
This introduction is intended for you to know what to expect from the course and what tasks you will need to complete in order to achieve your business credit goals.
To recap, last week we went over some important rules to consider when going through the business credit building process.
We went over how your personal credit can have an effect on your business credit and discussed your options if you have poor personal credit. Lastly, I shared a real-life example of how you can rebound from a low credit score by implementing some proprietary methods that I’ve used in the past.
In this video, you’ll get an inside look at:
the major business credit bureaus
The implication of your business credit scores
How to monitor your Dun & Bradstreet credit report for FREE
How to establish a PAYDEX score at no charge
And learn the proper way to apply for credit cards to fully benefit your business
In the last video, we broke down the major business credit bureaus, why a business credit score is important, how to monitor your business credit and how to get a DUNS number and establish a PAYDEX score at no charge.
In this video, you'll learn about:
Credit report audits and the methods you can take to avoid them
I’ll tell you ways in which you can minimize your chance of being rated high-risk to creditors
You’ll also learn a bit about how to make your business creditworthy.
In addition to all of that, you’ll learn how to control a unique name for your business and I’ll help guide your decision in determining your business address, which domain name to use, and choosing the right legal structure.
In the last video, we talked about how to avoid credit report audits, and how to minimize your business receiving a high-risk rating.
We also discussed the process of choosing your business name, determining your business address, registering a web domain, and picking the right legal structure for your business. If you followed the homework from the last video, by now you have your domain name registered and have started the business incorporation process.
In this video, you'll learn about:
Getting a business Tax ID # for your business
Business bank accounts
The importance of a business phone line and email address
Getting your business listed
And how to easily build out your business website
In the last video, we talked about how to obtain a Tax ID # and DUNS # for your business, explained why you should open a business bank account, discussed how your business should stay connected with a business phone line and email address, how to get your phone number listed, and tips on building out a simple webpage.
If you followed the homework from the last video, by now you should have your Tax ID #, DUNS #, a business phone line, and a simple webpage.
In this video, you'll learn about:
Intro to vendor credit & obtaining tradelines
Steps to applying for net 30 vendor credit
Opening net 30 vendor accounts that report to the bureaus
In the last video, we gave you a comprehensive intro on vendor credit and Net 30 accounts, obtaining tradelines, and the steps to follow when applying for Net 30 vendor lines of credit. We also discuss the importance of choosing the right vendors that will ultimately report your good payment history to the business credit bureaus, which is ultimately the goal here.
If you followed the homework from the last video, by now you should have a few vendor accounts opened and should have made your first purchases to kick-start your credit building process.
In this video, you'll learn about:
Intro to fleet cards
Best practices for using net 30 accounts
How to pass the “credentials audit”
In the last video, we gave you an introduction to fleet cards, taught you a few best practices for using Net 30 accounts, and showed you how to pass credential audits.
In this video, you'll learn about:
Revolving lines of credit
The implication of personal guarantees with lines of credit
How to apply for revolving lines of credit and what to look for
Things to look for in revolving credit applications
In the last video, you got an introduction to revolving lines of credit, what personal guarantees mean to your business credit, how to review revolving credit applications and how to apply.
In this video, you'll learn:
What to do if you’re denied credit
How to handle up-and-coming payments due to creditors
Which revolving accounts to apply to and when
In the last video, we gave you some tips on what to do if you’re credit applications are declined, told you how to handle payments that are coming due from vendor purchases you may have made, and gave you a list of creditors that offer revolving credit along with a roadmap summarize when to apply to each.
In this video, you'll learn about:
Bank loans for your business
The easiest way to get your first bank loan
And the bank loan multiplier trick
Advanced business credit and personal credit strategies.
Here, you'll gain access to the wide array of vendors that provide vendor credit to businesses. This extensive list gives you more than enough potential vendors that can help you to build business credit quickly.
Enjoy this valuable bonus on personal credit repair. It will give you great ways to boost your credit score and strengthen your overall personal credit profile without having to shovel out tons of money to credit repair experts.
This course is set up in an 8-week format (though can watch all of the videos right away if you choose) and offers tools and strategies necessary to obtain six figures in business credit, and to start achieving your entrepreneurial goals - Even if you don’t know exactly what you want to do entrepreneurially yet.
This course doesn't cover generic topics you can find on Google. I show you meaningful ways to quickly secure the credit you need to start, grow, and sustain your business.
From this course, you’ll learn how to establish your business, build an identity for your business, make your business creditworthy, establish credit and get the approvals you need from the start – helping you to avoid denials most new business owners and entrepreneurs face.
Lots of business owners either waste tons of money on purchases for their business that they think they will report to their business credit profiles, only to see no results or simply can’t seem to figure out how to establish and grow business credit in the first place. My easy-to-follow six-figure business credit roadmap will take all of the guesswork out of building business credit and show you EXACTLY what you have to do each step of the way in order to obtain six figures in business credit.
You'll learn how to:
Get your business incorporated
Obtain an EIN (social security number for your business)
Obtain a DUNS # and PAYDEX score
Establish your first vendor accounts
Secure credit in the form of credit cards, lines of credit, and bank loans
Learn how you can use credit to start a business or invest with zero interest
Learn strategies to enhance your personal credit scores
And much more