The first step is to
set us a business account with a bank. It is best
to build credit with one bank. If a client pays
you $50,000 to do a job why not put that money in
the bank and borrow the $50,000. Many small businesses
have established massive amounts of credit for new
facilities, and equipment by using this system.
You may have to start out with smaller amounts,
but you will eventually build the credit that you
need by doing this.
Joining the local Chamber of Commerce
as a business can be tremendously helpful. They
will provide luncheons and other meet-and-greets
were you can socialize with your local bank reps
(great help when applying for a loan, or rounding
up new clientèle and vendors). |
