Why Separate Business Credit from Your Personal Credit?

Why Separate Business Credit from Your Personal Credit?

Inevitably at some point, even the most frugal of business owners will find themselves having to borrow money to fund their business’ operations or growth. When it comes to business finance, especially via “traditional” sources, such as bank lenders, creating and maintaining a strong business credit profile is a must. For that reason it is … Read more

How to Start a Business in Your Closet

How to Start a Business in Your Closet

While working from home may come with numerous benefits- especially for the frugal entrepreneur-trying to find a suitable space for a home office can be frustrating. Ideally, such a space would not encroach on family living quarters, like the kitchen, the living room, or an occupied bed room, and it would be a separate area … Read more

While working from home may come with numerous benefits- especially for the frugal entrepreneur-trying to find a suitable space for a home office can be frustrating.

While working from home may come with numerous benefits- especially for the frugal entrepreneur-trying to find a suitable space for a home office can be frustrating.

The end of the year is always a pivotal time for re-evaluation and reflection. As 2010 winds down, bringing to a close an economically tumultuous decade, many small business owners may find themselves re-thinking the most fundamental areas of how they do business, and this process will no doubt include how these companies are going … Read more

What is a Frugal Entrepreneur?

What is a Frugal Entrepreneur?

Industry, perseverance, and frugality make fortune yield. -Benjamin Franklin Since this is my first post here at The Frugal Entrepreneur, I figure I should start things out by defining just what is a “frugal entrepreneur.” Frugal –adjective Economical in use or expenditure; prudently saving or sparing; not wasteful: a frugal manager. Entrepreneur –noun A person … Read more