05/18/2026
Credit Stars:💫
Credit Tip awareness of the day.
Having just cash with no debit cards or credits cards will only get you so far when it comes to especially business. You might can get by with it in your personal life for most things and if you are not a home owner however when it comes to the business side of things. You will have to be able to show that you can maintain, establish , control and have the ability to pay back your debt especially if you want a business loan of some sort 💫
The key is to find your business with capital that is NOT yours, not your savings, not your passive income or with any capital that you have budgeted for something else.
Each business should have their own formula for the particular market that, that business is in.
Now we know depending, statistics say that you barley see a initial return on your business until after the 1 year so my advice to someone who is starting a new business for the first time would be, To make sure to configure how your employees will get paid and also your plan for hiring employees and being able to maintain your employees. As much as you would like to be 100% hands on. You will NOT be able to all the time. At times you may need to travel for that said business and you still need to make sure employees are present to operate and run said business.
Credit mantra with All Star Consumer Services💫🤩
