*Loan,banking and credit>>>business credit

How do i establish credit for my new small business?

Building business credit is not a quick process - it takes time, normally around 3-4 years. The first step is to set up the proper business structure and take basic steps to ensure your business appears "real" and stable to the business credit bureaus. That means getting the proper occupational licenses, and a phone number that is listed with directory assistance in the businesses' name, among other things.

Other than paying a company to do it for you, here are some ways you can build a business credit fast:

1. Register your phone in your business name
2. Get a business checking account
3. Register with DUN & BRADSTREET and get your DUNS Number
4. Find vendors who can give you lines of credit (start with Staples or DELL)
5. Apply for a business credit card - giving your business EIN instead of your SSN Source(s): Building Business Credit http://www.powerhomebiz.com/vol146/credi...

Compared to offline businesses, the investment required to start an online business is minimal. A popular way of earning money on the internet is by providing information and services. This can be monetised by advertising or charging a subscription. You can also make money online by selling products on auction websites like eBay or through your own website. More information available at http://tinyurl.com/syw6m