Day: January 6, 2021

Why America Needed Mike Pence

Trump wants to upend the Electoral College. His VP knows better.

The post Why America Needed Mike Pence appeared first on ROI Credit Builders.

Why America Needed Mike Pence

Trump wants to upend the Electoral College. His VP knows better.

The post Why America Needed Mike Pence appeared first on ROI Credit Builders.

The Gulf Monarchies Draw Closer

The Saudi-Qatari diplomatic truce is an opportunity for Biden.

Why America Needed Mike Pence

Trump wants to upend the Electoral College. His VP knows better.

10 Alternatives to Google Hangouts on Air

Google has an impressive resume of highly impactful, successful products. For instance, products like Google Search and Google Docs are used by millions around the world daily.

But no business is perfect. Even the most inspired innovation can fail if the market just doesn’t get into it. That’s why, over the last few years, Google has started to cut their losses and kill products that never quite hit the mark.

Google Play Music, Google Glass, and now Google Hangouts on Air have been retired, which may come as a surprise to users who relied on these products.

Don’t worry, though—it’s not all bad news! While you may have lost your favorite live-streaming service, there are plenty of Google Hangouts on Air replacements.

What Was Google Hangouts on Air?

Google Hangouts on Air launched in 2012, with Google adding live-streaming and community elements to their already existing Hangouts platform.

At the time, it made perfect sense. Effective live-streaming services weren’t particularly well-designed, so Google had a massive window to establish themselves in this space.

Their plan worked for a while. Google managed to get President Obama and Pope Francis to live-stream on its platform. Combine this with a list of solid support features, and Google Hangouts on Air managed to attract quite a few users.

This usage didn’t last long, though, as the market began to flood with competitors. Eventually, YouTube Live began to pick up steam, and live video was a more natural extension to that platform. Over time, it became clear Hangouts on Air should be absorbed by YouTube Live.

The 10 Alternatives to Google Hangouts on Air

Here’s a list of ten Google Hangouts on Air replacements on the market. Whether you’re live-streaming a podcast, a Q&A, or your cooking channel, you may find the tools you need here.

1. Be.Live

Google Hangouts on Air alternative Be.Live

Be.Live is a simple, reliable streaming tool. If you’re looking to expand your audience and reach, Be.Live lets you stream on sites like Facebook Live and YouTube Live.

You can sign up using your Facebook or Google accounts and quickly set up your stream in either space.

Beyond that, there’s a surprisingly deep level of customization in Be.Live’s presentation. When you start using Be.Live, you’ll be able to add your logo, custom frames, and branding colors to the stream.

If you want to go even further, you can add name tags and agendas to the lower third of the screen during your streams. You can even download your streams in HD once they’re over and upload them to Facebook, Twitter, and Instagram.

Whether you’re looking to stream on Facebook Live or YouTube Live, Be.Live could be a strong Google Hangouts on Air replacement. You can try their basic plan for free to test it out yourself.

2. Discord

Google Hangouts on Air alternative Discord

Discord is often seen as a gaming-centric platform. While there are certainly plenty of gamers using this service, what makes Discord stand out is their emphasis on two things: community and transparency.

This is a live-streaming tool that works best if your community is already on Discord. This doesn’t mean it’s off-limits to you if your audience doesn’t already use it, but it may take some extra legwork to get people on board.

If your audience and products revolve around gaming, you want to try Discord. It lets streamers display the games they play and the activities they’re engaging in. This is a fantastic Google Hangouts on Air alternative if you’re looking for a way to engage with this demographic.

3. Zoom

Google Hangouts on Air alternative Zoom

At this point, you’ve probably heard about Zoom. In fact, “zooming” seems to be the word used for video chatting, even if a different platform is being used! But there’s a good reason it’s on everyone’s mind: Zoom is a robust live-streaming product.

One of the most compelling points of replacing Google Hangouts on Air with Zoom Live is that many communities are already familiar with Zoom. Millions of people are using Zoom daily, whether for work, school, or catching up with old friends.

Getting users to adopt an entirely new service or tool can be challenging, no matter how loyal your community is. Zoom’s level of familiarity may make it easier to retain your audience while you transition from Google Hangouts on Air.

Zoom offers a variety of features like virtual hand raising and polling to keep your community engaged. The fact that they let you stream your webinars and meetings to multiple platforms simultaneously is just the icing on the cake.

