questions to ask when checking business credit references?
440775
['How long has Company A had an open account with you?', 'What is their credit limit with you?', 'How many times have they been late? How late?', 'Is there a seasonal pattern to their payment behaviors?']
504447
['How much experience do you have selling businesses like mine? ... ', 'Do you work from home or an office? ... ', 'How many businesses like mine have you sold? ... ', 'How do you value a business? ... ', 'How will you prevent my customers and competitors from hearing my business is for sale? ... ', 'How many qualified buyers do you have?']
1418928
['Can I Really Afford It? First, you need to determine if you really have the money for the item. ... ', 'What Will I Do With It? What are your plans for the purchase? ... ', 'How Often Will I Use It? Next, determine how often you will use the item. ... ', 'Do I Really Even Want It? ... ', 'Can I Borrow It?']
293552
['What are they looking to get out of the partnership? ... ', 'What are they hoping to get out of the business that you are buying together? ... ', 'What do they think each one of you brings to the table? ... ', 'What is their financial situation?']
589898
['How much money do you need? ... ', 'What does your credit profile look like? ... ', 'How will you use the money? ... ', 'How will you repay the loan? ... ', 'Does your business have the ability to make the payments required under the loan? ... ', 'Can you put up any collateral?']
1442572
['Payment history makes up 35% of your credit score.', 'Your utilization rate makes up 30% of your credit score.', 'The length of your credit history: 15%', 'Types of credit you use: 10%', 'Recent credit inquiries: 10%']
793442
["What is your business's financial condition? ... ", 'Have you created a pro-forma cash flow? ... ', 'Given your revenue forecast, are you overpaying? ... ', 'Have you thought long and hard about it? ... ', 'Does it make more financial sense to rent the land rather than owning it? ... ', 'Should you go all in with your cash? ... ', 'How much land are you acquiring?']
393592
['Should I talk to an accountant before I start my business? ... ', 'Do I need an accountant or would a bookkeeper be better? ... ', 'Are my records in a good condition? ... ', 'How much help do I actually need? ... ', 'Turning the tables… ... ', "What is your business' current structure?"]
212308
['What is the basic services fee and what does it include? ... ', 'What are the fees associated with any charges for other services and merchandise? ... ', 'How much are any needed cash advances and what do they include?']
290914
['Do You Share the Same Vision for the Company? ... ', 'What are Your Strengths and Weaknesses? ... ', 'How Much Money Will You Each Contribute to the Business?']
1036165
['What is FP&A? ... ', 'Why Are You a Good Fit For This Company? ... ', "What's Your Experience in FP&A? ... ", 'What Financial Tools & Systems Have You Used or Developed in Your Past Experience? ... ', 'How Familiar Are You With Our Business Model? ... ', 'Give Me An Example of a Time When You Told a Boss or Superior That They Were Wrong.']
1303616
['How Long Have You Been Trading? ... ', 'How Happy Are Your Customers? ... ', 'What Services Can You Offer? ... ', 'How Flexible Are Your Services. ... ', 'If I Need More Work From You, Do You Have The Capacity To Meet Demand? ... ', 'What Do You Charge? ... ', 'Is Insurance Included?']
1376704
['Is This the Right Time to Apply for a Card? ... ', 'Am I the Right Candidate? ... ', "What's the APR? ... ", 'Is There an Annual Fee? ... ', 'Is There a Rewards Program? ... ', 'Does the Bank Report to the Bureaus? ... ', 'Do I Need Another Credit Card? ... ', 'What Are the Credit Card Fees?']
64349
['Do I need a credit card? ... ', 'Do I have enough income to pay off the monthly credit card balance? ... ', 'What fees will be involved if I get this credit card? ... ', 'What rewards does this credit card offer? ... ', 'What is your policy on credit card fraud?']
1104608
['Are you interested in buying a beauty salon that is franchised or independently owned? ... ', 'What is the true value of the salon? ... ', 'How will external factors influence the success of the salon? ... ', 'Will the current staff remain? ... ', "What's your plan for the future?"]
223931
["What will be the actual cost if I can't pay if off in full?", 'Can I save up enough to pay cash if I wait a few weeks?', 'Will using a credit card help if I need to return the item or extend the warranty?', 'MasterCard.', "Will I get my money's worth?"]
1376771
['How can I reduce my monthly charges? ... ', 'Do you offer a payroll service? ... ', 'What are the current lending criteria? ... ', 'Is your online banking facility secure? ... ', 'Do you provide general business advice when needed?']