« My bookses. . .Iron-on/wash awayCouple of New Coaster notebooks in our Etsy storeTwo shows this weekend...Happy Thanksgiving!Show Tomorrow!New Shell Line Debuts this FallGallery Opening tonight, Show in North Conway this...More cool journalsLast Farmer's Market! | Home

Wednesday, February 13, 2008

On creating business credit

There's an interesting article in the NYTimes Small Business section about establishing business credit. How to Improve Your Business’s Credit. It has a list of steps to take, none of which sound that hard, that will help your new business establish a credit rating. The basic steps are:
  • Name and establish your business
  • Get an EIN from the IRS
  • Get a business phone number
  • Open a business checking account
  • (all of these steps so far make sense even if you never want credit)
  • Take your business phone bill and checking account info to your local Staples *(or any local/small town merchant who knows you personally) and get a line of credit.
  • Ta-da!

Labels: ,


Post a Comment

Links to this post:

Create a Link

<< Home