4. Streamyard

Google Hangouts on Air alternative Streamyard

Streamyard is built around a simple idea: create an experience for live streamers that’s easy to learn and use.

This platform doesn’t ask you to download anything; it runs in your browser. If you already have a following on LinkedIn, Facebook, or YouTube, you can live-stream to all of them using Streamyard.

Streamyard recognizes complexity makes it difficult for streamers to connect with their communities. If you’re looking for a Google Hangouts on Air replacement that removes technical barriers and limitations, this is a tool you’ll want to try.

With useful features like audience comments popping up on screen and call to action buttons in your streams, Streamyard simplifies your live-streaming process so you can focus on what matters most: your audience.


Google Hangouts on Air alternative

In the hunt for your Google Hangouts on Air alternative, you’re going to find lots of products that promise to offer more. Many alternatives promise more features and integration.

But doesn’t take that approach. Instead, Talky addresses a smaller niche, focusing on providing a simple video chat tool designed for groups of up to 6 people.

What Talky lacks in features, it makes up for with its simplicity and ease of use. Using Talky is as simple as starting a chat and sending your room link to the people you need to chat with.

In a sea of feature-heavy tools, Talky might seem underwhelming at first. But if you’re looking for a Google Hangouts on Air replacement anyone should be able to use, this may be a fantastic option.

6. OBS Studio

Google Hangouts on Air alternative OBS Studio

For a lot of streamers, this is the gold standard of live-streaming tools. What makes OBS Studio so noteworthy? Simple: the customization.

Aside from being a free, open-source software you can download and start using instantly, it’s sponsored by some of the biggest names in live-streaming. Facebook, YouTube, and Twitch have all supported OBS Studio. It’s safe to say if you have a favorite streamer, they’re likely using this.

Who is OBS Studio for? Well, it’s technically for everyone looking to start live-streaming. This depth makes it such a powerful tool, but it can also present some issues.

Think of it this way: OBS Studio is like Photoshop, with most other alternatives being more like Canva. OBS Studio is often a great tool for veterans of the live-streaming world and those not afraid to get their hands dirty.

7. Twitch

Google Hangouts on Air alternative Twitch

Speaking of noteworthy live-streaming tools, we can’t ignore the current king of the live-streaming world: Twitch.

The company that put Mixer out of business, there’s no denying Twitch is one of the most popular live-streaming tools on the market. And while many think Twitch is a platform primarily about gaming, that’s not the case.

Businesses regularly promote their products on Twitch with marathons of shows. Art and philosophy streams have also started to take the spotlight, with a heavy emphasis on community engagement.

While it can be challenging to establish a presence on the site, success on Twitch may mean a massive increase in your community size and quality. It’s worth looking into if you’re looking for a Google Hangouts on Air replacement.

8. Spreaker

Google Hangouts on Air alternative Spreaker

Spreaker does one thing, and they do it exceptionally well: it supports podcasts.

Whether you’re looking to host, create, distribute, or even monetize your podcast, Spreaker has something for you.

The reason Spreaker made the Google Hangouts on Air alternative list is simple: there aren’t enough tools dedicated to podcast live-streamers. What really makes Spreaker stand out is they go above and beyond for podcasters.

With Spreaker, you can publish your podcast quickly and easily using their Content Management System. From there, you can distribute your podcast across major podcast platforms.

Spreaker handles monetization, too, letting streamers auto-insert ads at any point in their podcasts.

If you’re serious about podcasting, Spreaker is a tool you should consider.

9. YouTube Live

Google Hangouts on Air alternative YouTube Live

If you’re wondering which of these tools Google wants you to use, it’s probably YouTube Live. Initially, Google tried to merge Google Hangouts on Air with YouTube Live, but the transition didn’t go incredibly well.

Still, there’s an appeal to using YouTube Live. Aside from the rich infrastructure YouTube and Google offer—plenty of features and a robust support system—live streaming on YouTube is made simpler by one thing: the platform understands user expectations.

When users are on YouTube, they already expect to consume content. This means when you create live content for them to engage with, it’s probably an easy transition for them to make.

Likewise, if you love the Google Hangouts on Air ecosystem, you’ll probably feel right at home in the relatively similar YouTube Live ecosystem.

