ok.
it has been a little more than 2 weeks that i registered my new business. I already ordered some stuff from a few net30’s and i know i am on my way..but i lost focus and wanted to make sure i was doing the right thing…so i went out and paid for one of those [...]
So I have my business, tax id, telephone line, 411 listing, and a DnB number. NOW WHAT?
TIME TO GET CREDIT….
Ok. It’s not that simple, but we are almost there. Like personal credit we need to establish a positive track record to obtain credit. This can be done in 30 days. So what is a positive [...]
Ok.
So now that i am at the point that i want to establish business credit and i realized that my current business won’t work i had to set up a new business and ensure that everything it set up correctly for the credit building to run smoothly..
first you want to incorporate. A sole proprietor won’t [...]
I want to define a few business credit terms before i continue
i was going to start writing about the net30 accounts i ordered from then realized that some people do not know what net30 is..lol..so hear goes my simple definition thingy..
LOC – line of credit
Vendor line – a line of credit with a vendor such [...]
So last october i came across this business credit thing. I found a guy on craigslist who was selling dells and I was buying to selling them over. I found it strange that he always had like 40-50 laptops and he was selling for less than dell.com but I figgured hey, I am getting a [...]
Ok,
It’s no secret that we are in a credit crunch here in america and my personal credit is ok but i started a business; an export business and i needed working capital. I searched for almost a year and finally found a possible answer; business credit. So this blog is an account of my [...]
