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One of our retail store clients just got $19,000 in funding to use for working capital and to increase inventory.
Congratulations to Cory and his team, we’re excited to be part of your expansion!
Click Here to see how much funding you can get for your business.
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The California State Athletic Commission voted 3-2 to uphold the TKO result by referee Herb Dean in a fight between Germaine de Randamie and Aspen Ladd from the UFC Sacramento main event on July 13.
The post TKO upheld in Ladd's gender discrimination claim appeared first on Buy It At A Bargain – Deals And Reviews.
We’re trying out something new! Our SEO scouts have always been on the lookout for Google announcements and SEO updates. Before this, it was something we shared between the team, but then one day someone asked, why not share it with our audience and it clicked! That’s why we are kickstarting this new SEO updates …
The other day I was recording a podcast episode with my
co-host Eric Siu and he wanted to discuss something in particular.
He wanted to talk about how I got to 62,000 Instagram followers in a very short period of time and without spending any money on ads or marketing.
Eric is a great marketer as well, and when it comes to
social media, he spends much more time than me on it and he even has people at
his ad agency dedicated to helping him grow his personal brand online.
And of writing this post, he has 4,056 followers.
It’s not just with Instagram either, I beat him on all
platforms.
Heck, he even does something that I don’t do, which is smart… he continually pays for advice. For example, he had his team jump on an hour call with Gary Vaynerchuk’s social media team so they could learn from them and grow his brand faster.
So, what’s the secret to my success?
Well, before I get into it, let me first start off by saying I love Eric to death and the point of this post isn’t to pick on him or talk crap… more so, I have a point to make and you’ll see it in a bit below.
Everyone talks about strategies to grow your social following… from going live and posting frequently or talking about the type of content you should post and what you shouldn’t do.
I could even tell you that you need to respond to every comment and build up a relationship with your followers, which will help you grow your following and brand.
And although all of this is true, I dare you to try the fundamentals or the strategies that every marketing guru talks about doing. If you do, I bet this will happen…
It will be a lot of work and, if you are lucky, in the next 30 days you may get 10% more followers.
Sure, some of you will get much more growth, but you’ll find
that you can’t always replicate it and it won’t be consistent.
So, what is it then?
Luck is part of some people’s success, but not most. The problem with luck is it doesn’t teach you much and it isn’t easy to replicate.
The reality is, some people will just get lucky and have tons of traction.
In other words, luck isn’t the secret. But if you do want to get “luckier”, then you can always become an early adopter which helps a bit.
When you jump onto a social network when it’s new, it’s
easier to grow and become popular.
For example, I got to over 30,000 Twitter followers
extremely fast when Twitter first came out.
At that time, I wasn’t as well known… it happened because of
a few reasons:
But here is the thing: even though being an early adopter helps, it’s not the secret to my success.
Just look at Instagram, I am really late to the game. But I started growing fast just this year as that is when we really started.
If you can get in early, you should do so, assuming you have
the time to invest. For example, this is the time to get in on Tiktok.
When you get in early, there is always the chance that the social network may end up flopping. But if it does take off, you’ll be ahead of your competition.
Here was the secret to my growth… and it still works today. Eric Siu is even doing it with me right now.
It’s piggybacking on brands that are already popular.
When I first started, no one knew who I was. And I’m not saying everyone knows who I am today… by no means do I have a large brand like Tony Robbins.
What I did early on in my career was piggyback off of other popular brands.
For example, I hit up Pete Cashmore from Mashable, Michael Arrington from TechCrunch, Adrianna Huffington from Huffington Post, and so many other popular sites like ReadWriteWeb, Business Insider, Gawker Media, and GigaOm to name just a few.
I know some of them don’t exist anymore, but back then they were extremely popular. Anyone who was in tech, and even some who weren’t, knew about each of those sites.
So, when I got started as a marketer, I hit up all of those sites and offered all of them free marketing in exchange for promoting my brand and adding “Marketing done by Neil Patel” or “Marketing done by Pronet”, which was my ad agency back then.