10. Facebook Live

Google Hangouts on Air alternative Facebook Live

As far as innovation goes, Facebook Live doesn’t offer much that YouTube Live and Twitch don’t. That said, Facebook Live does have one ace up their sleeve: when you stream on this platform, you have access to billions of people.

We can argue about how impactful social media sites like Facebook have been in popular culture, but one thing is for sure: everyone and their grandmother is on Facebook. This means if you want access to a massive audience, being on Facebook may be a good idea.

Their live streaming tools aren’t as robust as others on this list, and the tools aren’t tailored to a particular industry or genre. But, Facebook has a reach that’s second to none.


Seeing your favorite live streaming platform vanish is frustrating. But there’s no reason to worry about the future of your content. As long as you’re willing to explore and adapt, you’re sure to find the right tool for your brand.

Gaming, cooking, and art streams have great community-focused tools like Twitch, Discord, and Talky.

Streamers looking for massive audiences and reach can use Facebook Live and YouTube Live.

Whatever you’re looking for, you may find the right Google Hangouts on Air replacement right here.

What alternative to Google Hangouts on Air is your favorite?

The post 10 Alternatives to Google Hangouts on Air appeared first on Neil Patel.

Top 10 Penn State Nittany Lions Podcasts You Must Follow in 2021

Top 10 Penn State Nittany Lions Podcasts Contents [show] ⋅About this list & ranking Penn State Nittany Lions Podcasts Locked On Nittany Lions Lions247 Penn State Podcast Roar Lions Radio | A Penn State Podcast Dear Old State | A show about the Penn State Nittany Lions For The Glory: A Penn State Football Podcast The Obligatory […]

The post Top 10 Penn State Nittany Lions Podcasts You Must Follow in 2021 appeared first on Feedspot Blog.

Prepare a Pitch Project Despite the Recession

You might think that seeking investors during a recession is pointless. However, if you plan your pitch project the right way, you may just land the investors you need during these troubling times. 

How to Create a Pitch Project that Gets You the Funding You Need

Not surprisingly, angel investors and venture capitalists are always looking for the next big thing.  Similarly, entrepreneurs are looking for the money.  So, how do the two collide?  First, you have to have a pitch deck that investors can’t resist. They watch hundreds of presentations, and you need to make yours stand out. 

What makes the difference in a pitch that’s taken and one that is forgotten? It varies,  but there are some general things that make a potential business stand out among the rest.  

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession. 

Pitch Project: What’s a Pitch?  

Of course, there are no guarantees.  It’s possible your business will not be able to find the right investors regardless.  However, if you handle the pitch project right, you have a much better chance. The pitch is the first impression investors get of your business, and you need to be sure it is done right.  What is it though?  It’s a fancy word for a PowerPoint presentation, frankly.  Still, there is so much more.  It is everything you give investors to convince them they want a piece of the pie you’re baking. 

A quick search will turn up a ton of pitch deck examples that can give you some ideas.

Pitch Project: What’s the Point? 

Honestly, the end goal is to get funding for your business.  However, the immediate goal you should have in mind when starting your pitch project is to get you to the next meeting.  Investment decisions are rarely made after the first meeting.  A pitch deck can get them interested, but there is much more that goes into an actual investment decision than interest. 

That said, if you don’t make an amazing impression with your pitch deck, you won’t even get that far.  

Pitch Project: What Should You Include?Pitch Deck Credit Suite

There is room for creativity. But, some general information is necessary to any presentation.  


This is one of our number one secrets.  Not everyone will recommend this slide, but we believe it is essential for a couple of reasons.  

This is a quick four or five bullet point summary of what the rest of the pitch deck explains.  It answers the questions of what the company is, what you do, how you do it, and why you need to do it.  This is important because it is the first slide potential investors will see after the cover.  It will help investors decide whether they want to keep going. 

It’s just a sample, but it’s designed to encourage them to view the rest of the presentation.  In addition, if you happen to catch them when they do not have a lot of time, this slide makes sure they get all the information they really need right at the beginning.  This could allow them to make a decision as to whether to meet you in person and discuss things further even if they can’t finish the slides. 

