How to get funding for your business? Are you ready to take your business to the next level but
you need a little doe to get it done? Well, this is great news. We have more money historically
speaking than ever for businesses. But you got to know how to get it done, where to look and what
to say when you get there. I'm going to tell you the full truth like Noelle always does. Let's go.
I'm going to give you a step-by-step process on how to get funding for your business
now. I'm going to share with you 5 easy things that you can do to get money for your business in
less than 30 days. And I'm going to share with you my dirty little secret on how to get about 100k
in weeks, not years. So, as a business owner, there are some real benefits that you want to
start taking advantage of and one of them is going to be business credit. But before we get
into that, let's talk about what it is to have a true business that's going to give you all
of the benefits to unlock all of this funding. As an entrepreneur, Noelle runs 6 businesses.
I get these great ideas. Some of them have worked out, some of them don't. But I'm going to tell
you how to have a successful business and get all the funding so you never have to worry about money
ever again in your business. As a business owner it is important to take your business
seriously and dedicate your time to it. But if you're like Noelle, you probably have a job. I'm
not sure if you do or if you don't. But I know when I started, I was working for someone else
and I had to transition from working for someone else to start working for myself as a full-time
entrepreneur. And most people will tell you that this is impossible. That this is hard to do or
this makes it more difficult. But actually, that is not true. In fact, I find that people that have
a job and that have decent income are able to get their businesses launched way faster than people
that just quit their job and then try to start their business. And I'm going to tell you why.
As a business owner, I own my own time. I have my own business, I set my hours, I pick my clients,
I decide what it is that I want to do in my business. I no longer have to take assignments
that I don't want to take or work on things that I don't want to work on. I got to create the
business that I wanted. Additionally, I was able to write off most of the expenses that employees
are not able to write off. In fact, I always use the jay-z line. I'm not a businessman, I'm a
business, man. In other words, you become your own business and pretty much everything that you do in
your life becomes a tax write-off because you're a business. And with the fact that you can have your
own business, you then get to set your own income. You're not really capped at your job. Whatever
they pay you, they pay you. Whatever their bonuses are, their bonuses are. But with your own
business, you get to decide and you get to create and expand as you choose. You may want to create
a business where you only make 5 or 10 thousand dollars per month and go surfing and shopping most
of the time. Totally okay. There's been years when I've done that. Or you can take it to the max and
have a multi-million dollar business with lots of employees and work in your own business and grow
it to the level where you can just make a big old corporation like Jeff Bezos or Bill Gates. Again,
you get to decide. And that is the true benefit and advantage of having your own business. So,
let's talk about how you get it done and get all the money that you need. So, as I mentioned
before, your business is you. You get to create whatever business it is that you want to create
whether you're selling products or you're selling a service. But before you can actually start
getting funding, you have to be clear in your mind what it is that you are doing. In other words,
you need to write a business plan. I know, i know. People say, "Oh, this is hard. It takes too long."
But the truth of the matter if you really want to start unlocking a lot of funding, you need to get
really clear on your vision for your business. And you're going to have to write it down
or type it up. And so, one of the things with the business plan that's going to be most important
because it should not take you more than a couple hours to sit down think about what it
is that you're going to be selling or doing, who your target clients are, how much are you
going to be charging for your product or service and what is your plan, okay? How are you paying
for this? How much are you going to spend on marketing and how much do you expect to make?
Those are the key things that you need to come up with your business plan.
No. You don't have to do so much market research and see what other people are doing and find
who all your competitors are and all this other stuff. Now, trust me. I have two master's degrees.
One in economics from Penn State and I literally have my MBA from Baylor. And I know
some people can tell you that you need to do these long-drawn-out business plans and spend hours or
pay companies to do them. And I'm not going to say whether you should or you shouldn't, but I'm going
to tell you I never have. I think the best person to do your business plan is you. It's your vision,
you create the business and you do what it is that you are going to do. I gave you the 5 key areas of
what you need to do and that is pretty much the basis of it. And doing so will allow you to be
able to show this to other people and unlock the funding that I'm going to tell you about.
So, step one to getting your business funded you're going to need a real business. Okay, guys?
You have to name your business. You're going to have to register the business with your
secretary of state. And what that means is you're going to need to get either an LLC
or a C corp or an S corp. You're going to have to register the name and the business. Now again,
I am not an attorney or a tax professional. So, I'm not going to be able to guide you on that
legally. However, if you have questions please reach out to your accountant or your lawyer
as to which structure is best for you. But I will tell you, when I got started, I mostly used LLC's.
I know there are people out there probably some of them on YouTube and on podcasts and things
like that that will tell you that you do not need to get your business license in order to do this.
