The Integrated Entrepreneur
Welcome to The Integrated Entrepreneur with Jonathan Fodera, hosted by founder, author, public speaker, investor and entrepreneur Jonathan Fodera. On this podcast you'll learn strategies on how to become a better operator, how to acquire more clients for your company, how to retain those clients, valuable lessons, and how you can avoid the mistakes that Jonathan has triumphed on his path to $500M+ in financing for business owners and entrepreneur's.
The Integrated Entrepreneur
Lift Off! How to Launch Your Business Credit
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summary
In this episode, Jonathan Fodera discusses the significance of building business credit for entrepreneurs. He explains the challenges faced in establishing business credit, the importance of separating personal and business finances, and the foundational steps needed to build a strong business credit profile. The conversation covers essential fundability factors, the process of obtaining business credit accounts, and the long-term benefits of maintaining good business credit.
takeaways
- Building business credit is crucial for entrepreneurs.
- 93% of companies do not report to business credit.
- Business credit helps separate personal and business finances.
- The best time to build business credit is as soon as you start.
- You need a business bank account to establish credit.
- A business phone number cannot be a Google voice number.
- Never use a PO box for business registration.
- You can build business credit yourself without hiring help.
- Pay back business credit at the end of the month to build credit.
- Maintaining a low debt-to-income ratio is essential for good credit.
🎙️🚨 PODCAST GIVEAWAY 🚨🎙️
Apple Podcast: https://podcasts.apple.com/us/podcast/the-integrated-entrepreneur/id1721945867
Spotify: https://open.spotify.com/show/44djZ5wR9cyqTAKJs8DyEX
Subscribe to the podcast and email poof of subscription to jviccora@integratedbusinessfinancing.com.
🎁🏆 PRIZES 🏆🎁
🥇 Capital Tools Program ($1,999.00).
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Podcast Info: https://feeds.buzzsprout.com/2285267.rss
Apple Podcast: https://podcasts.apple.com/us/podcast/the-integrated-entrepreneur/id1721945867
Spotify: https://open.spotify.com/show/44djZ5wR9cyqTAKJs8DyEX
Also Check out:
Built 2 Exit Assessment: https://jonathanfodera.builttoexit.biz/.
Join Jonathan in the Capital Tools Program: https://www.thecapitaltoolsprogram.com/home
Jonathan's Facebook: https://www.facebook.com/John.fodera.3
Jonathan's LinkedIn: https://www.linkedin.com/in/jonathan-fodera-391a98a1/
Jonathan’s Instagram: https://www.instagram.com/jonathan.fodera
Integrated Business Financing Website: https://www.integratedbusinessfinancing.com