Business Vision or Mission Statement

Don’t skip this.  It should be a crisp, concise statement that does just what it says.  It is there to let potential investors know what the vision or mission of the business is.  You can talk about either what you want to become or what you intend to be.  Some examples of mission statements from companies you may be familiar with include: 

  • Warby Parker-To offer designer eyewear at a revolutionary price, while leading the way for socially conscious businesses.
  • Honest Tea– To create and promote great-tasting, healthy, organic beverages.
  • Ikea– To create a better everyday life for the many people. 
  • Nordstrom– To give customers the most compelling shopping experience possible. 

Don’t let this slide become a barrier.  A strong mission statement is the cornerstone of your presentation and an essential part of any pitch project. 

Meet the Team

This is where you introduce yourself and your team. Don’t skip it.  Include not only names, but also what each person contributes to the company.  There should be pictures as well.  Investors need to see who they are investing in.  It makes a difference.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession. 

What Problem Does Your Business Solve? 

For a business to work, it needs to provide a solution to a problem.  This is where you explain what that problem is that your business plans to solve.  What need will your business fill? 

How Your Business Will Solve That Problem?

Right after you state the problem, you need to tell them how your business will provide the solution to that problem.  Go into details.  Use statistics and tell them how your product or service will actually make a difference.  

What Are You Actually Selling?

Introduce your specific product or service and explain how it solves the stated problem.  What makes it different from other options that may already be available?  Have a prototype available if possible. If you cannot, then pictures are vital.  If the product is still in development, use drawings. 

Of course, if what you offer is a service it will be a little trickier.  Do what you can to offer an example of what it is you offer and how it works.  Diagrams, charts, screenshots if it is an online service, or whatever else you can come up with. Here is a great place to get creative.

Market Research 

First, use this slide to define your market.  Who exactly is it that will be using your product?  Who is it that will benefit from your business? What is the dollar market size? 

Include graphs and charts that show how your company will be reaching the defined market. 

 Current Customers

If you are a business that has early customers, this is a slide that can be very powerful.  For example, if you are offering a food or beverage product and some local grocers are already selling it in their stores, you would say so here. 

Usually this has recognizable logos of well-known customers rather than just a list.  

Of course, if your customers aren’t so well-known, or they are individuals, then names and testimonies can work as well. 

Discuss Proprietary Technology

If you have proprietary technology, definitely highlight that.  If it is still in development, use diagrams, graphs, and photographs to show the progress.  Bring an example if you can.  

Be sure to include any proprietary rights such as patents and copyrights. 

Admit Competition

Do not ignore or underestimate your competition.  Lay it all out.  Furthermore, be sure to address the following: 

  • Who your competitors are 
  • How your business is different
  • How you give your business a competitive advantage 

Also, research competitors thoroughly.  Make sure you can answer questions about competition from potential investors.  If you cannot answer the questions knowledgeably, they may conclude you actually do not adequately understand your market. 

Previous Success

This is sometimes called a traction slide.  If you have good stuff to put here, it can make a lasting impression.  Truly, a great traction slide can be exactly what wins this for you.  Include any of these that may apply. 

  • Early sales
  • Website traffic
  • App downloads
  • Growth metrics
  • Partnerships
  • Praise from the press
  • Testimonials 

If you have any of these things available to report, do it.  

Describe Your Business Model

Explain how the business makes money.  Also, talk about if and how a customer retains value long-term. Remember, it’s also important to note what your pricing plan looks like. During a recession, this part is more important than ever.  This is how your business will survive trouble waters.  If they are going to invest, they need to see that it can make it through hard economic times.

Spread the Word 

Outline your marketing plan.  Investors want to see  how you are going to get the word out.  Additionally, you need to define what marketing platforms and channels you plan to use, such as television, radio, social media, prints, etc.  

If you are already marketing through any of these channels, what have the results been like?  For example, has one particular channel been more successful than the others?  What is the cost to get a customer at this point?  Compare and contrast that cost with the estimated lifetime value of a customer. 

Financial Information 

Investors may love your business idea.  They may be on board with how it will work.  Yet, without the financials to show the business will be profitable over time, it will not matter. Generally, they will want to see the following: 

  • Three- to five-year financial projections- this is basically a guess based on current numbers and trends as to how the company will do financially over the next 3 to 5 years. 
  • Unit economics
  • Burn rate- how much money the company will lose, and how quickly, in the startup phase. 
  • Annual recurring revenue
  • Total revenue and expenses
  • Complete current financials if available and applicable.
  • Key assumptions used to determine projections. 

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession. 

