How Personal Credit Impacts Your Business

There’s a paradox out there about personal credit and its impact on your business that can seem contradictory at first. It IS true that it’s important to keep your business and personal credit records separate. Business credit is tracked and reported very differently from personal credit and there are also important tax, compliance and cash management implications to consider. Read More …

Funding Fundamentals for The Network Marketing Business

In today’s economy it’s more important than ever to understand and implement funding fundamentals to help keep your business up and running. Even though the network marketing industry can be a very high profit, low overhead type of business, many times this isn’t the reality for those who are just getting started. Most are investing a lot of time and money with systems, training, marketing and buying leads to grow their organization. Read More …

5 Simple Steps to Build Business Credit to Secure More Money!

Building business credit is a MUST in today’s economic environment. Do not get thrown off by the term “credit” and think of debt only. Business credit is very different than personal credit. The reality is that most businesses are off on their sales projections and underestimate their business expenses. A double whammy that leads to Read More …

BREAKING NEWS: Business Credit Solutions to Secure Cash for Your Business

Let me give you some important updates on your odds to secure more financing and some solutions. First, you have a separate legal entity for your business, that is step one in separating your personal and business credit. Second is to realize the coloration between vendor and cash lines of credit. Most want cash lines of credit, the immediate fix to their business problems. Yet, most do not realize it is a process to build up business credit, through vendor lines of credit first, to get your business in a better position to secure cash lines of credit (there are exceptions of course). Read More …

The Steps in Building a Business Credit Asset™

Businesses must comply with the corporate guidelines established by agencies and financial institutions, including Dun & Bradstreet® and Corporate Experian®, in order to establish credit. These agencies want to ensure that the entity is a real business and require that it be incorporated (LLC, S Corp or C Corp), have a physical address, a valid phone number, a website and other limited guidelines. Read More …

D&B® Insider Secrets – A View into the Business Credit World

D&B® is a very important factor to the success of your business. It is one of the only ways someone can check your company from a financial prospective without having to get a subpoena. Most small business owners ignore the significance of D&B® to their business success. You may not know when an inquiry is made to your company. It may be the reason you are losing business, contracts, bids… Read More …

INCORPORATING YOUR BUSINESS

When you operate a business, the key question you need to ask is why should I incorporate? You will learn that it makes a lot of sense to incorporate your business to separate your risk and personal assets, just as it makes sense to separate your business and personal credit Read More …