Business News Online

Once you have filed for bankruptcy, the fact that you filed for bankruptcy remains on your credit report for the next 7 to 10 years, according to most financial experts. But this does not mean that you cannot get a loan or that you cannot get credit for the next 7 to 10 years.

On the contrary, if you play your cards right, you will be able to get new credit the very next day after bankruptcy if you really wanted to. And you should have no problem getting your FICO score back up into the 600s or 700s within two to three years, with a little bit of work and some discipline.

Ironically, the simple fact that your debts have been discharged is a positive, not a negative for your credit. This is because your debt to income ratio will have fallen drastically through your Chapter 13, or will have fallen to zero through your Chapter7.

The simplest way how to repair your credit after bankruptcy is to apply for more credit and demonstrate that you can use it responsibly. But you may be wondering whether that is a catch-22. Read more…

Everyone and their dog wants to find away of making more money, but unfortunately, it is not always that simple! If you are one of those people who is always scratching their heads wondering how everyone else is making so much money whilst you continue to struggle, then maybe it is time to make a few changes to your life.

The truth is, there are lots of ways in which you can make money, you just have to go out there and find them. At the moment there are hundreds of thousands of people trading on the forex, and making plenty of money whilst they do it. This may seem to you like something that is probably out of your league, but you can think again. It is a slightly complicated affair, for sure, but if you get the right help there is no reason why you can’t make a success of it.

The important thing about the forex; market is that you have to get professional help if you want to make money. You can find lots of forex brokers on the internet and these people live and breathe the foreign exchange market. Read more…

Recycling a mountain: But the refilling job goes offshore.

JACOB’S Creek has shipped an entire batch of wine destined for its British and Irish markets to be bottled offshore rather than locally as a hedge against the rising Australian dollar, as the currency squeezes margins for Australian winemakers and threatens the profitability of the sector.

Australia’s largest wine brand and owned by French beverages group Pernod Ricard, Jacob’s Creek sent off its flagship ”Classic” label wine in massive steel containers last month for the first time, with wine historically destined for its Barossa bottling factory now to be packaged in Europe.

”We are certainly not the first, and we won’t be the last,” said Brett McKinnon, the managing director of Orlando Wines, which looks after the Jacob’s Creek brand for its French owners.

”Definitely a lot of other [winemakers] have done it, and it’s something we have looked at over the last 10 years.”

Mr McKinnon said calls from European customers to constrict its carbon footprint had encouraged the wine company to bottle its production run closer to market, but the recent strength of the Australian dollar had also been a major factor.

Other local winemakers are following suit with Australian Vintage, owner of popular brands including McGuigan and Nepenthe, announcing last week the record high exchange rate would force it to undertake packaging and bottling in Britain to reduce production costs on exports.

Read more…

Is an incentive like a $250 cash back sign-up bonus enough for you to consider applying for a company credit card with Chase?

How about if you could earn cash back on all your business purchases?

While these are just a few of the features that Chase includes in its Ink Business Credit Card do you know how all the features work and how to qualify for them?

With every credit card it’s important for you to fully understand the pricing, terms and conditions before you apply.

Have you ever heard of the default APR rule?

It’s the interest rate applied to your balance once your credit card is in default. The triggers for this vary for different credit cards so don’t you think it’s important to know what the triggers are?

Sure the perks and rewards are great but make it a priority from this point forward to know the good, the bad and the ugly with each card you consider applying for.

In this particular post I will be covering the Chase Ink Business Credit Card.

Here are the key features:

• $150 Bonus Cash Back
• Earn up to 5% Cash Back on Eligible Purchases
• 0% Intro APR
• Free Employee Cards

First, let’s review how you can earn the $150 Bonus Cash Back

Here is how it works:

Once you make your first purchase with your new card you will receive 15,000 bonus points.  Remember

Read more…

If you have a business and your company is a little short on funds, you might want to consider visiting a business finance firm to see what options are there for you. A business finance firm is a company that lends money primarily, or sometimes exclusively, to businesses. There are many firms of this type, ready to accommodate any business entity that is in need of a little financial assistance.

However, before you go knocking on the door of a business finance firm nearest your location, you might want to first check them out to see if the services they offer could be of use to your company or not. This is because there are some business finance firms that cater only to a particular industry, while others only accommodate certain businesses having particular qualities. In order that your efforts would not be in vain, it is best if you first check out their offerings and see if your business qualifies.

Also known as business loans, commercial finance is a process by which one business entity, such as a bank or a commercial lender, provides loans to another company for their business expansion, product enhancement, marketing purposes, and many more.

Read more…

Did you miss any of Tim’s great posts from the last week? Never fear, we’ve got them listed out below. Click to your hearts content!

Ideas: Evolutionary Computing and Internet As Brain

Call it coincidence, serendipity, synchronicity, or just random, but last week I was accidentally exposed to two seemingly unrelated ideas that ended up seeming very related to me. And they gave me a fascinating whack on the side of the head. I thought artificial intelligence had run its course, but computers that learn could be much more important.

5 Questions About Power vs. Control vs. Results

Have you ever looked at the difference between power and control in leadership and management? Here’s what I’m guessing.Power and control are quite different and sometimes in conflict. The more control you have, the less power. Does that make sense? I’m just guessing here, not studying the literature.

When Your Gut Screws Up Your Analysis, Shut Up and Listen

True story: my wife and I wanted to move but we weren’t sure where. In true MBA

Read more…