Just look at the image above. TechCrunch used to link to my site on every page of their site… forget rich anchor text, it really is all about branding.
The hardest part is, I had to email and message these
influencers dozens of times just to convince them to let me help them for free.
And a lot of them ignored me or didn’t accept my offer.
But of a few said yes.
Pete from Mashable was one of the first to say yes. Once his traffic and rankings skyrocketed, his competition hit me up. Especially TechCrunch.
What was funny, though, is that I was constantly emailing TechCrunch and didn’t hear back. 6 months from my first email, they eventually accepted my offer.
I made a deal with Michael Arrington at the time in which once I boosted his traffic, he would add a logo that I did marketing for him, which you saw above.
In addition to that, he would tell all of his venture capital friends what I did for him and share the results (so hopefully they would share it with their portfolio companies, which would help me make money) and write a blog post about me.
He didn’t end up writing the blog post, which is fine, but he
did the other two.
When he sent out emails to VCs showing a Google Analytics graph of his traffic growing at a rapid pace, I quickly got inundated with inquiries about my marketing services.
In addition to that, I was building up my brand… and my
social media following. I was gaining “social clout” because I was doing good
work for influencers.
One could argue that boosting traffic for someone like TechCrunch by 30% is worth millions and I should have charged for my services. Although I spent countless time doing free work, I wouldn’t trade it for any single dollar as it is what made me and helped build up my reputation.
And I didn’t stop there. Even today, I try to associate myself with other popular brands. Just like how I was lucky enough to work with Robert Herjavec, who has a popular TV show in the US along with Mark Cuban…
Here’s how many visitors I was getting for my name “Neil Patel” on a monthly basis before I started working with Robert.
And this is how many visitors I get for my name on a monthly
basis a few months after I worked with Robert.
That’s a 37.84% increase in a matter of months!
By piggybacking off of popular brands, it doesn’t just help my website traffic but also helps to grow my social media following as well.
Just like as you can see below with my Instagram growth…
Now it isn’t just me who can do this, anyone can.
Just like how I piggybacked off of brands like TechCrunch, Eric is doing something similar to me at the moment.
We have a podcast that generates over 1 million downloads a month.
Eric’s had a podcast for years, but the one he has with me has more than 10x the listeners. This has helped him grow his brand a lot over the last year.
Let’s just look at the data. According to Eric, due to the podcast, he has signed up 6 clients, which has generated 540,000 dollars in annual revenue.
Now when he goes to tech conferences, 3 to 4 people tend to come up to him and mention how they love Marketing School and his work. In addition to that, it has been easier for Eric to set up meetings (people respond back to him more now), and he is also getting advisory shares in companies due to his growing brand. And the best part is, he is getting more paid speaking gigs for up to $10,000 a pop because of the podcast.
The data shows it was a good move by Eric for partnering up with me. He pushed me to do a podcast years ago and I told him no because I was too lazy. He didn’t give up though. Eventually, he got me to say yes and flew to my house in Las Vegas to record our first episode.
He did all of the work and it has been a great mutual relationship as doing this podcast has also helped grow my brand at the same time.
Now you are probably thinking, why isn’t his follower count growing fast enough?
Well, he needs to do what he is doing with me with a few more influencers to really put fuel to the fire. Just like how I didn’t only piggyback off of TechCrunch… at one point the Gawker Media network was linking to me on every page of their sites, which was seen by over 100 million unique people per month.
That really gets your brand out there!
Another example is Brian Dean from Backlinko as he did something similar with me back in the day. Years ago I approached him to write a detailed guide on link building with him and he also created videos that were on my old marketing blog Quick Sprout, which helped him grow his brand.
I can’t take credit for “making” Eric or Brian successful. They would have done well without me… and in the grand scheme of things, I really didn’t do much for either of them.
It’s like saying TechCrunch made the Neil Patel brand. Of course, it helped, and helped a lot… but one partnership won’t make or break you.
