A good start for a new company is to get in touch with Dunn and Bradstreet, the experienced corporate compiler of information and statistics. Dunn and Bradstreet will interview you and find out about your company, and help you with information that they share.
The data that they share is not about individual companies, but statistics in general about markets, finance and general overall business strategies.
Over time, Dunn and Bradstreet will give you a rating which can help you with your own business credit. Business or corporate credit has nothing to do with your personal or individual credit, but is based on your company’s overall business history.
By utilizing the experience and data reporting functions of Dunn and Bradstreet, a business can tap into a wealth of data and information that can be used for marketing, research, and future business reasons. Dunn and Bradstreet can also be an early warning system for business trends that can affect business, marketing and credit situations.
In the process, a credit report is built with Dunn and Bradstreet, and they will assist you in monitoring it as you build and grow your business. They do not guarantee that you will achieve certain credit scores, but they do have lots of useful advice on how you can build a respectable score over a period of time.
Some of the areas in which a business owner can receive assistance include “Six steps to Business Credit” where you will receive guidance in establishing and receiving a good credit standing in case you ever need to take out a business loan.
Dunn and Bradstreet will also issue a D & B number which has become an industry standard as far as being known as a reliable and stable business.
Dunn & Bradstreet emphasizes why it is important for you to get your own business credit card. A Corporate credit card is a better way to do business, as it is separate and apart from your personal credit cards and it is judged on it own merit. Your corporate accounting will be simplified, and personal liability will be stopped at the door of your company.
Dunn and Bradstreet has plenty of good information on why and how to keep and maintain a good credit score for your company. Utilizing years and mountains of data, Dunn and Bradstreet will be of great assistance in this area.
Getting established with Dunn and Bradstreet at some time along the way of the establishment of your business is always a good idea. For a modest fee, you can establish your Dun and Bradstreet number which is recognized world-wide as being the distinctive benchmark for established businesses. If you have an association with Dunn and Bradstreet, then it is assumed that you are reliable until you prove that you are not.
It would be profitable for every serious business person to investigate Dunn and Bradstreet’s services and find out how such a relationship might be of benefit.