Small Business Credit
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Small Business Credit
It is a good idea to establish small business credit instead of using your personal credit regardless of the type of business you operate. Since you will be able to deduct various business expenses on your tax return you should use a small business credit card for such business related expenses. This way you always have a record of the transactions available.
Buying the supplies you need to operate your business is much easier if you have established some small business credit. This can be with vendors or to give you purchasing power. You never know when an unexpected business expense will arise so you need to be prepared for it.
Small business credit should be used only to buy necessities for your business. This way you can keep overhead low and use your profits to purchase various items you need. Establishing small business credit is a wise decision that can help you operate a successful small business.
A little inside knowledge, and some action, could be all that is standing between your business success and wealth, or a "Going Out Of Business" sign on the front of you business.
Unfortunately, most business fail. Also, most entrepreneurs don't know the difference between the "business credit" you local bank extends you when you start a business, and true corporae credit.
click here to find out the difference!
There was a series of events that happened to us, and then with a struggling potential entrepeneur that resulted in us publishing this information. If we had known this information 15 years ago who knows where we'd be now!
To read the details of our complete credit mis-adventure, click here
Patti & Robert Farnham
(authors of "Corporate Credit Power)
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FREE REPORT!
"Do You Know The Real Difference
Between Business Credit and
True Corporate Credit??"
(the information most local banks and credit card issuers are desperately hoping you won't discover!)
| Simply fill out your name and primary email address. You will receive immediate access to this eye opening information!
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your email information will NEVER be sold, rented or traded. Period! |
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Imagine Being Able To Open, Start, Buy or Expand
Your Business WITHOUT Begging a Banker,
Friend or Relative For Financing!
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Readers Comments
Hi Patti and Rob
Thanks yo so much for all the info. I think I'm actually going to start my own restaurant. I just met with a chef who has owned and worked for many, many businesses. He said he wished he could have found your info years ago! And he's been in this business for over 30 years. I'm going to be able to do this without jeopardizing my or my husbands credit. My husband has owned his own corporation for years, and as you mentioned, everything he has done in the past 15 years reflects back to his SS# and personal info!! That stinks. We are both studying all of this new info.
Thanks Again!!
Sincerely,
Michelle
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