And if I didn’t continually blog, create videos, speak at events, or do any of the other stuff that I did, the TechCrunch partnership wouldn’t have been as effective.
Eric and Brian would have grown their brand in other ways because their work stands for itself, hence they would have been successful on their own. I just helped provide a little boost, just like how TechCrunch provided me with a boost.
And once more people get to know you, you’ll naturally do
better on the social web.
For example, when Will Smith created his Instagram account, he didn’t have to buy ads or anything. Everyone just knows him already and that’s why his Instagram account blew up really quickly.
And you can do what Will Smith did on a smaller scale. Similar to what I did.
But don’t expect it overnight. Will Smith has been on television for over 20 years. It’s multiple shows, movies, and connections with other famous people that have really helped grow Will’s brand.
Of course, we won’t get on TV as Will has, but you can piggyback on other popular brands multiple times to create a similar (smaller) effect.
All you have to do is help these influencers out for free.
If you are a web designer, offer design services. If you are
a marketer, offer marketing services. If you are selling a product or service,
keep giving it away for free and maybe someone will talk about your company.
If you don’t have anything you can offer that has value, just look at whatever influencer you want to associate with, see where they may need help, learn that skill, and offer it for free.
It’s the easiest way to become popular on the social web.
That’s my secret to being popular on the social web.
It’s also how I built a decent size company… purely by
leveraging other popular brands in the early days.
You can do the same, but you have to be patient. Don’t expect it to happen overnight.
For example, Eric’s brand has been growing but we have been
doing a podcast together for over 2 years now.
Plus, he continually pushes on his own and doesn’t just rely
on leveraging other influencers.
Remember, nothing worthwhile happens overnight.
You have to be persistent with your emails, your direct messages, your text messages, and whatever else you can do to get a hold of these influencers. Most will ignore you but it is a numbers game and, eventually, you’ll be able to associate your brand with someone popular, which will grow your brand.
And last but not least: Don’t expect an influencer to make you successful. Sure, multiple influencers are better than one, but that’s not what I meant.
If Brian Dean from Backlinko wasn’t good at link building, creating content, SEO, and educating, he wouldn’t do well… no matter who he associated himself with. The same goes for Eric.
Your skills, your abilities, your product… whatever you are
trying to brand needs to stand on its own.
So, what do you think about my secret? Are you going to
copy it?
The post The Real Secret to My Social Media Success appeared first on Neil Patel.
The Different Types Of Online Affiliate Marketing
Associate advertising programs has actually never ever been as prominent prior to as it is today. The most potential factor, nevertheless, might be the reality that the advantages of associate advertising and marketing have actually come to be more clear to a whole lot of individuals currently than they were in the past.
Today, both the vendors as well as the associates can see plainly that associate advertising and marketing can benefit both of them. The vendor sees associate advertising and marketing today as the possibility to market their items at a reduced price. The associates, on the various other hand, sees associate advertising as a simple method of gaining revenues on-line by doing what they such as most, which is by developing internet sites.
Equally as the appeal of associate advertising has actually changed right into better elevations, so has individuals’s expectation concerning it altered. No more is associate advertising and marketing taken into consideration today as an alternate technique for the seller to promote his items, or as a resource of extra earnings for the associates. For associates as well as sellers alike, associate advertising is currently taken into consideration as a primary resource of revenues and also profits.
The concern currently is what kind of associate advertising and marketing will function best for you? Or are there associate advertising programs that function far better than the others?
There are really various kinds or courses of associate advertising and marketing, and also the variety of kinds will certainly rely on exactly how one will certainly categorize them. One of the most standard associate advertising and marketing programs, nevertheless, drops under 2 classifications: pay-per-click (PPC), and also pay-per-performance (PPP).
– Pay Per Click (PPC).
Pay Per Click is the most prominent kind of associate advertising and marketing for associates with tiny sites, as well as most likely the simplest means for them to make cash. In this associate advertising kind, the seller pays his associate whenever a site visitor is referred to his website, that is whenever a person clicks via the vendor’s banner or message advertisements.