Make the Request

Near the end is the slide is where you tell potential investors exactly what you are looking for.  How much money are you trying to raise?  You can use a range.  It does not have to be a specific dollar amount.  You will also need to tell them how long you think that amount of financing will last, and what milestones you think you will be able to reach with that funding.

Then, detail how you plan to use the funds.  Will you use them as working capital, for product development, or to hire new employees? This is where you show investors how their money will go to work for the business.

If you already have existing investors, tell them. Highlight any that may be well-known. 

Other Hot Tips to Make Your Pitch Project Pop

How do you make you pitch project one they will never forget? 

Make it Look Good 

Use interesting fonts, mix up letter sizes, and add pictures.  Make the most of color and design to ensure it is easy on the eyes.  Keep in mind however, that it should maintain an air of professionalism.  There is a fine line between interesting and gaudy.  Also, you don’t want to distract them from the point.  You may need to hire a professional designer to prepare your pitch deck PowerPoint slides.

Don’t Complicate Things

Send the presentation in PDF format to prospective investors.  Do not make them use a DropBox or Google Docs link.  That is an extra step that they may not mind, but why take the risk?  Just make it easy. 

Cut the Fluff

It really shouldn’t be more than 15 to 20 slides.  After that, you may begin to lose their attention.  You can always add more when you meet in person or add an appendix. Along these same lines, do not get too wordy on the slides.  They will not read pages and pages, they want to be able to skim and get the information they need to make a decision as quickly as possible.  Concise, sharp bullet points are best. 

Do Not Date It

It’s not necessary, and if you forget to change it will look bad. This is especially true if you have been at it for a while.  Investors will know how long you have been trying to raise funds. 

Give Competition Due Attention

Do not underestimate the competition.  In contrast, take them seriously.  Whatever you do, don’t trash talk or belittle them.  Just do your research, understand them, and know how your product can gain the advantage. 

Don’t Overuse Acronyms

Of course, you want them to understand what you are talking about.  Don’t make them think too hard.  Too many acronyms they may or may not understand can cause problems. 

Your Pitch Project Can Make All the Difference

If you need angel investors or venture capitalists on your side, the pitch deck is where you start. It is even more important during a time of economic recession.  Investors are going to be extra picky about where they put their funds, and you need to convince them to choose your business to support. 

Don’t forget to explore other ideas for funding during these trying times as well.  Crowdfunding, grants, loans, and the credit line hybrid are all viable options. Get expert help to guide you through finding the best funding types for your business with Credit Suite. 

The post Prepare a Pitch Project Despite the Recession appeared first on Credit Suite.

The Safe Foolproof Way to Build Downturn Business Credit in 30 Days

Build Business Credit in 30 Days

Have you ever wondered; how long does it take to build credit? You, too, can build business credit in 30 days! Here’s how and why. And you can do this during a recession or economic downturn. Build downturn business credit in 30 days.

Building better downturn business credit means that your small business gets chances you never felt that you would. You can get brand-new equipment, bid on buildings, and cover the company payroll. And you can do so even when times are a bit lean. This is specifically helpful in seasonal businesses. That is because you can go for calendar months with just hardly any sales.

Due to this, you need to tackle growing your company credit. Enhance and maintain your scores and you will have these chances. Do not, and either you do not get these business opportunities, or they will set you back you a lot more. And no business owner wants that.

You will need to understand what affects your small business credit before you can make it better.

Recession Period Financing

The number of US banks and thrifts has been decreasing progressively for a quarter of a century. This is from consolidation in the marketplace in addition to deregulation in the 1990s, lowering barriers to interstate banking. See:

Assets concentrated in ever‐larger financial institutions is troublesome for small business owners. Big financial institutions are much less likely to make small loans. Economic downturns indicate banks become a lot more cautious with financing. Thankfully, business credit does not count on banks.

Build Downturn Business Credit in 30 Days: Credit History Length Is Vital

This is in a nutshell how long your business has been making use of company credit. Obviously newer businesses will have short credit histories. While there is not too much you can specifically do about that, do not fret.

Credit reporting agencies will also look into your personal credit score and your very own background of payments. If your own personal credit is good, and in particular if you have a fairly extensive credit history, then your individual credit can come to the rescue of your company. That is, you did not just get your very first credit card not too long ago.

