Business To Commaz

What is the main benefit of having business credit?

• Higher personal credit score

• Access to funding for business growth

• Lower Taxes

• Increased Personal Income

What is the purpose of creating a unique business name?

• To sound creative

• To make it easy to remember

• For Fun

• To have an original unused business identity

What is the recommended domain for a business email address?

• @msn.com

• @gmail.com

• @yourcompany.com

• @yahoo.com

Why is it important to have a business address separate from a home address?

• To decrease fundability

• To establish an online presence

• To avoid potential lenders

• To establish business credibility

Why is it recommended to have a toll-free 1-800 number for your business?

• It's easier to remember

• It adds credibility to your business structure

• It's more affordable

• It's faster to get

What is the purpose of obtaining an Employer ID (EIN) number for your business?

• To separate your personal and business finances

• To avoid registering your business

• To decrease your borrowing potential

• To avoid obtaining a business bank account

What is the recommended type of bank for startups?

• Credit Union

• Regional Bank

• National Bank

• Community Bank

What is the purpose of using Credit Boards?

• To share personal information

• To avoid getting funding

• To find out where credit agencies and financial institutions pull from

• To avoid building business credit

What is a paydex score?

• A measure of your personal creditworthiness

• A measure of your business creditworthiness

• A measure of your tax liabilities

• A measure of your personal income

What is the purpose of signing up for a DUNS number?

• To avoid building business credit

• To share personal information

• To establish an online presence

• To start building your paydex score