Thursday, 29 of July of 2010
Daily and weekly Business and Financial News
Last week on Earth Day more and more individuals, corporations and governments made personal commitments towards creating a global green economy.
Did you know you can also build business credit for going green as well?
There are many ‘Go Green’ companies willing to extend credit to your business in an effort to help you become a green company. Thes
Drugs giant AstraZeneca reported a 17 per cent rise in pre-tax profits to £2.3bn in the first quarter of 2010 as it increased full-year earnings targets.
The Anglo-Swedish group saw a strong performance from key drugs such as cholesterol-busting treatment Crestor.
But it warned that second half revenue comparatives would be tough after the swine flu boost last year.
Most people make mistakes when they try to repair their own credit. It isn’t that credit restoration is complicated or that you need to hire a credit repair company to do it for you. It’s just that you need to take the time to learn how credit repair works so that you can avoid making credit repair mistakes. Here are some common mistakes that you want to avoid!
Paying off your collection accounts is a good thing – right? Most of the time, no! The reason you never want to simply pay off a collection account is that paying the account off will renew the date of last activity. When this happens, the account influences your credit score more heavily because recent accounts impact your credit score much more than older accounts.
What you need to do is set up an agreement with the lender that they agree to delete the account from your credit file as long as you make a payment in full. Just make sure that you get the agreement in writing before you make a payment!
I can’t tell you how many times I have read an article on the internet advising people to close credit card accounts so that lenders wouldn’t worry about them going out and getting into debt. While this might make sense logically, this simply isn’t how the credit bureaus work!
A full 30% of your total Fico Score comes from what is called “credit utilization.” (That is why many people looking for fast credit repair pay off debt.) This is the relationship between how much credit you have available to you versus what you owe. When you close accounts, you lower your total available credit. This will ultimately lower your credit score. If it is an especially large credit line, sometimes the results can be dramatic. If you want to resist the temptation to use your credit cards, a better bet is simply cutting up the card.
Tour operator Shearings is seeking to boost sales this year by attracting more younger customers with offers such as activity-based trips, chief executive Denis Wormwell said today.
Wigan-based Shearings has traditionally provided coach travel and accommodation for older holidaymakers, predominantly those over 50, but aims to diversify its customer base by offering themed trips to destinations including vineyards in Europe.
Its policy is already paying off across its hotels, with more younger, independent travellers making bookings, particularly at its Coast and Country brand.
Mr Wormwell says this provides greater opportunities to cross sell to new customers.
More investment is planned this year in Shearings’ hotels, and products offering new European locations, he added. S
This guest post is part of our ongoing Small Business Experts series, and is written by Bob Prentice, founder of www.mrattitudespeaks.com
Getting things accomplished as a team is so much more rewarding than working all by your self and struggling. Our family has worked on several projects over the years. Since we worked as a team we often experienced great success.
I’d like to share with you one thing that sticks out in my mind as an example of teamwork for our family. I
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