To start, if you need to open your business go to our Land Enterprises, LLC blog for tips.
Once you’re up and running maintain good credit with your vendors. Separate business and personal expenses, set up a business checking account. Monitor your credit, if you want to try a 7 Day $1 trial here is the link.
Additionally, an Employer Identification Number (EIN) is a unique identification number the Internal Revenue Service (IRS) uses to identify your business. You apply for one via the IRS.
It’s to my understanding that even though you use your EIN, your credit is still a factor. Therefore, it’s a good idea to be aware of your scores. I’ve included resources throughout this blog with hopes to assist you while on your financial journey.
5 Star Processing
Also, you can establish an unsecured credit card with 5 Star Processing.
Business Bank Account, Minimum Personal FICO® of 300+, EIN/TAX ID Number. 5 Star is a great option for business owners without a strong credit score! This a great way to build your score.