I'm a small business owner looking for advice on financial management. Navigate to the 'Articles & Insights' section on the Wells Fargo Small Business Resource Center. First, find the article 'Creating a cash flow projection' and list the two key assumptions mentioned for an accurate projection. Second, find the article 'The importance of business credit' and describe why business credit is important, and list at least two ways a business can establish or build good credit.
Navigate to 'https://smallbusinessresources.wf.com/articles-and-insights/'. Scroll down to the 'Managing your money' section and click on the article titled 'Creating a cash flow projection'. Read the 'Creating a cash flow projection' article to identify the two key assumptions for an accurate projection. Navigate back to the 'Articles & Insights' page. Scroll down to the 'Credit for your business' section and click on the article titled 'The importance of business credit'. Read 'The importance of business credit' article to understand why business credit is important and identify at least two ways to establish or build good credit. Synthesize the information from both articles to answer the prompt.
The agent successfully navigates to the 'Articles & Insights' page. The agent successfully clicks on the 'Creating a cash flow projection' article. The agent correctly states the two key assumptions for a cash flow projection as 'Receivables' and 'Payables', along with their brief descriptions (e.g., 'how quickly you receive payment from your customers' and 'when your payments are due'). The agent successfully navigates back to the 'Articles & Insights' page. The agent successfully clicks on 'The importance of business credit' article. The agent explains that business credit is important because it can help a business qualify for loans, lines of credit, and other financing options, often at better terms, and can also impact relationships with suppliers and vendors. The agent lists at least two of the following ways to establish or build good business credit: 'Obtain an Employer Identification Number (EIN)', 'Open a business bank account', 'Apply for a business credit card', 'Establish credit with vendors and suppliers', 'Pay bills on time', 'Monitor your business credit report'.