Stage One of the Business Credit Success Guide

How to Build Small Business Credit with No Personal Guarantee

Steps to Properly Structure a Business

Welcome to the initial step in our guide to build small business credit. Whether you are just starting a business or seeking business credit for an existing business it is important that you go through each step thoroughly and implement each and every step to give yourself the best chance at success.

20 Steps to Properly Structure a Business to Build Business Credit

1. Establish a business presence

2. Choose a business name
3. Choose a legal entity and file appropriate documents
4. Develop a business plan
5. Obtain a tax identification number
6. File licensing, permit and tax documents
7. Draft operating documents for the business
8. Obtain business insurance
9. Establish business phone system and directory listings
10. Establish an email and web presence
11. Create business collateral materials
12. Open a business bank account
13. Setup accounting and record-keeping system
14. Start your marketing efforts
15. Systemize your business
16. Run your business
17. Keep your business in good standing
18. Establish trade references that report to business credit bureaus
19. Monitor your credit files and update references
20. Obtain the capital and financing your business deserves

This is the beginning of Stage One, to nagivate the pages of this stage either click the numbered steps or the directional arrows on the bottom. Thank you in advance for taking the time to go through each page thoroughly.

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