Business Credit Profile Mistakes

What are some of the other mistakes business owners make if they were going to do it themselves, in regards to a business license, phone number, and some of those things that they don’t know about?

If you’re not listed in 411, then that business number is unverifiable. A lot of people we deal with say they don’t have to be listed in 411. They don’t need that.

If you’re not listed in 411, if your address on your business license is different than the address with the Secretary of State, if your officers don’t match what they call the company representative and ask them who those officers are. Sometimes if you don’t have a website, they’ll note that.

Business ownership, if they have more than one answer to a question come from either businesses, a licensing department, state, company representative, or public information, a negative comment will be put on that credit file. There’s a number of things that people can do before they go to Dunn and Bradstreet, to make sure that they’re in corporate compliance and a number of things that they can do not properly that will get a negative comment put on that file.

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About The Author: Scott Letourneau is the CEO of Fast Business Credit, Inc. When it comes to securing cash and vendor lines of credit and avoiding costly mistakes his company is the authority. For further assistance regarding the development of business credit go to http://www.FastBusinessCredit.com or call FBC at 1-888-313-6333 or 702-977-5246.