Business Credit Builder Package + Ebook + Workshop Ticket

E-Book & In Person & Digital Workshop Access

Deliverables include:

• Overview of Business Credit: Explain the importance of business credit and how it differs from personal credit.
• Benefits of Business Credit: Discuss how having strong business credit can unlock financing, business growth, and better supplier terms.

• Credit Reporting Agencies: Brief overview of major business credit bureaus like Dun & Bradstreet, Experian Business, and Equifax Business.
• How Credit Scores Are Calculated: Explain the factors affecting business credit scores (payment history, credit utilization, etc.).
• Checking Your Business Credit: Provide a guide on how to check and interpret business credit reports.

1. Legally Form Your Business:

   • Ensure business is registered with the state.
   • Obtain an EIN (Employer Identification Number).
   • Open a business bank account.

2. Separate Business and Personal Finances:

   • Importance of using business accounts, credit cards, and keeping separate financial records.

3. Establish Credit with Vendors

4. Identify vendors and suppliers that report to business credit agencies.

   • Apply for net-30 accounts (e.g., Uline, Quill) to build early credit.

    

5. Apply for Business Credit Cards

   • Start with secured business credit cards if necessary.
   • Use business credit cards wisely to build a positive history.

6. Monitor Business Credit Regularly:

   • Regularly review credit reports for accuracy and correct any errors.

Building Business Credit Fast 

• Trade Credit Accounts: Focus on vendors that report regularly to credit bureaus.
• Business Line of Credit: Teach how to qualify for a business line of credit.
• Secured Business Credit Cards: If starting from scratch, suggest applying for secured business cards.

Workshop Activities (Hands-On) 

1. Business Credit Registration Setup:

   • Assist attendees in applying for their EIN and DUNS number (Dun & Bradstreet identifier).
   • Help them set up their business on major business directories and credit reporting platforms.

2. Building a Vendor List:

   • Have participants create a list of potential vendors they can open accounts with. Provide guidance on which ones report to business credit bureaus.

3. Applying for Business Credit:

   • Walk participants through the process of applying for business credit cards or lines of credit.
   • Create action plans for maintaining positive credit activity (e.g., automated payments).

4. Creating a Business Credit Monitoring Plan:

   • Show participants how to set up monitoring with platforms like Nav, Dun & Bradstreet, or Experian.

• Allow participants to ask questions about specific credit-building challenges.
• Provide actionable next steps for attendees.

• Credit Builder Checklist: Provide a step-by-step checklist that outlines all the critical actions participants need to take to establish and grow their business credit.
• Workshop Workbook E-Book: Include templates, action plans, and a list of resources such as vendors and credit monitoring services.
• One-on-One Consultations: Offer the opportunity for private credit coaching sessions or audits.

We will schedule your workshop via zoom or in person 24-48 hours after payment has been received.