Wednesday, March 17, 2010

What is the best way to make a business owner realize how important their business credit report is?

what is the best way to make a business owner realize how important it is, to establish their business credit report with dun %26amp; bradstreet (even though they have to pay a few hundred bucks for thevalidation) even if they do not intend to use it for credit purposes?





everyone thinks that they can use their personal credit for their business, and feel that no one cares about d%26amp;b is this true?

What is the best way to make a business owner realize how important their business credit report is?
The reality is that for a small business to medium sized business owner who does not have need for outside financing or already has that financing relationship in place, they have little need to be listed on d%26amp;b.





Also most privately held companies do not want to put out to the public the information that d%26amp;b typically asks for. I worked for a privately held German company that did over $100,000,000 a year in sales and did not list with d%26amp;b or give out any financial infromation for any reason. Any vendor that requested financial information was simply told we do not give that out.





I currently work for the owner of a privately held company who wishes he had never listed with d%26amp;b.





You asked what the best way is to make business owners want to go with d%26amp;b, well you have to get past the issues above.

tanning

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