What Is a Corporation? Separate from business owners, corporations are their own legal entity which the owners control through the shares they have in the company. When incorporating, you will have the opportunity to state how many shares you own as the register of the corporation. For a one-person corporation, this will be a 100 […]
As a business owner, it’s important to understand the difference between your personal credit score and your business credit score. Personal credit is what you build by showing trustworthiness when it comes to paying your bills on time and in full, from credit cards to automobile loans to home loans. Doing so increases your credit […]
Make payment on time Payment history is key when it comes to establishing a good credit score, a recent late payment can cause as much as a 90-110-point drop on a FICO score or 780 or higher. To avoid drops it’s a good idea to set up auto pay on all your payments so you […]