Silver Lining inc

Each year Silver Lining launches a campaign to find 10 entrepreneurs who deserve to win our Silver Lining Awards.
The grand prize is an all inclusive trip to a surprise destination with 9 other winners. We are looking to recognize entrepreneurs who are highly committed to growing their businesses and who demonstrate true entrepreneurial spirit. For more information and to enter the contest, please visit SILVER LINING.

12 Steps to Establish and Maintain Good Credit

1. Understand Your Credit Rating

Knowing what impacts your credit score can help you manage your credit rating. Click here for details.

2. Check Your Credit Reports

It's important to make sure your credit report is accurate. Click here to find out how.

3. Pay Your Bills On Time

Paying bills on time is the single most important thing you can do to build credit. Here are the rules.

4. Make Sure You Have a Credit History

It's important to have a history of owing money and paying it back. Click here to find out how.

5. Take Responsibility for Your Actions

Your credit rating is based on how you act. Here are some tips that
can help you improve it
.

6. Consider Your Options to Reduce Your Debt

Rescheduling debt is often a wise way to manage cash flow. Here are some tips.

7. Ride it Out

It can take years to clear major delinquencies. But here are some things you should do in the meantime.

8. Don't Overextend Your Credit

Overextending your credit can dramatically impact your credit score. But that's not all - click here to find out more.

9. Keep Business and Personal Expenses Separate

Many small business owners lump all their expenses together. Here's what you need to know.

10. Pay Careful Attention to Cash Flow

Keep good records and don't
spend business profits until they are actually realized. Tips on improving cash flow are here.

11. Build Your Credit History as You Build Your Business

Pay special attention to managing your money, as well as your business. Here are some useful tips on how to do that.

12. Communicate with Creditors

If you get into trouble, don't go it alone. Talk with your creditors. Here's how.

Making actionable the books you've been meaning to read. Each week, Goose Educational Media provides an overview, a core theme and two actionable take aways from a leading business or personal development book or video. This week, Sally Hogshead speaks on how to "Fascinate". View it here.


COMMITTED RESOURCES

Over the past year, Silver Lining has hosted several Committed to Growing Small Business Conversations to bring together small businesses and big businesses to talk to each other in a candid and open platform.

We believe that these conversations need to happen so that big businesses can benefit from understanding the real challenges that small businesses face as they grow their business and small businesses can better understand the processes of big businesses and how they often have to maneuver through corporate rules and regulations.

As a result of these past conversations, Silver Lining and the Committed Coalition has created resources for you. In the same merit, big businesses have taken feedback from small businesses and are actively thinking about how to work with small businesses in a different and better way.

Sponsorship Tip Sheet
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Sponsorship Template
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Procurement Q&A
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SMALL BUSINESS SEMINARS
Free seminars hosted by BizLaunch
November/December Full List of Topics and Dates

Need answers on credit? Want some general business advice? We’ve assembled some of Canada’s business thought leaders on all manner of topics pertinent to small business.

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These materials are intended for education purposes only. Any opinions expressed in these materials are not necessarily those of Citigroup and its affiliates. If legal, financial, tax, or other expert advice is required, the services of a qualified professional should be sought.