How to build A Business Credit E--Book
When I came across some information that businesses can have a credit file, just like individual people do I was flabbergasted. I had never thought about this prospect. As I researched further into the idea, I found out that this was an amazing opportunity as a small business owner.
Separating your personal and business credit lines is one of the smartest things that a business owner could do. It allows for the following things:
1. Limit your personal liabilities
2. Protect your personal assets
3. You will be judged solely on your business’s ability to repay debts.
Please do not misunderstand that I do not want you to go out and establish a business line of credit with the intent of not paying back your debts. That would just stop companies who currently are extending credit to businesses to stop extending those lines.
It is essential that you have this information in order to be successful. It is very important that each step be followed precisely.
Following these steps accurately and completely will ensure that you do not have any setbacks or “speed bumps” along the road. There is no time that you can afford to waste. By skipping a step you could hinder the ability of your business to operate at maximum capacity and to borrow money without having your personal credit report attached.
I will show you the step-by-step process of setting up your business credit report on your current business or on any business you plan on setting up in the future.
Let’s get to work. Let’s get YOUR business credit started.