But I'm going to tell you, if you're not serious enough to go get the business registered with the
state and actually start a business, you're going to find very few people that want to invest in
you. And essentially, what business funding is is that is other people's money that's a
bank or a lender or a venture capitalist or angel investors investing in your business.
And if you won't invest the time and the effort to actually make your business a true entity,
you're going to have a very very difficult time finding anyone to do that for you. So, get the
business register with the state. The next step, very easy. Get an EIN number, get a professional
email, get a professional website, okay? And a professional phone number. So, those are the
steps that you're going to need. You're going to need to name your business, you're going to need
to register with the state, professional phone number, professional email, professional website,
EIN number. Sorry, 6 things that you need right there. The EIN number is completely free. It
stands for employer identification number. And this is what you're going to need in order to
write these things off and have a business that is recognizable by the IRS. So, don't skip that step
because that's going to be important for how you double or triple the amount of money that
you can get. Let me tell you. So, let's talk about how you build business credit quickly.
So, I'll quickly explain to you that there is a thing called business credit. Alright? If you
don't already know, we have personal credit and we also have business credit. And the two things
do not have to intersect if you don't want them to. If you create a legal business, you can start
to build business credit and you can do it very, very quickly. In fact, I made an entire video that
breaks down business credit, how to get it, how to understand it. And I'm going to put a link below
so that you can watch that entire video so you have a full understanding of business credit.
But I'll quickly give you an overview. So, you can build business credit very fast. In fact, once you
do those things that are outlined, you can build business credit in 3 ways. Because there's 3
types of business funding. There's vendor credit, there's store credit and then there's cash credit.
Now, if you have bad credit, you can go through those steps and start to build business credit
pretty quickly and never use your social security and never ever rely on your personal credit. If
you have decent personal credit and you want to leverage that to get business credit,
that is an idea that you can do as well again. I have a whole video that teaches you all about it.
I'll make sure to put a link below. But the key to doing this is you will literally start to be able
to get funding for your business quickly. In many cases, you can go to vendors like Uline, Quill and
Granger and start to build your credit profiles. Before you do that, you will need to get your Dun
and Bradstreet number. This is also free. You go to dnb, which stands again for Dun and Bradstreet.
Again, you have to have your full business, you go through it, you get your Dun and Bradstreet number
and they will create a business credit profile. This is just like your personal credit only is
for your business and they're going to be looking at something totally different than is looked at
on the personal credit side. So, that's a great benefit for you. Now, you have a situation where
you can unlock lots of funding for your business in your business's name without being on your
personal credit. So, regardless to whether you have good personal credit or bad personal credit,
you can have excellent business credit with millions of dollars in your business's name
in just a matter of months. Again, if you have bad personal credit you're going to have to
start with vendor credit, build that profile then move to store credit which will be like gasoline.
You know, like Shell station and Chevron station. They will give you credit cards for your business
and then wait a couple of months and then you can move up to cash credits such as American Express,
Chase business, Capital one business and those type of credit cards and those lines of credit.
It's amazing. Okay. Now, here's a big secret that I'm going to share because I
am what they call a business credit guru. And I love business credit now.
So, let me tell you some secret stuff that's new that's kind of just coming out that will
help you build your business credit fast and get you funding again in weeks, not months.
After you have set up your business, make sure you get a business checking account. Like I said,
we are in historic times. There is more money out there for businesses than ever before.
So, if you get a business checking account, I have students that are getting offers in their
businesses name on day 1. Literally they get their business checking account and they're getting
offers for business credit cards right from the same bank that gave them the business checking
account. I had a student that got $24,000 from Bank of America and that business was not even
2 years old. So, don't think that that's going to be the requirement because it really does depend.
Additionally, we have PayPal business and square business so you must have your business set up and
you must have an EIN and then make sure you set up a free PayPal and square business account, okay?
After a few months of doing some transactions, PayPal is starting to offer people 10-20 thousand
and working capital for their business. This can get you off to a really great start. And as a
bonus, because this is Noelle and this is what I do and you stay with me to the end and those of
those that clicked off the video, they're going to miss this. I'm going to tell you about another one
that's new. It's called five-star processing. You can check it out. I'll put a link below.
They are offering business credit to people with even scores as low as 300 personal
credit scores. You can get merchant processing from them and they are offering business lines
of credit. It's amazing. Click the link below. It's absolutely free to get set up. And I have
a student that already has $30,000 right from them. And his business is not even a year old.
So again, you can do it too. Okay, guys. I have sheared all the beans but I have even more for
you. If you want more information and you want a full training, I have created a full course.
Just go to noellesfreetraining.com. Make sure you click that little like button. Make sure
you subscribe to my channel. I'm growing like crazy. Please subscribe. Make sure you click
the little notification bell so you don't miss any of this training. This is Noelle. To your success.