We constantly hear about ways to boost our personal credit score, but if you have entrepreneurial dreams you have to start thinking about your business credit score as well. To have solid business credit, it’s imperative that you have a good business credit score. “Business credit is the amount of money (a maximum balance) that a business can owe companies such as vendors and suppliers that doesn’t require an immediate payment to prevent disruption of the goods and services being provided to the business. Very much akin to a credit limit on a credit card,” CFO Matt Verbin, CFO of online retail site Tanga, told us. And if you are thinking about going into business for yourself with a business that might need financial loans then you’ve got to build your business credit… [ MadameNoire ] The First Family Teams Up With SXSW For ‘South By South Lawn’ Festival Back in March, President Barack and Michelle Obama visited the vastly growing SXSW festival in Austin, Texas, speaking on topics that ranged from education to civic engagement to creative thinking and entrepreneurship. Apparently, the festival inspired the dynamic duo so much that the Obama administration has teamed up with SXSW to create ” ‘South By South Lawn,” a smaller-scale edition of the festival. Location? The White House, of course. A one-day event scheduled for Oct. 3, there will be a panel of discussions, short student films and live performances, running in the same vein of the festival’s Interactive, Film and Music components, NPR reports… [ MadameNoire ] Drake Opening Venue In Houston, It’s A Strip Club Drake‘s ongoing love affair with Houston has been well-documented. The latest is Drizzy prepping to open a venue in Houston early next year that pretty much sounds like a strip club, although he says it isn’t, sort of. ‘The Ballet” event that the 6 God had been promoting on social media turned out to be a Houston pop-up. “It’s 12:45 at night…I just want to thank everybody for coming out tonight,” said Drake at the event on Sunday night/Monday morning (Sept. 6). “This about the fact that there’s a culture out there of dancing. And it’s not about no strip club sh*t. It’s really about these amazing women that we got in one spot. This music that we got. This Houston culture that we got…” [ HipHopWired ] Diddy Says Black Community Got ‘Shortchanged’ By Obama Administration [ HuffingtonPost ] Eazy-E’s Daughter Says Jerry Heller Was a Grandfather to Her [ TMZ ] End Of An Era: Did Lil Wayne Just Retire From Rap? [ iHeart Radio ] Actress Lena Dunham Is Upset Odell Beckham Jr. Didn’t Want To Do The Nasty With Her [ Baller Alert ]
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