RESIDUAL INCOME – PASSIVE INCOME – CASH FLOW
How do you make residual income?
What Is Residual Income & How Do You Make It? | SoFi
Residual income can be increased through various methods such as real
estate investment, passive income streams, and stock market investing.
Other options include affiliate marketing, freelancing, and selling
items on online marketplaces.
What is passive income vs residual income?http://www.SBA.GOV. com
Passive Income vs. Residual Income: What’s the Difference?
Passive income is money earned from an enterprise with little or no ongoing
effort. Residual income is not exactly a type of income but a calculation
determining how much discretionary money an individual or entity can spend
after paying their bills and meeting their financial obligations.
What is the residual income?
Residual income refers to the money you have after you’ve taken care of
ongoing expenses like your mortgage, credit card bills, utilities, groceries
and car payments. This extra money can go toward things like investments,
debt payoffs, savings or even a vacation fund.
“Why Business Credit Is A MUST For Every Business Owner!”
Entrepreneurs typically make one or more financially devastating mistakes when financing the launch, operation and/or growth of their businesses. In most cases, they don’t realize that they’re making a mistake.
business credit, corporate credit, unsecured business line of credit, business line of credit, start up capital
As an entrepreneur, you’re hardwired to enjoy a greater level of risk than the average person. But do you enjoy the thrill of business and investing so much that you’re willing to risk:
-Being hounded by creditors?
-Declaring bankruptcy?
-Being denied a mortgage?
-Paying more than your fair share of interest on your loans?
-Losing your house?
If you answered “no” to one or more of these questions, this may be the most important report you’ve read in a long time.
Because, if you’re like most entrepreneurs, investors, and business owners I’ve met over the past 28 years, you’re in danger of facing all of these horrific problems.
And it’s all because of your business.
You see, entrepreneurs typically make one or more financially devastating mistakes when financing the launch, operation and/or growth of their businesses. In most cases, they don’t realize that they’re making a mistake. STARTING A BUSINESS FOR YOUR GRANDCHILD/FREETIME/FROMANYWHERE
And to tell the truth, even when they do realize they’re making a mistake … they lull themselves into thinking that the consequences will be a minor annoyance.
START A BUSINESS FOR YOUR GRANDCHILD
Until, one day, they can’t qualify for a mortgage. Or they can’t get the to-die-for financing offered on the new car they’re buying. Or they’re hounded by creditors and eventually have to declare bankruptcy.
And it is all because they use their personal finances to fund the launch or expansion of their business. They then use personal credit cards to pay for business expenses.
If you are in business or thinking about starting a business, business credit is a must.
Let me explain, most business owner have no idea that they can establish business credit and even fewer know how to how to establish business credit.
If owners would take the time necessary to educate themselves about establishing credit they would no longer have to use their personal funds for start up capital or working capital.
They would also be able to use business credit cards which don’t report to their personal credit reports, therefore, not lowering the personal credit scores.
The most important goal of business credit though is to obtain unsecured business lines of credit, which can be done once the business credit profile is set up properly.
Once a business obtains unsecured business lines of credit, they then have the working capital they need to start a business or expand their business.
The business owner has check book control to use the business lines of credit as they wish. And best of all, the business lines of credit don’t report to the business owner’s personal credit report.
If you have set up your business profile correctly there are a number of banks that will lend to brand new start up business. That is right, brand new start up business with no track record whatsoever.
The banks will extend unsecured business lines of credit so they can have the start up capital they need to finance the business of their dreams.
Make no mistake about it; business credit is a MUST for every business owner. Don’t put your personal assets at risk finance or fund your business!
!!!!!
INVESTING IN REAL ESTATE IS ONE OF THE MOST PROFITABLE BUSINESS
IN THE US. AW, BEFORE YOU SAY YES.
GRAB A BOOK FROM YOUR LOCAL BOOKSTORE ON INVESTING IN REAL ESTATE
!!!!!
BEST WAY TO GENERATE AND CREATE WEALTH
!!
FUNDING YOUR INVESTMENTS CAN COME FROM A SECOND BUSINESS.
FOR REAL ESTATE INVESTING PLEASE COMMENT ON INVESTING.
ALL COMMENTS WILL BE POSTED THAT HELPFUL.