The Small Business Tax Help Blog

Posts Tagged ‘handy’

Question: will getting a business cell phone help build my credit?

well i started a business 6 months ago i have my EIN and havent opened up any accounts, my personal credit is shot from some bad mistakes in my teen years. and want to know if getting a business cellphone with verizon, at&t, sprint etc…… will help me on the start to good business credit…..

Answer: No. They do not report on your credit report.

You can have credit that DOES report on your credit report under your business name however

Just open accounts as you dba ….(name of you business)…

The only bad things is that unless you want B2B accounts in the future your personal cred will be run too, so your past bad credit will still drag you down some for a while…but the most helpful thing would be to establish new credit under BOTH your personal and your business, and to try to negotiate with past businesses who placed the derogatory credit items to either delete them or soften them.
Time + new paid as agreed accounts = higher and higher scores, month=by-month

Coffee at the petrol station

I went through four ministers of education before finishing school. Lest I forget, I also went through a devastating earthquake that claimed hundreds of lives. I cheered with the crowds when Egypt’s national football team, coached by Gohari, qualified for the world cup.

‘Telectroscope’ Allows View Across the Atlantic