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Business Credit 101

Valued Member

Re: Business Credit 101

THANKS FOR THE INFO IT HELPS A LOT

Message 81 of 196
Highlighted
Moderator Emeritus

Re: Business Credit 101

I have UPS, and maybe it is the homebased nature of my business, but it is hardly net 30. I think it's more like net 5. And expensive. Whew! I only used it to get reporting, but it was twice as expensive as the post office and not any better service-wise.
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Do what is true in spite of the consequences--your future is only as true as you are.
Message 82 of 196
Regular Contributor

Re: Business Credit 101

Thanks ByrdMan, I was going to contact UPS to see about setting up an account, for reproting purposes, but if their expense warrants a "whew," thanks but no thanks.  Didn't realize the net5 nature either, FedEx probably won't fair much better.  To whom did they report anyway?
Message 83 of 196
Moderator Emeritus

Re: Business Credit 101

I only know that they report to D&B. They may report to others as well, but I wouldn't know if they did.

Well, I have a regular package that send to Utah overnight. At USPS, it costs $16.95. At UPS, it's about $29. I made the mistake of having them pick up the item from me (the very first time that I used it) and it cost nearly $40. Then, I got an email the next day reminding me that my payment was due (it was about five days after I sent the package). No thanks.
___________________________________________________________________
Do what is true in spite of the consequences--your future is only as true as you are.
Message 84 of 196
New Contributor

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Message 85 of 196
Established Member

Re: Business Credit 101

One thing I must say is Negotiating is the Key when you say that you know that you have to do a personal Guarantee your goal should be not to have a Personal Guarantee, You want to protect your personal assets if you tell them that you'll back out they should negotiate the lease without your personal Guarantee I rented a 9700 space no guaranteed it was (I know your going to think I'm joking ) But it was only 3700 yes 3700 and that is because I entered a 5 year no guarantee we smashed it negotating and flashed a couple dollar signs in their faces. Unless you already have clientele I usually recommend a area that gives you good exposure and the ability for people to notice your salon.
Message 86 of 196
Established Member

Re: Business Credit 101

Does Usps Report to experian or dun and Bradstreet
Message 87 of 196
Moderator Emeritus

Re: Business Credit 101

D&B for sure. Not sure about any others.
___________________________________________________________________
Do what is true in spite of the consequences--your future is only as true as you are.
Message 88 of 196
Established Member

Re: Business Credit 101

 Is this for the delivery service ? Or stamps, like the auto stamps that you add to money too directly out of the account.

Message 89 of 196
New Contributor

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Message 90 of 196