Obviously, the opposite is also true. Hence, if your private credit history is poor, then it will have a bearing on your business credit scores until your business and personal credit can be split.

Build Downturn Business Credit in 30 Days: The Best Way to Build Credit is to Tame Your Utilization Percentage

Your credit utilization rate just means the amount of cash you have on credit. So it is then divided by your total available credit. Lenders typically do not like to see this go above 30%. Therefore, for each $100 in credit, do not borrow on more than $30 of that.

If this percent is climbing, you’ll need to spend down. And work off your financial obligations prior to borrowing more.

Build Downturn Business Credit in 30 Days: Your Payment History Truly Matters

Late repayments will affect your company credit score for a good seven years. If you pay your business (and personal) debts off, as quickly as possible and as fully as possible, guess what happens? That is when you can make a very real difference when it relates to your credit scores.

Make sure to pay on schedule and you will reap the rewards of promptness.

Build Downturn Business Credit in 30 Days: Your Personal Credit Can Affect Your Business Credit

A bad business year could wind up on your personal credit score. And just in case your small business has not been around for too long, it will directly have an effect on your biz credit.  But you can still start building business credit with bad personal credit.

Fortunately, you can unlink them both by taking steps to uncouple them. As an example, you can get credit cards solely for your business, or you open up business checking accounts and other bank accounts (or even get a business loan). And then the credit reporting bureaus will start to treat your private and corporate credit separately.

Also, make sure to incorporate. Or at least file a DBA (doing business as) status.

You can also pay for your company’s invoices with your business credit card or checking account. And make certain it is the company’s full name on the bill and not your own. This is how to build credit with a credit card.

Build Downturn Business Credit in 30 Days: The Credit Reporting Agencies Can Make Mistakes

Are you asking yourself: how to fix my credit in 30 days? Just the same as each and every organization out there, credit reporting agencies just like Equifax and Experian are only as good as their data. If your firm’s name is similar to another’s, or your name is a lot like another company owner’s, there can potentially be some oversights.

So keep an eye on those reports, and your company report at Dun & Bradstreet, PAYDEX. Remain on top of these reports and challenge charges with records and crystal clear communications. Do not just allow them to stay wrong! You can fix credit in 30 days!

And while you’re at, it you should also be monitoring the credit reporting bureau which just handles personal and not company credit. So, that is TransUnion. If you do not know the way to pull a credit report, do not worry. It’s simple. It’s how to fix credit score in 30 days.

And say fix my credit in 30 days!

Build Downturn Business Credit in 30 Days: The Method

Business credit is credit in a small business’s name. It doesn’t attach to a business owner’s personal credit, not even if the owner is a sole proprietor and the solitary employee of the business.

Because of this, an entrepreneur’s business and personal credit scores can be very different. Build business credit because it can only help your business. And it can be how to start a business in 30 days.

The Benefits

Considering that company credit is separate from consumer, it helps to secure a small business owner’s personal assets, in the event of court action or business bankruptcy.

Also, with two distinct credit scores, a small business owner can get two separate cards from the same merchant. This effectively doubles buying power.

Another advantage is that even startup ventures can do this. Going to a bank for a business loan can be a recipe for disappointment. But building business credit, when done correctly, is a plan for success.

Personal credit scores rely on payments but also various other elements like credit usage percentages.

But for business credit, the scores actually merely depend on whether a company pays its debts punctually.

The Process

Building company credit is a process, and it does not occur automatically. A company needs to proactively work to develop business credit.

Nevertheless, it can be done easily and quickly, and it is much speedier than developing individual credit scores.

Merchants are a big aspect of this process.

Carrying out the steps out of order will result in repetitive rejections. Nobody can start at the top with business credit. For instance, you can’t start with store or cash credit from your bank. If you do you’ll get a rejection 100% of the time.

Company Legitimacy is Vital for Building Downturn Business Credit

A business needs to be reliable to lending institutions and vendors.

Therefore, a business will need a professional-looking web site and e-mail address. And it needs to have site hosting from a company such as GoDaddy.

In addition, business telephone numbers ought to have a listing on

In addition, the business phone number should be toll-free (800 exchange or similar).

A company will also need a bank account dedicated only to it, and it needs to have every one of the licenses essential for running.


These licenses all must be in the accurate, correct name of the company. And they need to have the same company address and phone numbers.

