Archive for March, 2010

How to Build Your Business Credit Profile

Wednesday, March 31st, 2010

BusinessFinance.com, has published their free book “Business Credit Profile – How To Build Yours Fast”. This e-book serves as a manual for those interested in starting a business without using their personal credit to obtain business financing.

A workbook, “Business Credit Profile – How To Build Yours Fast”, shows the readers the steps necessary to separate their business credit from their personal credit. By following the steps laid out in this workbook, businesses will build good business credit scores. Having good business credit scores will increase the amount of business credit that the business can qualify for with lenders.

BusinessFinance.com offers many more valuable e-books such as, “How To Prepare & Present A Successful Business Funding Request”, “Start A Business – Where To Begin and How To Grow”, and “The Art & Science of Obtaining Venture or Angel Investor Capital”. These workbooks are available online and for free download.

To further assist start-up and growing companies, BusinessFinance.com features the Business Finance Coach. The Business Finance Coach is a unique, comprehensive online tool that assists business owners to set their business up the way lenders want it, to establish excellent business credit scores with the three business credit reporting agencies and to steadily grow their available business lines of credit.

BusinessFinance.com is a business capital search engine, which has a searchable database of the lending and investing criteria of 4,383 sources of business capital. Business owners can search it for free and match their capital needs to the approval criteria of funding sources.

For more information, visit businessfinance.com.

Propelling Home Bodies To Success

Wednesday, March 24th, 2010

Imagine the government run, Small Business Development Centers and their success with small business development, then take it a step further (or perhaps more appropriately back) toward home. The new website of the Home Based Business Development Center is positioned to eliminate confusion and help success-minded entrepreneurs start their own home based businesses. As a home business resource, it will prove to be one of the best on the web.

Visitors will find the steps to starting a business, affiliate marketing tips, and free templates. They can learn how to choose a franchise, discover the proper legal structure for business, or write their own home based business plan using free templates. Register a new business entity with the IRS, with direct links right to their site or attend video workshops or online business courses, and they are all free.

Statistics indicate over 749,987 home based businesses are initiated each and every week.

For more information, visit home-based-business-development-center.com.

Building Business Credit Profiles Separate From Company Owners

Wednesday, March 17th, 2010

Kevin Wessell, CEO of Los Angeles based Companies Incorporated, a company formation firm, launches a resource helping businesses to build credit that all small business owners should take seriously.

Wessell heads the firm that provides corporation formation in all 50 US states and in most countries of the world, asset protection, offshore trusts, international bank accounts and estate planning. Also, the company provides a popular service where they build the credit profile of a business. Information on Mr. Wessell and CI’s suite of services for businesspersons can be accessed via their web site.

Building business credit is a journey that every entrepreneur may want to consider. The process is laden with technicalities that suggest a professional should guide the procedure. Wessell’s firm has mastered this process and developed relationships with business credit providers. Mr. Wessell then hired and trained a business unit that provides hands-on coaching to his corporate credit program customers. His system reduces the time necessary to build credit on your own, typically 4-6 years, down to 4-6 months or often as little as 30 business days.

Companies Incorporated has been offering Corporate Credit programs for several years and in development with a multi-tier offering to the small business community with complete business credit services. Launching this educational series is the first step.

In addition, many non-financial benefits are related to having a separate business credit profile. The primary reason many Companies Incorporated customers incorporate their business is for liability protection. If the formalities of operating a legal business entity are not followed, this liability protection can be jeopardized, or it can weaken the corporate veil. If business owners co-mingle corporate and personal financial matters, this could lead to alter-ego perception of the business entity, therefore compromising a main benefit of owning an incorporated business.

For more information, visit companiesinc.com.