How To Build Business Credit as a Sole Proprietor but QUICKLY
HTML-код
- Опубликовано: 3 авг 2024
- Step-by-step guide to building business credit as a sole proprietorship.
[Free Training] How To Start a Six-Figure Business with $250 - moneysmartstartup.com/how-to-...
[Startup Course] Money Smart Startup - moneysmartstartup.com/money-s...
Timestamps:
Intro: (0:00)
What is business credit?: (1:25)
Benefits of business credit: (2:32)
How to build business credit: (6:08)
How to calculate your business credit score: (12:23)
Free business credit? monitoring(13:30)
Subscribe: bit.ly/2HJlq46
Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!
///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
![How To Lease A Car In Your Business Name [STEP-BY-STEP]](/img/1.gif)
Thank you for speaking slowly for the people in the back
My pleasure! Thanks for watching.
I’m in the back and I very much appreciate it too
Right truly agree . Very clear ❤
Im sitting in the last seat by the window scrunched
@@tashagotit7747 as long as you are in the room ❤️
Been loving the content. I’m trying to start my own business but want to learn before I jump in the pool. And since finding this channel I haven’t been watching any others other than just to see common things but this channel is by far my new fav.
I learned yesterday that you can only have one EIN per person if you are a sole proprietor. So if you have multiple hustles as a sole proprietor ...same EIN. You have to call the irs and have them issue you seperate letters with each DBA name. Can't be done online.
Separate letters of what?
Thank you for speaking slowly and clearly so my dum dum brain can understand
Great information!
Great video!!
Great Content ✊🏾
Ty for the tips!!!
Thank you so much.
Helpful info
Thank you 🙏🏽
Thank you, I learned so much.
Great Video! 🔥🔥🔥
thanks for the info
Awesome video thank you!!
Thanks for sharing knowledge.
Helped me out!
Great info! Thank you!
Valuable information. Like button and subscribed.
Amazing Info! Thank you! 🤗
Thanks for the information, greatly appreciated
I love this vid. Very informational and spoke at a speed I could understand. Didn’t damn near rap it to you like a bunch of other videos
Great content
Best video on RUclips for this type of content
Definitely appreciated the information. May have to hire you.
this was very helpful and explained very well for newcomers to understand thank you very much ill leave another comment after i put it all together thank you again
Thank you so much for this video. It was so helpful and confirmed exactly what I thought.
Glad it was helpful!
Thank you
This was super helpful. Thank you!
My pleasure!
Excellent clear presentation!
Glad you enjoyed it!
Thanks 😊
This video was informative.
Glad it was helpful.
Great information 👍
Thanks, Kendra!
I just became a sole prop. And i got my ein. Im soo excited. Now i need business credit
You got this!!
Just finished my instagram marketing class lastnight with MESO!!!!! Thepresentation was absolutely incredible.... The resources and the AMOUNT she was able to show in two hours was mindblowing.!!!! I highly recommend to all and ANY new biz!!!!!!!!!!
Meso # BIZZY LIZZIE!!!! # sweeet cheecks suzanne :) EVERY ONE AT ALL MESO LOATIONS!!!!!!!
#MESO #SMALL BUSINESS!! #2022 #LETS GO
I love SOLE PROP !! Yes, business credit for SOLE PROP... No other UTUber has done this training... Thanks!
This information is definitely needed! Thanks for supporting.
Thumbs up and this was a great content video for starters. I would still prefer to establish an LLC, just my personal preference. I am concerned about the personal liability if the business does not succeed as expected. Took notes. Thanks for sharing. Great content for newbies. Thank you.
Your step by step format is what I need to actually make my business dream a reality, ty!
Love that! Thanks for watching.
Greetings! Love the channel ❤
What business banks and credit cards would you suggest for newbies?
Thanks
Thanks so much for the information. I'm just a little confused as to how if you are sole proprietor your business credit will not affect your personal credit considering there's no legal separation. Would you happen to know where I could find information on that? Thank you!
I believe the ein is the bridge
Great video, I was told that you need at least 10k for 3 months in an account to get a Grade A Bank Rating. Are there different levels above Grade A or how does it work?
Is DBA almost like an LLC? Or if I have LLC I should still DBA . Love the video, excellent information
They are not the same. A DBA is not a legal entity and does not provide liability protection like an LLC can. It simply allows you to file with the state and not use your personal name for the business. There is no reason to have a DBA as an LLC unless you want to rebrand for some reason. Hope that helps.
There is a New Testament verse that says we should be 'Slow to speak. Be quick to listen. Slow to wrath.'
Big boy kudos to the RUclips Creator.
Ok
So say I’m a sole proprietorship with a ein, is it possible to get the same amount of funding and high limits as if I had a LLC?
Taking on debt just seems to risky. I wanna organically grow
Is dun n brad necessary? i dont think so
I know this video is 2 yrs old, how ever for anyone that knows. Quick question; I can’t afford to rent a business place to have a business address, would it make it a problem and stop me from growing the business by using my home address ??? Thank you.
I have my EIN already. I will have to work backwards I guess.
I am a sole proprietor, but the name that I created for my business is what's attached to my EIN. I created a business name instead of using my name. I listed it that way when applying for my EIN. Is this known to be common? Because as I'm listening to you...sounds like sole proprietors do a DBA. I never did a DBA. With sole proprietors, you and the business are one...but now I think I'm a bit confused. Am I supposed to have my name listed as my business on my EIN paperwork and then do a DBA?
This guy pretty much laid out the blue print even gave you the Buisness where to order product from to start getting your Buisness going and getting credit for the established for your Buisness soon as you start
Had to sub, like, & comment. Dropping gems for sole proprietors like me. 💎
I applied for all the cards under my EIN number..and was denied by all cards..I know my Personal Credit is not good so i take it that they do use ur Personal..and Some of these Business bank accounts was denying me as well..Im so over it & Confused
Quick questions: Did you set up a business address (not your home address or a PO Box), business phone number(not a Google phone number or your cellphone), business email (not a gmail, yahoo, etc)and website before you applied for your cards? If so, did the address and phone number on your EIN paperwork match EXACTLY as your business details ? If not, that will automatically disqualify you also.
Were are yall located
Based in Atlanta but are fully remote.
How can I contact you
Hello,
Are u looking for a RUclips thumbnail designer?
Cool so soke prop, dba to add seperation, apply for ein, get business phone number, business bank acc under dba, pay all transactions thru biz bank, det a dnb #, establish trade lines with atleast 3 such as shirtsy uline and quil, get biz credit card, look at credit report like nav or credit signal to detect any inaccuracies
Good info but I feel like I'm listening to the wheelchair kid from Malcolm in the middle
Thank you