– Pay Per Performance (PPP).
PPP associate advertising and marketing is the most prominent amongst seller and also is likewise the most profitable kind for the associates. On the various other hand, it ends up being the most profitable kind for the specialized associate, for payments in PPP associate advertising typically comes in the variety of 15% to 20% of the real item sales.
Pay-per-performance associate advertising can be additional categorized right into 2 preferred kinds: pay-per-sales (PPS) as well as pay-per-lead (PPL).
oPay Per Sale (PPS).
In a pay-per-sale kind of associate advertising and marketing, the sellers pay the associate a particular charge whenever the site visitor he has actually described the vendor’s website really acquires something from the seller’s website. Affiliates are frequently paid on payment basis, although various other sellers would certainly choose to pay a repaired charge. No issue what the basis of the charge is, it is normally greater than the cost paid to associates in a pay-per-click associate program.
oPay Per Lead (PPL).
The pay-per-lead kind of associate advertising is a minor variant of the PPS kind and also is usually utilized by insurance coverage and also money firms and also various other firms that count on leads for their business to expand. In this sort of associate advertising and marketing, the associate is paid whenever the site visitor he described the seller’s website fills an application or any kind of comparable kind pertaining to business of the firm. Settlement for this sort of associate advertising and marketing is based upon a repaired cost whose prices approximate that of the dealt with charge in the PPS kind.
In addition to these 3 particular kinds of associate advertising and marketing, a great deal of various other associate advertising kinds exist. If the category is based upon the deepness of the associate network, it can be identified as single-tier, two-tier, and also multi-tier associate advertising and marketing. There is additionally one more sort of associate advertising and marketing that pays the associate each time the client he has actually referred acquisitions something from the vendor’s website.
– Single-Tier, Two-Tier, as well as Multi-Tier Affiliate Marketing.
These sorts of associate advertising and marketing are based upon the various degrees or rates in the associate network whereby repayments are made. In a single-tier associate advertising program, the associates are just paid based upon the straight sales or website traffic he has actually described the vendor. All the formerly discussed associate advertising and marketing kinds (i.e. PPS< PPL, and also PPC) autumn under the single-tier category.
– In two-tier associate advertising and marketing programs, the associate is not just spent for the straight website traffic or sales that he describes the seller’s website, yet likewise on every website traffic or sales referred by different other associates that signed up with the associate program via his referral. Multi-tier associate advertising functions similarly, although the associate obtains extra payment for a broader variety of associates in various rates in the associate network.
– Residual Income Affiliate Marketing.
In recurring revenue associate advertising, the associate makes money not just when for each consumer he has actually described the seller’s website. Instead, the associate is likewise paid whenever the consumer he has actually referred go back to the website as well as acquisition one more item. Payment for such sort of associate advertising is based upon either sales percent payment or taken care of cost basis.
The various associate advertising kinds would basically function in different ways for associates as well as sellers alike, as well as each would normally have their very own listing of advantages. Instead, it is for you to select which kind of associate advertising program will certainly fit your features as well as requirements best.
In this associate advertising kind, the seller pays his associate whenever a site visitor is referred to his website, that is whenever somebody clicks with the seller’s banner or message advertisements. In a pay-per-sale kind of associate advertising and marketing, the vendors pay the associate a particular cost whenever the site visitor he has actually referred to the vendor’s website in fact purchases something from the vendor’s website. In this kind of associate advertising and marketing, the associate is paid whenever the site visitor he referred to the seller’s website loads up an application kind or any type of comparable type relevant to the service of the business. Apart from these 3 certain kinds of associate advertising, a whole lot of various other associate advertising kinds exist. There is additionally an additional kind of associate advertising that pays the associate each time the client he has actually referred acquisitions something from the vendor’s website.
The post The Different Types Of Online Affiliate Marketing appeared first on ROI Credit Builders.
