By Walter Nunez & Yhordan Serpentini
There are plenty of tips you really need to know about business credit before you start your small business. Here are a few of our recommended tips for understanding your business credit.
3 Tips About Business Credit
- Good business credit will save you money. Your business will save money on loans, credit cards, lines of credit, and even insurance. How much might it cost you in the long run to ignore business credit? It could add up to thousands.
- Keep your business credit and finances separate from your personal credit and finances to the greatest extent possible. It should go without saying: mixing the two can mess up both your business life and your personal life. So keep these two financial worlds separate.
- If your business doesn’t have a credit report yet, it means that you haven’t taken important steps to build your business credit yet.
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