So bear in mind, that this means not just state licenses, but possibly also city licenses. Licenses are vital when you need to score small business funding.

Recession Downturn Business Credit Credit Suite

Get awesome funding with our foolproof guide to building business credit, even during the threat of a recession.

Working with the Internal Revenue Service

Visit the IRS website and get an EIN for the small business. They’re totally free. Pick a business entity like corporation, LLC, etc.

A company can begin as a sole proprietor. But they will more than likely want to switch to a sort of corporation or partnership.

This is in order to reduce risk. And it will make best use of tax benefits.

A business entity will matter when it comes to taxes and liability in case of litigation. A sole proprietorship means the business owner is it when it comes to liability and tax obligations. No one else is responsible.

Sole Proprietors Take Note

If you operate a company as a sole proprietor, then at the very least be sure to file for a DBA. This is ‘doing business as’ status.

If you do not, then your personal name is the same as the company name. As a result, you can find yourself being directly responsible for all small business financial obligations.

In addition, according to the IRS, with this arrangement there is a 1 in 7 chance of an IRS audit. There is a 1 in 50 chance for corporations! Avoid confusion and drastically reduce the odds of an IRS audit as well.

But only look at any DBA filing as a steppingstone to incorporation.

Beginning the Business Credit Reporting Process

Begin at the D&B website and get a totally free D-U-N-S number. A D-U-N-S number is how D&B gets a small business into their system, to produce a PAYDEX score. If there is no D-U-N-S number, then there is no record and no PAYDEX score.

Once in D&B’s system, search Equifax and Experian’s web sites for the company. You can do this at If there is a record with them, check it for accuracy and completeness. If there are no records with them, go to the next step in the process.

By doing so, Experian and Equifax will have activity to report on.

Vendor Credit

First you must establish trade lines that report. This is also called vendor credit. Then you’ll have an established credit profile, and you’ll get a business credit score.

And with an established business credit profile and score you can begin obtaining retail store and cash credit.

These varieties of accounts often tend to be for the things bought all the time, like shipping boxes, outdoor work wear, ink and toner, and office furniture.

But first off, what is trade credit? These trade lines are credit issuers who will give you initial credit when you have none now. Terms are ordinarily Net 30, instead of revolving.

Hence, if you get approval for $1,000 in vendor credit and use all of it, you must pay that money back in a set term, such as within 30 days on a Net 30 account.

Recession Downturn Business Credit Credit Suite

Get awesome funding with our foolproof guide to building business credit, even during the threat of a recession.


Net 30 accounts must be paid in full within 30 days. 60 accounts need to be paid in full within 60 days. Unlike with revolving accounts, you have a set time when you have to pay back what you borrowed or the credit you made use of.

To kick off your business credit profile properly, you need to get approval for vendor accounts that report to the business credit reporting bureaus. When that’s done, you can then make use of the credit.

Then repay what you used, and the account is on report. You can have a D&B business credit profile or an Equifax business credit profile. Or you might have a business credit profile with Experian.

Vendor Credit – It Helps

Not every vendor can help in the same way true starter credit can. These are vendors that will grant an approval with hardly any effort. You also want them to be reporting to one or more of the big three CRAs: Dun & Bradstreet, Equifax, and Experian.

You want 3 of these to move onto the next step, which is retail credit.


Uline is a true starter vendor. You can find them online at They offer shipping, packing, and industrial supplies, and they report to D&B and Experian.

You need to have a D-U-N-S number. They will request 2 references and a bank reference. The initial few orders might need to be paid in advance to initially get approval for Net 30 terms. Also, you may have to buy some things you don’t need.

Crown Office Supplies

Crown Office Supplies is another true starter vendor. You can find them online at They sell a variety of office supplies and take helping clients seriously. And they say, “just starting your business, or maybe have an existing business, but you have a question regarding office supplies… we are here to help!” And they report to Dun and Bradstreet, Experian, and Equifax.

There is a $99.00 annual fee, though they do report that fee to the business credit reporting agencies. For other purchases to report, the purchase needs to be at least $30.00. Terms are Net 30.

Grainger Industrial Supply

Grainger Industrial Supply is also a true starter vendor. You can find them online at They sell safety equipment, plumbing supplies, and more, and they report to D&B. You will need a business license, EIN, and a D-U-N-S number.

For under a $1000 credit limit they will approve nearly any person with a business license.

