It’s not a matter of if, it’s a matter of when.. the false alligator will still bite you
https://www.instagram.com/reel/DEfKWhpuaRT/?igsh=NzdsbTBiZ3VsdzRk
Ok, here’s something I probably shouldn’t tell you.
If you want to get money to do business and need to improve your business fundability profile here is a suggestion:
Step 1. Open a business checking account somewhere and make a deposit. At least $100, but $1,000+ is better.
Step 2. Connect your business bank account to your credit card(s). Doesn’t matter if they are personal or not but it’s better if they are business cards. AMEX looks the best.
Step 3. Pay for everything with your credit cards (I’ve told you to do this before, if you’re not already doing it what the fuck is wrong with you?)
Step 4. Send the cash for your credit card payments to your business bank account and pay them by ACH every month. ONLY PAY CREDIT CARD BILLS FROM YOUR BUSINESS BANK ACCOUNT FOR THE TIME BEING.
What have you done?
What you’ve done is created cash through your business bank accounts that will look like it’s from your business activity.
Why is this important?
If you are looking for funding, say via an SBA term...
