How to Build Business Credit Fast in 2024 [Step-by-Step]
There are specific steps and actions you want to take when you're looking at how to build your business credit fast in 2024.
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In this video, what I want to do is talk about:
- What you can do with business credit
- The steps you need to take to build business credit
- And share tips and stories throughout the way
Timestamps
How to Build Business Credit in 2022 (0:00)
Business Credit vs Personal Credit (1:40)
Why Everyone Should Establish Business Credit (3:30)
9 Steps to Build Business Credit Fast (5:04)
Business Credit & Debt Risk (11:06)
Important to Know (13:04)
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Hey, I'm Sean with lyfe accounting. The accounting company that helps you save on taxes and build more wealth. Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!
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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).
Пікірлер: 66
The information I needed at the perfect time ! 👏👏👏👏
Awesome checklist! Thank you!
Yes! Thank you!!!
Thank you brotha 🙏🏾 💯 💪🏾
Great video, great channel. Thank you
When knowledge worth more than a dollar amount. Teach a man how to fish, he can feed his family forever.
@LYFEAccounting
2 жыл бұрын
I couldn't agree more, Dorell! That's why we love to teach the real "how" on this channel.
#replay - Value Bomb - Great info & video! - Keep up the great work! 🙏😎👍🏽
Thank you for the knowledge
Great content as always, thanks for the motivation and keep up the good work!
@user-by6io6qu4b
2 жыл бұрын
i have been trying to fix my credit and getting funds till i was recommended to john and he boost my score also got me huge finance .. check him out he will do the same thing to you that you can never imagine.!!!
Thank you sir
I really appreciate this video, and your series as a whole. It has been eye-opening for me coz I thought I had some things in place, but I didn't. Thanks for clearly laying out one of the most important plans we need to do as new entrepreneurs, and increasing our thirst to learn more. God bless.
Excellent presentation; appreciate the LLC debt accountability clarification
@Misspattylove7
2 жыл бұрын
Me as well.
Yes
great video
Lets go!
I'm going to start a business within this year and i have watched a great deal of your videos. I'd like to thank you for motivating me. I'll take the risk
@DomGuam
10 ай бұрын
How did it go?
@AL-dd6bl
10 ай бұрын
@DomGuam i ended up getting a LLC, a bank account, a phone number, and website. but since was opening a storefront i didnt have an address I couldnt get business credit. Then I moved states, so i have to do it all again.
@DomGuam
10 ай бұрын
@@AL-dd6bl wait so you can’t get a business credit card if your business address is your address?
@AL-dd6bl
10 ай бұрын
@@DomGuam Yeah
@AL-dd6bl
10 ай бұрын
@@DomGuam my business idea wasn't the type i could conduct from home.
Good information
You have been so much help with me opening my business. I can't wait until the day I can come back and Thank You with $ i will NEVER forget yeah. You have the BEST VIDEOS. thank you for your help👍💯✔
I was the 1k person to like the video! I feel important lol!
Never too late to the party 🥳 👋
what do you do after you build business credit?...no one really talks about that....please make a video on that. thank you so much for all your work.
Question: can I 1) build credit with just a business credit card, 2) go with opening a line of credit, 3) or both?
7:17 How would this work with a Holding Company (HC)? Would I set up every business for their own individual line of credit since the HC isn’t doing any business?
How do I know if I’ve been added as a pg when applying for a business credit card?
do you have a video for self-employed on how build business
How do you register a holding company to be owned by a trust
Can u build business credit before or without no business? And without using ur personal credit?
How do you get a business credit card with no business credit?
💯💯✌
Hey, I have a bank account that’s just second account with my primary bank can I use that as my business account or do I need to actually apply for a business account? All my transactions on this account are only business related and can be proven with documentation.
I get alot of business credit from different banks there mails but idk bc I don't like credit cards and loans I just want only business Grants only with me
Any suggestions on banks to open a business account
@LYFEAccounting
2 жыл бұрын
I personally use Bank of America, but I also make some other suggestions in this video: How to Use a Business Credit Card: kzread.info/dash/bejne/aaOGlJuofK_VobA.html
Can get contact for company taxes
Well said. As for Amex...YOU will be severally (not severely) and individually liable (meaning separately & on your own) for repaying that debt 💸
@user-by6io6qu4b
2 жыл бұрын
i have been trying to fix my credit and getting funds till i was recommended to john and he boost my score also got me huge finance .. check him out he will do the same thing to you that you can never imagine.!!!
Government contracts went away from DUNS and uses a SAMI number now.
@alrightnow7248
2 жыл бұрын
So is this a good thing or bad?
@alrightnow7248
2 жыл бұрын
The above comment is for inalienable rights
Can you Operate in New York City
Will this all apply if you are a 501c3 non profit?
@toknow6057
2 жыл бұрын
Some info like getting the EIN and apply for business credit card...
Can I get an EIN number and build business credit without a LLC?
@gloriaadebayo4477
Жыл бұрын
Hello Nicole EIN, LLC, business credit, business checking account. You can contact paul for assistance. He will sort you out ASAP
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Wait you did this video in 2022??? Seems you changed the name! 😂
Anyone here got business credit for real estate?? Im currently searching
Are you Robert Townsend's son?
@LYFEAccounting
2 жыл бұрын
I should really start telling people that 😂😅
@KimontheWeb
2 жыл бұрын
@@LYFEAccounting HA lol either way great content thanks for sharing! :)
Credit Burrow? Lol
😂 😂
@cherylwhite6010
Жыл бұрын
What’s the DUNS
Is he wearing pants?
Hello. Is there any way to contact you outside of this forum? I would like to speak to you about representing my company in a paid sponsorship video.