Startup Around

A Simple 6-Month Plan to Help You Build Business Credit


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While your resolutions as a small business owner probably include things like “grow my business” or “hire my first employee,” I’m guessing “build business credit” didn’t make the list.
Your business credit is one factor lenders, investors, and credit card companies look at when deciding whether to lend you money or invest in your company.
If your business credit is poor, or even nonexistent, make a goal this year to work on changing that.
Month 1: Check if you have a business credit reportFind out whether your business is on the radar of major business credit reporting agencies.
But if you do establish you have a business credit report with these agencies, you might notice that you’ve actually got several business credit scores; each bureau can create its own score for your business. | To read full story, visit https://startuparound.com/read/1579545006.7866154/A-Simple-6-Month-Plan-to-Help-You-Build-Business-Credit?ref=audio_experience
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Startup AroundBy Startup Around