About Lesson
Laying Your Foundation
Your foundation consists of your entity formation, business location, information directories, business phone, website and email, licenses, bank account, directory listings and credit agencies.
The Foundation
The foundation of building strong business credit starts with making sure that every agency, creditor, supplier, and trade credit vendor has your business listed the exact same way. You must be consistent with the spelling of your business name, address and phone number.
The following agencies are vital to your business financing and business credit building success:
1. Your State/ Entity
2. Your County
3. Your City
4. The IRS
5. Your Bank
6. Directory Listings
Please take the time necessary to update all of your information including the IRS, Landlord, Bank, State, Power and Phone Company.