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Garrett Sutton and Gerri Detweiler are here to help with your news story on small business topics. They have been interviewed extensively by the news media and are available to share their expertise with you on topics such as:
- Small business financing
- Corporate formation strategies
- Bootstrapping techniques
- Business credit cards
- Asset protection
And more! Feel free to contact us by email or call 1-888-227-3158 ext. 3
Download our news release by clicking on the link below.
NewsReleaseBCS_03_07.doc
The Sweet Slap of Plastic
This Forbes.com article features helpful advice on business credit cards, including tips from Gerri Detweiler.
Wall Street Journal/ AP News Article
This Wall Street Journal article which also was syndicated on AP Newswire, discusses how businesses are using credit cards to pay taxes, including tips from Gerri Detweiler.
Streetwise Book of Lists
BusinessCreditSuccess.com is pleased to be featured in The Streetwise Book of Lists, a highly regarded guide filled with expert business advice.
Real Estate Advantages
Read a review of Garrett Sutton and Sharon Lechter's best-selling book Real Estate Advantages.
Financing: Today, more than one-half of all women business owners have a business line of credit (57%) and 41% have business bank loans.
Source: Marjorie Alfus, chair, Center for Women’s Business Research.
Financing: Commercial banks are the largest suppliers of debt capital to small firms, supplying more than 80 percent of lending in the credit line market and, with the exception in leasing, more than 50 percent in other markets, such as commercial mortgages and vehicle, equipment, and other loans. In June 2004, small business loans outstanding owed to commercial banks amounted to $522 billion. Very large banks with assets of at least $10 billion are making a significant percentage of small loans of less than $100,000.
Source: Small Business Administration Office of Advocacy
Number of Small Businesses: In 2005, there were approximately 25.8 million businesses in the United States. Census data show that there were 5.8 million firms with employees and 18.6 million without employees in 2003, the most recent year with data. Small firms with fewer than 500 employees represent 99.9 percent of the 25.8 million businesses (including both employers and nonemployers), as the most recent data show there are nearly 17,000 large businesses.
Source: Small Business Administration Office of Advocacy
Survival Rates: Two-thirds of new employer establishments survive at least two years, and 44 percent survive at least four years, according to a recent study. These results were similar for different industries...Major factors in a firm’s remaining open include an ample supply of capital, being large enough to have employees, the owner’s education level, and the owner's reason for starting the firm in the first place, such as freedom for family life or wanting to be one’s own boss.
Sources, see: Small Business Administration Office of Advocacy
The Kauffman Foundation maintains excellent statistics on small business financing.
For information on the safest and riskiest businesses, visit the BizStats website.
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