How to Get a Business Loan From Banks
Guidance from the West Virginia Society of Public Accountants outlines preparing a strong loan proposal. Include business needs, goals, ownership, finances, cash flow, collateral options, personal guarantees, and a professional financial review to improve approval chances. Analyze actual needs and whether a loan solves problems before applying. Greg Jordan notes.
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West Virginia Society of Public Accountants
Wall Street Rises Modestly In Light Trading
Wall Street prices edged higher as oil cooled and Middle East tensions showed signs of easing. The Wilshire index of 5000-plus stocks gained 6.652 billion in value, with the NYSE composite up 0.44 to 186.54, S and P indices advancing, NASDAQ up 1.12, and AMEX up 0.70.
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New York
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McDonald's faces investor doubts over slowing U S sales
Chicago AP reports a selloff after McDonald's second quarter results show domestic sales up 3.3 percent for the first half of 1990, lagging behind a prior peak. Analysts question whether the Brook-based chain can sustain rapid foreign expansion amid weaker domestic growth. Chief financial officer Jack Greenberg cites no panic and urges patience.
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McDonald's Corp
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Leslie Steppel
Prudential Bache Securities Inc
Jack M. Greenberg
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