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  2. How to open a credit file for a new business - AOL

    www.aol.com/finance/open-credit-file-business...

    Start as a sole proprietor. ... (LLC), partnership or corporation, then you’ll need to start a business credit file if you don’t have one already. The specifics of how to open a business ...

  3. How to open a credit file for a new business - AOL

    www.aol.com/finance/open-credit-file-business...

    Start as a sole proprietor. ... you won’t necessarily have to establish business credit before applying for a card. Lenders can base their decision off of your consumer credit profile. Then ...

  4. How to build and get business credit - AOL

    www.aol.com/build-business-credit-163000354.html

    Ramp explains simple and effective ways to build business credit quickly, no matter what stage your company is at. Ramp explains simple and effective ways to build business credit quickly, no ...

  5. Employer Identification Number - Wikipedia

    en.wikipedia.org/wiki/Employer_Identification_Number

    The EIN serves a similar administrative purpose as a SSN, but for a business entity rather than an individual person. In some cases, such as a sole proprietorship, an SSN may be used as a business Tax ID without applying for a separate EIN, but in order to hire employees or establish business credit, an EIN is required. Unlike a SSN, an EIN is ...

  6. Self-employment - Wikipedia

    en.wikipedia.org/wiki/Self-employment

    Self-employment provides work primarily for the founder of the business. The term entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to grow big or become registered, but the term startup refers to new businesses that intend to provide work and income for more than the founders and intend to have employees and grow large.

  7. Flow-through entity - Wikipedia

    en.wikipedia.org/wiki/Flow-through_entity

    However, if one is the sole member of a domestic limited liability company (LLC), one is not a sole proprietor if one elects to treat the LLC as a corporation. [5] In the United States, sole proprietors "must report all business income or losses on [their] personal income tax return; the business itself is not taxed separately.

  8. Free Accounting Tools for Small Businesses

    www.aol.com/free-accounting-tools-small...

    Staying on top of your bookkeeping doesn’t have to be expensive or time-consuming. Check out these 10 free accounting tools for your small business.

  9. What documents are required for a business line of credit? - AOL

    www.aol.com/finance/documents-required-business...

    Bankrate insight. According to the SBA weekly lending report, so far in 2023, most SBA CAPLines have loan amounts between $350,000 and $500,000 (14.3 percent) and $500,000 and $2 million (54.5 ...

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