Stage One of the Business Credit Success Guide
How to Build Small Business Credit with No Personal Guarantee

Step 6 ~ Licenses, Permits & Tax Documents

Along with running your own business you are faced with the tedious and often overlooked tasks of keeping your business compliant with all local, state and federal regulatory agencies.  It is important to keep information current on your business license, registrations, permits and other associations specific to the business industry. The most common mistake business owners make when attempting to obtain financing is missing or incorrect information in these areas. Business credit issuers will make sure you are complaint on all levels before lending to your business.  Take advantage of the resources we provide below to file the required documentation to operate your business that will keep you in the best light for financing down the road.

Whenever possible, we like to provide you with free options for our steps and this is one that can be done with a little research. Visit the website below and learn about every type of compliance filing that might be required of your business and contact the recommended governmental bodies in your respective state.

Entrepreneur.com Article ~ Business Licenses & Permits
SBA.gov ~ State Licensing Departments

We also realize the majority of small business owners are too busy to continually research and file the proper documents so we recommend using MyNewCompanyForms along with QuickRecords Compliance Service to alert you of any necessary filing changes.

There is plenty more to come and before long you will be able to start applying for business credit with no personal guarantee!