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You are here: Home / Archives for business credit for new business

What is the Best Way to Build Business Credit for a New Business?

November 9, 2011 By Marco Carbajo

Business Credit for New Business

The best way to build credit for a new business is to first structure your company so it is treated as a separate legal entity. business credit for new business

If you currently operate your business as a sole proprietorship then you are personally responsible for all the debts and liabilities of your company. If your company is sued or fails to meet its payment obligations then you risk losing personal assets and good credit ratings as well.
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Filed Under: Business Credit Tagged With: build credit for a new business, business credit for a new business, business credit for new business, business credit for your new business

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