Interview with a Small Business Credit Expert!
Episode description
Interested in knowing more about how to start and establish small business credit? I got S.E. Day of For Small Business Only, to share his tips and suggestions on how to establish business credit effectively and quickly. THE RIGHT WAY! He has started dozens of businesses and has more authority in this field than most people put together. Let's listen in and follow his advice on how to get started the right way if you are starting a small business.
Start with your State Department of Corporation. Create a business.
Apply for an EIN through IRS: https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Dun and Bradstreet: https://www.dnb.com/
Start a business bank account with a local bank or credit union, get a few business checks to start off with
https://www.naics.com/ to set up your NAICS code for industry classification code
Magic Jack for landline for your company: https://www.magicjack.com/account/mjLandingpages.do?page=index
Quill.com to establish a foundational account/Net 30 "primary piece of establishing credit to get charge accounts and structured loans"
Thanks for listening!