WHAT'S YOUR BUSINESS CREDIT SCORE? [GOOD CREDIT, BAD CREDIT, NO CREDIT]

WHAT'S YOUR BUSINESS CREDIT SCORE? [GOOD CREDIT, BAD CREDIT, NO CREDIT]

Attention small business owners!! As a small business owner myself I am ALWAYS looking for ways to grow my business and one of the main ways to do that is with financial security and making moves to make sure my business is ready for growth when opportunity comes knocking. On the other hand, I also understand that in the world we live in today, small business always have to stay ready for the unimaginable and unanticipated (like a COVID-19 Pandemic shutting the whole world down!!!). With all that being said business credit is something that any small business owner needs to understand and start building. If you just opened your small business and you are looking at this video thinking to yourself "business credit" I never even thought of that! Please tune in. This is just a basic introduction into business credit to get you started. Just like personal credit (that you track on a regular basis - or at least you should), business credit is important for a business growth potential and also to get rewards for just paying your business bills (think travel rewards, discounts on business supplies etc.)

In this video, Tracey talks about business credit basics including the credit reporting agencies that track business credit scores and what each score means. Also, watch to find out what business credit card Tracey uses for her business which may be helpful if you are looking for a business credit card for your business (let's be honest there are so many to choose from and deciding on one can be a challenge).

Also, check out these links that provide additional information about business credit including how to learn what your business credit is and how to increase your score:

https://smallbusiness.experian.com/main.aspx?offercode=SBCRGoogle%2Bbusiness%20%2Bscore&WT.ti=%2Bbusiness%20%2Bscore&WT.srch=1&bcd=ad_c_sem_7_355293369020&k_id=_k_Cj0KCQjwxdSHBhCdARIsAG6zhlW-ybx4xlF3OYSZcemVJjIk2dUHBP1C3xBpSB-exzOTq-Lyl7rruYcaAgdvEALw_wcB_k_&k_kw=%2Bbusiness%20%2Bscore&k_mt=b&gclid=Cj0KCQjwxdSHBhCdARIsAG6zhlW-ybx4xlF3OYSZcemVJjIk2dUHBP1C3xBpSB-exzOTq-Lyl7rruYcaAgdvEALw_wcB&link=5558

https://www.creditkarma.com/advice/i/build-manage-small-business-credit

https://www.dnb.com/resources/business-credit-report.html

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