Location: Seattle, WA
Remote: Yes
Willing to relocate: No
Technologies: Experienced in Python, AWS, Docker, Postgres. Some experience in Ruby, Clojure, Java, R, MongoDB, Solr, JavaScript, React, etc.
Resume: https://www.linkedin.com/in/cynthia-krafft-ph-d-a1684b1a
Email: cindy.krafft@gmail.com
Please note I am only interested in fully remote positions at this time. I’m happy with my current gig in Seattle but looking to move out of the city once I find an interesting position that supports fully remote work.
Help shape a new machine learning solution category.
Built by experts for experts, SigOpt’s Optimization Solution is fundamentally changing the way models are tuned and revolutionizing the way people build and optimize Machine Learning (ML) models. With our solution customers are building better ML models faster, achieving unprecedented performance across business metrics, and realizing significant gains.
As a Product Manager you will be part of the larger product organization at SigOpt, working closely with senior executives to develop business targets and resource requirements, influencing our long-term technical and business strategy. You will be responsible for understanding customer needs and delivering strategic technical solutions while driving revenue growth and competitive differentiation.
With your passion for AI/ML technology, strong business acumen and judgment, and ability to define visionary products, you will help us hire a talented team of PMs and ultimately enabling us to deliver innovative solutions rapidly. So what are you waiting for? Come Join the ML revolution!
Responsibilities
Lead Product Definition – Own and drive customer needs definition, problem discovery, and solution validation.
Execute Product Planning and Development – Accelerate time to impact on new technologies through experimentation, prototyping, and strong execution.
Lead Product Launch – Own product launch planning, positioning and identify and track key success metrics for your products.
Collaborate across the broader engineering, marketing, sales, customer success, and research teams to define and launch new products.
Be Competitor savvy – Have a clear pulse on innovations across the broader AI community and investigate competitive threats and define what differentiates your
Be Customer centric – Effectively and proactively communicate with customers and build a trusted advisor relationship.
Be an excellent Communicator – Communicate product vision, strategy, goals and progress. Be a spokesperson in conferences, customer and analysts briefings.
Requirements
– Experienced (3 to 5+ years) in product management, product design, data science or engineering with a Bachelor’s degree in Computer Science, Information Systems, Data science, Product design or equivalent
– Excellent written and verbal communications skills on technical topics
– Proven analytical and quantitative skills
– Experience working with customers, technical teams, and management to collect requirements, describe software product features, and technical designs
– Passion for AI / ML technologies and familiarity with the space
Pluses
– Experience in data collection, model building, testing and validation
– Experience with or knowledge of modern machine learning libraries, frameworks, and techniques (e.g., TensorFlow, PyTorch, Deep Learning, Transfer Learning, Keras, NLP, feature engineering, automated hyperparameter tuning, and conventional machine learning techniques)
The Different Types Of Online Affiliate Marketing Associate advertising programs has actually never ever been as prominent prior to as it is today. The most potential factor, nevertheless, might be the reality that the advantages of associate advertising and marketing have actually come to be more clear to a whole lot of individuals currently than … Continue reading The Different Types Of Online Affiliate Marketing
Article URL: https://www.themuse.com/jobs/themuse/director-seo Comments URL: https://news.ycombinator.com/item?id=21245404 Points: 1 # Comments: 0
Business owners hear it all the time. You need business credit to run a business. You shouldn’t run your business using personal credit. Business credit is the best way to ensure you can get the funding you need to build and grow your business. The problem is, you don’t hear a lot about what business credit is, how to get it, or how to build business credit score.
Did you know you can’t automatically build business credit score? That’s right. It isn’t like your personal credit score where accounts are automatically reported. You have to be intentional when you want to build business credit score. In fact, if you have not been intentional, you may not even have business credit yet, despite the fact that you own a business.
Before you can even begin to build business credit, you have to establish your business as an entity separate from yourself. Here is how that happens:
This is the most decisive first step in separating your business credit from your personal credit. When you cease operating as a sole proprietorship and incorporate your business, it will be easier for credit agencies to recognize your business separately. You have a few options.
