Pitfalls, Pains, Passions & Pleasures of Entrepreneurship in LIFE!

How To Build Business Credit, Tradelines, EIN, Dunn & Bradstreet -THIS TELLS YOU WHAT TO DO!


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Certified Life Coach, Certified Entrepreneurial Facilitator Tawalla Simmons. Here a lesson on building business credit, learning how to make sales and listen to your customers, and thinking about starting a nonprofit benefits. Topic: Building Business Credit using your EIN Employer Identification Number. If you don't have one apply for it at: Link will take you directly to the page to establish an EIN if you do not have one. https://sa.www4.irs.gov/modiein/indiv... If you do have one, use your EIN to build credit with these companies: 1. Quill (quill.com) reports weekly Just choose invoice for Quill 2. Uline (reports weekly) Just choose invoice for ULine and it will start a Net30, 3. Nav.com the business membership reports to DNB. Make sure you order something so that you can request Net 30 which means you pay the bill in less than 30 days to establish a pay history. Once you do this for 3 months, you will get a Paydex score with Dunn and Bradstreet which is your business credit score. Now, you can start applying for credit cards with: Navy Federal Credit Union (open an account first) 2. Bank of America and Chase Bank (there are more) 3. CRA Loans! Message me to talk about these!

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Pitfalls, Pains, Passions & Pleasures of Entrepreneurship in LIFE!By Tawalla Simmons