Help you Start & Market Your Business
As marketing evolves to meet the needs of changing technology and consumer habits, you're business must evolve as well.
Let us take your business ideas and make them into reality. We have courses to do it yourself or you can sit back and leave it to the Professionals.
Why do you need Credit?
Like it or not, there’s a definite need to establish credit responsibly in order to achieve your dreams and purchase things you want. You need credit so you can:
Buy a dream home. This means getting approved for a mortgage (unless you plan to save up hundreds of thousands of dollars). Until that day, you’ll still need good credit to be approved to rent a decent apartment.
Get better insurance rates. Insurance companies consider your credit rating in determining your premiums.
Receive an upgraded education, which usually means applying for student loans or financial aid that will need to be paid off after you graduate.
Invest in your future so you’ll have a better chance of success. If you want to invest in real estate as part of your retirement income later or start a business so you don’t have to work for someone else your whole life, you need to establish a good history of using credit.
Business Marketing Course
Why is Marketing so important for your business?
Marketing informs your customers about the products or services you’re offering them. It will even help you get employees.
Through marketing, the customers get to know about the value of the products, their usage, and additional info that might be helpful to the customers. It creates brand awareness and makes the business stand out.
There’s stiff competition in the market and you need to be a constant voice to convince the customers. Inform your customers of discounts and other competitive tricks you intend to use.
Through communication, marketing helps your business become a market leader.
What is Business Credit?
Just like you have a personal credit score, your business also has a credit score. Business credit is a track record of a business’s financial responsibility that companies, investors, or financial organizations use to determine whether or not that business is a good candidate to lend money to or do business with.
There are a number of agencies that calculate business credit, and each agency has a different calculation method, but typically this is a ranking from 0 to 100. The higher the number, the lower your calculated risk. Maintaining a score of 80 or higher is a good rule of thumb.
Common factors that impact your business credit are public records, such as liens or bankruptcies, credit, such as outstanding balances and payment habits, and demographic information, such as business size and years on file.
Why is Business Credit Important?
Strong business credit can help you grow your business. Many banks, investors, and companies rely on your business creditworthiness when setting loan terms, determining insurance premiums, increasing lines of credit, or considering you as a viable partner.
According to the Small Business Administration (SBA), insufficient or delayed financing is the second most common reason for business failure. Because anyone can view your business credit score—it’s not confidential—it’s important to establish business credit from the start to receive better interest rates, loan terms, and negotiation leverage on payment periods with suppliers.
As a small business owner, separating personal credit and business credit is also important. Think of your business credit as a wall dividing your business decisions from your personal credit history. Rather than being linked to your name and Social Security number, business credit is linked to your business entity and separate Tax ID number.
This separation can remove potential funding obstacles that could prevent your business from growing. Likewise, it limits your personal liability while running a company—in the event, your business went under, your personal credit would be protected.