This is the most definitive separation, but it is also the most complicated and expensive. Before choosing this option, be certain there are reasons other than establishing business credit that it needs to be done. If it isn’t necessary for some other reason, there are other, less complicated, and less costly options.
This option basically offers the same separation as the C Corp, but taxes are paid at the personal level, rather than requiring the business to be taxed as well, resulting in double taxation. It is also cheaper than incorporating as a C Corp. If you aren’t required to file as a C corp, this is a good alternative.
Forming a Limited Liability Corporation results in less liability, thus the name, and offers enough separation to serve the purpose of establishing business credit. If you are not required to be a C Corp or S Corp, this is the easiest and most cost-effective way to create the separation of business and personal credit needed.
Share our foolproof business credit building checklist and tell your friends about how you’re building business credit the quick and easy way.
You need to apply for an EIN and stop using your Social Security Number as the identifying number for your business. Your SSN is tied to you, personally, and it is virtually guaranteed that anything connected credit-wise will end up on your personal credit reports.
The process for applying for and EIN is easy. The IRS has an online form, and as soon as all the information is verified you receive your number. It typically happens almost immediately.
Dun and Bradstreet (D&B) is the most widely used business credit reporting agency. They issue each business on file a 9-digit DUNS number. Application is easy and free, and once you have that number, you will be even closer to establishing credit for your business separate from your own.
Your business needs its own phone number. This way, when you apply for credit, you can enter contact information that is separate from your own. When information is reported to agencies, sometimes the phone number is an identifying factor. If you and your business share a number, that just decreases the level of separation.
Be sure you get your business phone number listed in the directory under the business name.
There has to be a dedicated business bank account. Run all business transactions through this account. Resist the temptation to pay personal expenses from it by paying yourself a salary instead.
The next question is, how do you build business credit score if you have business credit already, but it is bad?  How do you improve your business credit score? It is impossible to improve on anything if you do not know what you are starting with, what you have to work with, and what you have control over. Let’s break down where exactly your business credit score comes from and what it means.  This is important to get a good starting point.
Dun & Bradstreet offers several different types of business credit reports. In fact, there are six different reporting options in all. They all offer different information related to credit worthiness. It takes all of them to get the whole picture.
The report most used is the PAYDEX.  This is probably because it is the easiest to understand. It is the options most like the consumer FICO score. It measures how quickly a customer makes payments and ranges from 1 to 100. Scores of 70 or higher are acceptable.  For reference, a score of 100 shows payments are made in advance, and a score of 1 indicates that they are 120 days late, or more.
Experian uses what it calls Intelliscore as its credit ranking. There are more than 800 different factors that they use to predict a company’s credit risk. With Intelliscore, a score of 76 or higher indicates a low risk of default or late payment. If a score falls between 51 to 75, it indicates a low to medium risk. Scores from 26 to 50 are medium risk, and from 25 down to 1 is medium high to high risk.
Experian Commercial offers a number of other scores as well, similar to Dun & Bradstreet.
Equifax gets its business credit data in ways similar to D&B and Experian. They get Net 30 type industry trade credit information from a wide variety of suppliers that provide products and services to businesses on an invoice basis.
In addition, they use financial data with this industry trade data, and they add in utility and telephone payment data. They also use public records information.
Share our foolproof business credit building checklist and tell your friends about how you’re building business credit the quick and easy way.
 Equifax Business credit scores include:
It is scored on a scale of 1 to 100, with 90+ indicating that a business has paid its obligations as agreed. An 80 to 89 means they are 1 to 30 days past due, 60 to 79 indicates they are 31-60 days overdue, 40 to 59 is 61 to 90 days past the payment date. It just goes down from there.
This score indicates the chance of a company paying its bills late on the following scale:
The FICO SBSS is the business version of your personal FICO credit score. It is becoming increasingly more common for lenders to use this score, rather than the Experian or even the D&B PAYDEX business credit score.
