How will you pay for them? Understanding business and personal credit, and leveraging them strategically to get financing, can be the key to turning these kinds of opportunities into reality.

2 months ago | bottomlineinc.com | Gerri Detweiler |Robert Michelin

You’ve probably seen the ads—debt-settlement companies promise to help people who are drowning in debt slash the amount they owe. These services can be a viable option for some debtors, but there are risks and downsides. And there are alternatives, such as debt consolidation and credit counseling.

2 months ago | signshop.com | Gerri Detweiler |Alex Marcheschi

Old habits die hard in business. But holding onto outdated financial practices can quietly drain your profits and hold back growth. Aaron Clippinger runs a sign company in San Diego with 30 employees. He also owns  SquareCoil, a software system that is designed to help other sign companies operate more profitably. By paying closer attention to his business finances, he made changes that made the company more profitable.