Released on: July 6, 2008, 11:54 pm

Press Release Author: Pat Gage

Industry: Financial

Press Release Summary: Pat Gage's free CD on the 10 steps to money is gaining in
popularity among business owners in New York

Press Release Body: Business owners have learned how obtaining a business credit
card is one early step toward building business credit. Pat Gage explains this is
not the same as using personal credit to obtain a credit card with a business name
on it. Obtaining a business credit card relies on business credit information, not
on personal credit information. It might be necessary to use personal credit to get
started; after fulfilling certain basics, a business should be able to rely on
itself for credit.
Pat explained the basics including incorporating a business as a legal business
entity. This does not include DBAs (individuals Doing Business As company x). One
should consult a local business attorney about incorporations that are available in
their state.
Another basic for building business credit is establishing a business phone that
matches the business address in the national 411 directory. Even business cell phone
service can be set up for this. Residential addresses are okay, too. Just be sure to
be listed as a business in 411 and that all information is correct. Always give
lenders this same information.
The last basic step Pat covers involves building credit with vendors. If one is in
the service industry, they can develop accounts with their office supply, internet,
and phone service providers.

Pat concludes by explaining the application process after the above basics are met.
A solid business will be able to fill out the applications with all business
information; business sales numbers, assets and liabilities, creditors (vendors) and
business references. No personal information should be included in the application.
One last bit of advice: use the business credit card wisely; this is the beginning
to building a credit profile for applying for larger lines of credit as the
business grows.
Pat Gage, The Opportunity Creator, and a leading expert in the field of business
credit has helped a number of clients target his specialty - starting, expanding,
and growing their businesses through his trademarked 10 Steps to Money System. The
Opportunity Creator is not only a sought after business credit coach, but also a
national speaker. For more information on any topic discussed, visit Gage's site at
http://www.10stepstomoney.com
Contact:
Destiny Now, LLC
33006 7 Mile Road Suite 423
Livonia, MI 48152
Phone: 734-261-0688
Toll Free: 877-262-0688
Fax: 734-422-6168
Email: info@opportunitycreator.com
This press release was submitted by Right Now Marketing Group, LLC


Web Site: http://www.10stepstomoney.com

Contact Details:
Destiny Now, LLC
33006 7 Mile Road Suite 423,
Livonia, MI 48152
info@opportunitycreator.com
Phone: 734-261-0688