How to start a credit repair business

 

Here’s how to start a credit repair business               

1. Connect with Your Audience

When you consciously construct your personal brand, it becomes an advantage. Your point of view, objectives, and ambitions not only define who you are, but they also invite others to join you on the trip. Others become interested in what you're doing and want to be a part of it.

 

2. Increase Credibility and Loyalty

People who have a strong personal brand believe they know who you are and what you stand for even before they meet you. Their bond with you begins before they ever meet you, in some instances.

3. Register for taxes

The next step before you can begin paying taxes is to obtain an Employer Identification Number, or EIN.  

 

4. Establish a company credit card and bank account.

Separate commercial banking and credit accounts are required for personal asset protection. If your personal and company accounts are connected, your personal assets—your home, vehicle, and other valuables—are at risk if your corporation is sued.

 

5. Establish a business accounting system.

Understanding the financial performance of your company is dependent on keeping track of all of your expenses and revenue streams. Keeping precise and complete records also makes filing your yearly taxes much easier.