Unlike your personal FICO, the SBSS reports on a scale of 0 to 300. Of course, the higher the better, but most lenders require a score of at least 160.
This is a lot different from other business credit scoring models because it combines your business credit score, personal credit score, and other financial information such as business assets and revenue. It is a total global financial picture rolled into one score.
Unfortunately, there are not a lot of ways to find out what your business credit score is without paying. Find out how to get business credit reports for free here. Most options do not work on a continual basis however. You will eventually have to pay.
The prices are not cheap. Here are the prices for the top 3 business credit reporting agencies:
As for your FICO SBSS, that is a whole other story. You cannot really get a copy of it because it will be different from lender to lender. They system calculates a score based on what the lender tells it to look for. This means the lender can weight certain aspects of the calculation. For example, if one lender says that they want the personal credit history to be heavily weighted and another prefers to focus on another type of debt, those two lenders will have two different scores. Meanwhile, another lender may leave out student loans all together. The next may not want any personal credit information at all. With the huge number of possibilities, you could feasibly have a different FICO SBSS score every time.
With Credit Suite, you can monitor your scores with Dun & Bradstreet and Experian for a fraction of the cost. Get more information here.
Once you understand where it comes from, what it is, and what it means, you can get to work and build business credit score. Here are some of our favorite tips.
The fastest way to build business credit score is to get as many accounts as possible reporting on-time payments. The fastest way to do this is to work with starter vendors.
These are vendors that will offer net terms on invoices without a credit check. After you pay, they will report those payments to the credit agencies. As more and more of these vendors report your payments, your business credit score will start to grow.
Another way to get more accounts reporting on-time payments is to ask vendors you already work with to report. You pay things like rent, utilities, and your telephone bill each month. Sometimes if you ask them, they will report those payments. They are not required to though.
This is one thing that a lot of business owners do not realize they can do to build business credit score. Once you are able to see your business credit report, be sure to dispute any mistakes you find. Do this in writing. When you send the letter, you have to be very detailed about what the mistake is. Be clear about the correct information, and send copies of supporting documents. These are documents like receipts and cancelled checks. Additionally, use certified mail to send dispute information. .
Dispute your or your business’s Equifax report by following the instructions here: www.equifax.com/small-business-faqs/#Dispute-FAQs.
You can dispute mistakes on your or your business’s Experian report by following the instructions here: www.experian.com/small-business/business-credit-information.jsp.
And D&B’s PAYDEX Customer Service contact number is here: www.dandb.com/glossary/paydex.
Share our foolproof business credit building checklist and tell your friends about how you’re building business credit the quick and easy way.
The Small Business Finance Exchange collects information from its members for their database. They then provide this information to partner credit agencies. These credit agencies can then distribute that information to other SBFE members seeking credit data on potential borrowers. Consequently, by doing business with members of the Small Business Exchange, you ensure that the credit agencies have as much information as possible related to your business.
It’s important to remember that using too much of your available credit can cause problems. Your credit utilization, as indicated by your debt-to-credit ratio, needs to stay as low as possible. So you cannot use up every bit of credit you have. Carrying balances close to your limits will raise this ratio. As a result, your credit score will go down. Granted, you need to carry balances and make payments to get those payments reported. However, avoid getting too close to your limits.
Despite the fact that business credit is separate from your personal credit, there are some business credit reporting agencies, like Experian Business and FICO SBSS, that use your personal credit history in the calculation. As a result, it is possible for a poor personal credit score to have a negative effect on your business credit score. So don’t neglect it.
Here’s the thing. It will not do you any good to get more accounts reporting, correct mistakes, or work with SBFE members if you are not making payments on time. Regardless of how much credit you have available and how little you are using, not paying will tank your score fast. Hence, it will totally negate any progress you make to build business credit score. You just have to pay, on-time, and consistently.
Whether you are starting from scratch or trying to build up a bad score, trying to build business credit score can be completely overwhelming. Honestly, you have to start somewhere though, right? These tips can help you find a good starting point, and from there you just keep swimming.
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