Overhead is a term used to describe business expenses that aren’t directly linked to creating a product, service or any other activity that contributes to a company’s income. While some business overhead is unavoidable, reducing these indirect expenses will help widen your profit margin. Every business incurs some overhead expense, although some businesses (for example,…
With a 5-year adjustable-rate mortgage, you’ll get an introductory rate for the first five years you have the mortgage. These are sometimes referred to as “teaser” rates because they can be significantly lower than prevailing rates on fixed-rate mortgages. However, after that period’s over, your interest rate will change every six months. Many homeowners will…
Chase organizes its credit cards into different “families” based on what the card offers. Travel and dining cards are branded with a Sapphire name. Small business cards are Ink-branded. And Chase’s cashback-focused credit cards are branded as Chase Freedom credit cards. Chase currently offers three types of Chase Freedom credit cards to new cardholders: Chase…