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Deadly Business Mistakes That Can Cost You A GREAT Deal Of Money! You've probably wished many times that you knew ahead of time how to avoid the mistakes that are going to cost you money. When it comes to your business, these can be so costly that you may lose thousands of dollars if you make them. My goal is to help you avoid some of the important ones so that you stay on the right track to making money, instead of losing money. Is Your Business Name Stupid – Or Perfect? This is one area of business where the saying “anything worth doing well - is worth doing right” is so true. You don’t want to start off on the wrong business foot with a name that just doesn’t make any sense even if it did seem like a good idea in the middle of a brainstorming session with your friends. Asset Protection Through an L.L.C. Introduction A Limited Liability Company is a legal business company that provides limited liabilities to their owners. A limited liability company (also known as LLC) is created when proper articles of organization (or the equivalent under the laws of a particular state) are filed with the proper state authority, and all fees are paid. An LLC is very similar in structure to a corporation, except that the liability of the owners is limited -- hence the name. An LLC is a combination of some “Bad Personal Credit” Destroys Business Dreams Have you or your family been stressed out because you lost your job and your personal credit has gone down the toilet? Have you made the decision to get back on your feet and start a home based business or a store front business? Business Credit Business credit is big business, and if you are a business owner you are a sitting duck for scams that can cost you a small fortune. Business credit is the solution to that problem; it is one of the things that helps make the working world turn. Business credit is needed for banks to make loans to businesses so they can continue to run on a daily basis. Business credit is an important building block for any small business. Two Deadly Business Mistakes Made by New Startup Businesses Have you wished that you knew the big mistakes of business before you made them? There are actually 10 huge business credit mistakes that are very costly. Let’s talk about two of them: Three Business Credit Mistakes Made by Startup Businesses You may have wished many times that you knew how to avoid the mistakes that were going to cost you money. You may have experienced frustration because you couldn’t get "business credit lines".