Start by having a business that's either been running for 2 years or buy an older company (called an Aged Corporation). If interested in more information on Aged corps DM Admin in your private group. If you don't have a physical place for your business, get something called a "virtual office." Think of it like having a hidden office just for your business. This is great because it keeps your home address private and safe. Also, it's what most folks who lend money to businesses prefer, because it separates your business from your personal life. Here is your Link for your virtual address, Phone, and Fax number all in one for $99 a month. Post questions in private Facebook group.
Now, here's something easy and free. You need to get what’s called an E.I.N. (Employee Identification Number) It's like a special ID for your business, and you can get it from the IRS for free. Just click on this link: IRS E.I.N. Application.
Now, let's talk about something important: getting a Dun & Bradstreet number. Without this special number, you won't be able to build business credit. Dun & Bradstreet is like the credit checker for businesses. You can get your Duns number for free by going to this website: Dun & Bradstreet Number Application. It might take up to 4 weeks, but usually, it's done in just 1-2 weeks. If you're in a hurry, they have options to pay extra to get it faster.
Now, let's make your business look even more real by creating a logo. You can make one yourself, or if you prefer, you can hire someone from websites like www.upwork.com or www.fiverr.com to do it for you. When lenders visit your website and see your logo and business info, it'll make your business seem trustworthy and official.
Now, let's talk about getting a website for your business. Many people who lend money to businesses like to see a website. If you want to make a website, you can easily use websites like www.domain.google.com, www.godaddy.com, or www.wix.com. They have ready-made designs that are easy to use, like templates. If you're not sure how to make a website, you can also hire someone from www.fiver.com to help you design it. The website can be just 1-3 pages.
Now, it's time to list your business. You can do this by adding your business to websites like www.listyourself.net, www.instagram.com. These places let you create a free listing for your business.
Now it’s time to open an account with www.nav.com it’s $39.99 a month to monitor your personal and business credit. They report your premium account to the business bureaus like D&B so that means it helps your business credit score.
Now, If you bought an aged corporation from a different state than where you live and want to do business in your home state, you need to do what’s called a "foreign filing." It's like telling your state, "Hey, I want to do business where I live! " To do this, go to the Secretary of State website of the state where you want to run your business. Follow their instructions to foreign file your business. After everything's done, they'll send you the foreign file official papers that say you can operate your business now in your home state.
After you get your official business paperwork, like Articles of Incorporation and/or the foreign filing docs, it's time to open a business bank account for your business. You can choose from banks like www.chase.com, www.navyfed eral.com, or https://relayfi .com/.
Once you've established a business bank account, you can now start building business credit by applying for different Net 30 creditors/vendors. Here's a small article defining what Net 30 accounts are https://tipalti.com/net-30/.