They’re great for building business credit profile.

Accounts That Don’t Report

Non-Reporting Trade Accounts can also be helpful. While you do want trade accounts to report to at the very least one of the CRAs, a trade account which does not report can nonetheless be of some value.

You can always ask non-reporting accounts for trade references. And also credit accounts of any sort ought to help you to better even out business expenses, thereby making budgeting simpler. These are providers like PayPal Credit, T-Mobile, and Best Buy.

They are another way how to get your credit score up in 30 days.

Retail Credit

Once there are 3 or more vendor trade accounts reporting to at least one of the CRAs, then move to retail credit. These are businesses like Office Depot and Staples. These companies are likelier to have goods you need.

Use the small business’s EIN on these credit applications.

Fleet Credit

Are there more accounts reporting? Then move to fleet credit. These are businesses like BP and Conoco. Use this credit to purchase fuel, and repair and maintain vehicles. Make certain to apply using the company’s EIN.

Recession Downturn Business Credit Credit Suite

Get awesome funding with our foolproof guide to building business credit, even during the threat of a recession.

Cash Credit

Have you been responsibly handling the credit you’ve gotten up to this point? Then progress to more universal cash credit. These are businesses like Visa and MasterCard. Keep your SSN off these applications; use your EIN instead.

These are typically MasterCard credit cards. If you have more trade accounts reporting, then these are feasible.

Monitor Your Business Credit

Know what is happening with your credit. Make certain it is being reported and attend to any errors as soon as possible. Get in the practice of checking credit reports. Dig into the details, not just the scores.

We can help you monitor business credit at Experian and D&B for 90% less than it would cost you at the CRAs

At Equifax, you can monitor your account at:

Update Your Record

Update the details if there are mistakes or the relevant information is incomplete. At D&B, you can do this at: For Experian, go here: And for Equifax, go here:

Fix Your Business Credit

So, what’s all this monitoring for? It’s to contest any problems in your records. Errors in your credit report(s) can be taken care of. But the CRAs often want you to dispute in a particular way.

Get your small business’s PAYDEX report at: Get your company’s Experian report at: And get your Equifax business credit report at:


Disputing credit report errors commonly means you mail a paper letter with copies of any proofs of payment with it. These are documents like receipts and cancelled checks. Never send the original copies. Always send copies and keep the originals.

Fixing credit report inaccuracies also means you precisely spell out any charges you contest. Make your dispute letter as clear as possible. Be specific about the concerns with your report. Use certified mail so that you will have proof that you mailed in your dispute.

Dispute your or your company’s Equifax report by following the directions here:

You can dispute inaccuracies on your or your company’s Experian report by following the instructions here:

And D&B’s PAYDEX Customer Service telephone number is here:

A Word about How to Build Downturn Business Credit

Always use credit sensibly! Don’t borrow more than what you can pay off. Monitor balances and deadlines for payments. Paying off on schedule and completely will do more to raise business credit scores than pretty much anything else.

Establishing company credit pays off. Great business credit scores help a company get loans. Your credit issuer knows the business can pay its debts. They understand the small business is bona fide.

The business’s EIN links to high scores and lenders won’t feel the need to ask for a personal guarantee.

Business credit is an asset which can help your business for years to come. Get started toward building small business credit.

Build Downturn Business Credit in 30 Days: Takeaways

Once you learn what influences your company credit score, you can build downturn business credit in 30 days. You can even start a business in 30 days. And you can repair credit score in 30 days.

The post The Safe Foolproof Way to Build Downturn Business Credit in 30 Days appeared first on Credit Suite.

Prolific (YC S19) Is Hiring Senior Engineers in the UK/EU

Article URL: Comments URL: Points: 1 # Comments: 0

The post Prolific (YC S19) Is Hiring Senior Engineers in the UK/EU first appeared on Online Web Store Site.

Openbase (YC S20) Is Hiring

Openbase | Founded in 2019, backed by Y Combinator and some of the world’s top investors. We help developers choose amongst millions of open-source packages so they can build amazing products faster! We’re based in San Francisco and currently hiring our Core Team! Our stack: AWS, Netlify, TypeScript, Node.js, Express, PostgreSQL, Apollo GraphQL, React, and …

The post Openbase (YC S20) Is Hiring first appeared on Online Web Store Site.