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Essential Tips for Securing Business Funding: Avoid Common Pitfalls
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In this episode of The Respect by Blueprint Show, the host addresses common frustrations faced by entrepreneurs when trying to secure business funding despite having a good personal credit score. The episode emphasizes the importance of a properly structured business and covers various business structures, including Sole Proprietorships and LLCs. It also highlights critical aspects that lenders consider, such as business addresses, phone numbers, EIN numbers, and the significance of the NAICS code. Additionally, time in business, opening a business bank account, and monitoring business credit reports are discussed. Viewers are encouraged to tighten their business structure to improve funding chances and are invited to join a free community for further resources and support.
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