Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Hiring Outside Professionals to Help Grow Your Business

Written by Michelle Stoffel Huffman on December 24, 2013 in Small Business  |   1 comment

As a business owner, you may at some point consider hiring outside professionals to help grow your small business. Whether that’s early on or further down the line, you will better understand the costs and benefits of bringing these professionals on board when you can…

grow your small business As a business owner, you may at some point consider hiring outside professionals to help grow your small business. Whether that’s early on or further down the line, you will better understand the costs and benefits of bringing these professionals on board when you can anticipate who they are and when you might need them.

Here are some outside professionals you may want or need to hire as your business grows:

1. CPA. Some business owners may need to hire a certified professional accountant (CPA) from the start, while others can wait a while before taking this step. You can request that a CPA help you manage your books, figure out your taxes and, in some cases, assist you with payroll. Your CPA should know how to advise you to minimize your federal and state business tax payments as well.

If you are a solo practitioner, you typically won’t need the services of a CPA. But you may think about hiring a CPA if you incorporate your business or hire employees because, as your company grows, your paperwork and finances will get more complicated. While hiring a CPA will add to your costs, you may be able to offset some of those costs through tax savings and bookkeeping efficiencies.

2. Payroll company. Payroll can get complicated, especially when you have a mix of full-time and part-time employees, salaried workers, hourly staff, and independent contractors. A payroll company may be able to streamline the process for you.

Some payroll services may only handle paying employees, while others may have the capability to manage retirement plans. As you grow, you’ll likely want the flexibility an outside payroll company can provide.

3. Lawyer. Whether you hire a lawyer right away or choose to wait until your business has grown, there’s a good chance you’re going to need one at some point. A lawyer can help you with all your business filings and contractual issues, particularly if you are establishing yourself in an industry rife with government codes and regulations.

Beyond that, it’s helpful to establish contact with a lawyer in case any legal issues come up, particularly as you begin hiring employees, signing complex legal documents, incorporating, or organizing your business in your state.

4. Insurance professional. An insurance agent can help you find the coverage that is right for your business and explain what your options and insurance requirements are based on your circumstances and the location of your business.

As you hire employees, you may at some point want to offer health insurance. A health insurance pro can guide you through the process.

5. Media professional. As the news landscape continues to change, figuring out how to get the word out about your business can seem daunting. If this is how you feel, it may be time to consider hiring a small PR or marketing firm as a consultant. Many former journalists and PR professionals have launched their own small PR or media businesses and are ready to help small businesses establish and execute media and marketing plans. You may eventually want to hire your own internal media professional, although that may not make financial sense until your business is more substantial.

Many media companies have Web professionals that can help you create an online presence. If they don’t, you may want to consider hiring a Web design service or Web consultant to work with you and design your site to look professional and attract new business.

6. Business consultant. There’s a lot you can do yourself, but sometimes you need someone with experience, savvy, and drive to grow your business—or take it in a new direction. Typically, business owners hire this type of consultant after a company is established, when business seems stagnant or operations are no longer efficient.

A consultant can look at the whole company, streamline operations, and determine the kind of customers or clients you should be going after so your business can grow.

No matter what your industry, bringing in outside professionals can help your bottom line, take mundane or niche tasks off your to-do list, and allow you to focus your efforts on parts of the business that are more important to you. That’s a positive step for any small business owner.

Michelle Stoffel Huffman is a researcher and staff writer for Think Glink, Inc. Prior to joining Think Glink, Michelle worked for the Chicago Tribune as a daily news reporter and community manager, covering local government, business, tax issues, and crime. She now specializes in real estate industry news, consumer financial reporting, and home design and decor. She is a graduate of DePaul University in Chicago.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

1 comment

  1. Jemario says:

    Very great information I very much needed.

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.