01/11/2021
FAQ:
How Do I Form A LLC?
Each state may have different requirements & fees.
1. Choose a name for your LLC.
2. File Articles of Organization.
3. Choose a registered agent.
4. Decide on member vs. manager management.
5. Create an LLC operating agreement.
6. Comply with other tax and regulatory requirements.
7. File annual reports.
8. Out of state LLC registration.
What is D-U-N-S?
The Data Universal Numbering System.
D-U-N-S Number is a unique nine-digit identifier for businesses. It is used to establish a Dun & Bradstreet business credit file, YOU NEED THIS!
What is a good business credit score?
• Business credit scores are often scored on a 1-to-100 scale.
• Unlike personal credit scores, business scores are publicly available.
• Businesses are tracked by their EIN, business name/address.
I’m a small business do I need credit?
Yes, in fact good credit scores can enable you to take out business loans at lower rates, or qualify for lower insurance premiums. Yes your business needs insurance (next weeks topic).
Good business credit makes your company look good to investors, potential business partners and insurance companies.
