Archives February 2020

Cleaning the Playroom

Take a long look around your kids’ playroom. Now take another look. If you’re seeing things like fingerprints all over the walls, stains on upholstery and other nasty surprises, it’s probably time to get busy giving it a deep clean. Roll up your sleeves and get those janitorial cleaning rags ready; it’s going to be a long day.

Clean Toys

First things first: Get the things that they play with the most often washed and sanitized. Toss all soft things like blankets and stuffed animals into the washing machine, but use your dishwasher to disinfect the hard toys. Include your kids in this part; young kids love to help, so fill up a small basin with warm, soapy water and have them give their toys a bath and scrub-down. Don’t forget to spritz all hand-washed toys with a bleach solution and let them air dry to ensure they’re sanitized.

Wipe Down Walls

It’s no picnic to clean walls, but an easy way is to simply mop them. Attach a microfiber cloth to your flat-headed mop and, along with a bucket of hot, soapy water, start cleaning. You’ll be amazed at how bright and clear the walls look without the fingerprints, smudges and dust that collects on them without your noticing.

Sanitize Things That Are Touched Often

Clorox wipes are an amazing thing. Using a couple, go through the room and wipe down anything that lots of hands touch including:

  • Light switches
  • Doorknobs
  • Remotes and gaming controllers

Kids are awesome and magical, but they are also walking and breathing Petri dishes. Make the place that they spend the most time one that’s clean and fresh to prevent the spread of illness and disease — and to also reclaim a part of your home that you’re tired of seeing look like a wreck!

What to Do if Your Business Loan is Rejected

It’s not uncommon for businesses of all sizes to need financial assistance at some point or another to make ends meet or achieve growth goals. Banks have been cracking down on borrowing and making restrictions tighter, making it more difficult for businesses to get the funding they need. If your business has been turned down for a loan, here’s what you can do.

Improve Your Credit Score

As a business owner, you have two credit scores: one for you and one for your business. Both credit scores are taken into consideration when determining eligibility for a loan. While your personal score might have met the minimum requirements, your business’ score may have been too low.

Take steps to improve your credit score is vital. Open a business credit card or line of credit. Make your payments on time. Maintain a credit utilization of 25% or less. Be sure to work with companies that report your payments so they’re reflected in your credit history.

Consider Alternative Funding

Traditional bank loans aren’t your only business funding option. Perhaps a business loan isn’t the best solution for your business. Fortunately, there are plenty of alternative options. You can find solutions such as merchant cash advances, equipment financing, and invoice factoring. A quick online search can help you find numerous lenders ready and willing to help.

Try Another Route

Instead of working with a lender, you can try a different route. Look into other options as well, such as angel investors or venture capitalists. For such avenues, you will need to have a well-thought-out business plan and show potential investors just what your business is capable of. The more convincing you are, the more likely you are to get the support you need.

While it can be disheartening, a rejected business loan doesn’t mean that your company is doomed to failure. There are plenty of things that you can do to get the financing you need to grow and succeed.