{"id":7153,"date":"2013-05-07T13:27:15","date_gmt":"2013-05-07T18:27:15","guid":{"rendered":"https:\/\/samplewords.com\/?p=7153"},"modified":"2019-12-02T12:16:49","modified_gmt":"2019-12-02T18:16:49","slug":"business-credit-checklist","status":"publish","type":"post","link":"https:\/\/samplewords.com\/business-credit-checklist\/","title":{"rendered":"Business Credit Checklist"},"content":{"rendered":"
Business credit is the lifeblood of any company whether large or small. By establishing and maintaining a positive business credit profile you’ll avail your business to lower interest rates, more options for loans and notes as well as numerous other credit advantages.<\/p>\n
There are high numbers of business owners that don’t properly understand all of the facets of achieving a strong credit rating so we will cover some of the main points here. Following, we have provided a printable business credit checklist that can be downloaded below to assist you with putting together an organized approach to managing your business credit rating.<\/p>\n
The first and most simple steps that many business owners overlook are identity and consistency. Factors of business identity are crucial to establishing business credit. If your business has evolved over a period of time you’ll need to be sure that your business identity is consistent everywhere. Changes to address happen from time to time and that is natural. Be sure that your current address and contact information is on file everywhere.<\/p>\n
Next, if your business has been around for a long time you may have changed the name, or began shortening the name used on certain documents. Take for instance a business originally named Jones Hardware and Service Company. Over time this name could be shortened to Jones Hardware Co, or just Jones Hardware when completing a company profile online or when completing a credit application. This is very common. The first exercise in obtaining the good credit rating and business reputation you deserve is to be certain that all of your business documentation, loans, accounts and other items all contain the same form of the business name.<\/p>\n