Skip to content

How to make your LLC work for you instead of working for IT

Introduction

There is no point in having an EIN or LLC if you do not use it effectively! Building personal credit after it is damage could be very hard and take time. However, building business credit only takes about 90 days and is super easy. Your personal credit and business credit will NEVER interfere with each other.

Business credit is an important tool for entrepreneurs and business owners. It is a way to access money, secure better terms and rates, and establish a good business reputation. It is also important for businesses to protect their credit rating and manage their debt responsibly. 

Having a good business credit score can help to secure financing, obtain better terms and rates, and establish a good business reputation. It is important to establish a good reputation with creditors, lenders, suppliers, and customers. A good credit score can help a business get the money it needs to grow and thrive. 

Business credit is different from personal credit. It is based on the performance of a business, not the creditworthiness of an individual. Business credit reports include information such as payment history, payment amount, and current credit balance. This information is reported to credit bureaus, such as Experian, Equifax, and TransUnion. 

Establishing good business credit is essential for businesses. To do this, businesses should pay bills on time, maintain a good credit utilization ratio, and monitor their credit reports. Business owners must also make sure they do not overextend their credit or take on more debt than they can handle. 

Business owners should also analyze their credit report to identify any errors or inaccuracies. If any errors are found, it is important to dispute them and get them corrected. This will help to keep the credit score accurate and up to date. 

In summary, business credit is an important tool for entrepreneurs and business owners. It is important to establish a good credit score and manage debt responsibly. Business owners should also monitor their credit reports and dispute any errors they find. By taking these steps, businesses can protect their credit rating and get access to the funds they need to grow and succeed.

Business credit is an important tool for entrepreneurs and business owners. It is a way to access money, secure better terms and rates, and establish a good business reputation. It is also important for businesses to protect their credit rating and manage their debt responsibly. 

Having a good business credit score can help to secure financing, obtain better terms and rates, and establish a good business reputation. It is important to establish a good reputation with creditors, lenders, suppliers, and customers. A good credit score can help a business get the money it needs to grow and thrive. 

Business credit is different from personal credit. It is based on the performance of a business, not the creditworthiness of an individual. Business credit reports include information such as payment history, payment amount, and current credit balance. This information is reported to credit bureaus, such as Experian, Equifax, and TransUnion. 

Establishing good business credit is essential for businesses. To do this, businesses should pay bills on time, maintain a good credit utilization ratio, and monitor their credit reports. Business owners must also make sure they do not overextend their credit or take on more debt than they can handle. 

Business owners should also analyze their credit report to identify any errors or inaccuracies. If any errors are found, it is important to dispute them and get them corrected. This will help to keep the credit score accurate and up to date. 

In summary, business credit is an important tool for entrepreneurs and business owners. It is important to establish a good credit score and manage debt responsibly. Business owners should also monitor their credit reports and dispute any errors they find. By taking these steps, businesses can protect their credit rating and get access to the funds they need to grow and succeed.

Where to begin?

  1. Make sure you have an EIN number, LLC, a business website, business address, and business phone number!
  2. Go to https://www.dnb.com/ and apply for your DUNS number. Your duns number is like your businesses social security number so keep it safe!!
  3. After approved for your duns, make an account with net 30 accounts and begin making small purchases from places like Uline, NAV, CEO creative and Quill.
  4. Once you make these purchases, net 30 accounts will give you 30 days to pay back the balance for whatever you owe! Be sure to pay it back well before the 30 day mark! You can make small payments throughout the month if needed. Remember to start small first so that can see your payment history and so that it will be easier for you to manage.

Conclusion

You may not need all of the items you see for your business. However, these websites have some household items as well as items you can get as gifts for someone else! Purchase something you will most likely use or purchase household supplies! This will help you to be able to get more credit from stores like Sams club, Home depot, and more!

Do you need a list of net30 accounts? I have a free list of over 100 accounts to purchase from! Subscribe to our email list to get access to free resources! If you would like to add onto this topic and share more advice/feedback, or if you have more questions, feel free to comment below!

Thank you

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish