Team-BMG Vendors list
On Sale
$50.00
$50.00
Before You Open Net-30 Accounts…
Before you jump in and open accounts, we recommend you take a few essential steps to make sure your business is viewed as legitimate. If you don’t take the time to set up your business properly, you may not get approved for trade credit. This free guide explains how to set up your new business the right way, but here are a few tips to get started.
If your business is not set up as its own legal entity (such as an LLC, LLP or S Corporation), consider creating one. If you decide to operate as a sole proprietor, make sure your business is at least registered with your Secretary of State.
Make sure you have a separate business bank account rather than pay for business expenses from your personal checking account. And use a business email address on your account, rather than a generic email address like Hotmail to further legitimize your company.
You’ll also want to make sure your business has a D-U-N-S number, used to identify your company in commercial credit reporting agency Dun & Bradstreet’s database.
While you can always purchase items from these vendors and pay with a credit card at the time of purchase, that doesn’t help you build business credit. You need to purchase on credit through the vendor.
Before you jump in and open accounts, we recommend you take a few essential steps to make sure your business is viewed as legitimate. If you don’t take the time to set up your business properly, you may not get approved for trade credit. This free guide explains how to set up your new business the right way, but here are a few tips to get started.
If your business is not set up as its own legal entity (such as an LLC, LLP or S Corporation), consider creating one. If you decide to operate as a sole proprietor, make sure your business is at least registered with your Secretary of State.
Make sure you have a separate business bank account rather than pay for business expenses from your personal checking account. And use a business email address on your account, rather than a generic email address like Hotmail to further legitimize your company.
You’ll also want to make sure your business has a D-U-N-S number, used to identify your company in commercial credit reporting agency Dun & Bradstreet’s database.
While you can always purchase items from these vendors and pay with a credit card at the time of purchase, that doesn’t help you build business credit. You need to purchase on credit through the vendor.