Seven Steps to Creating a Solid Business Credit Foundation

Starting and maintaining a successful business requires a solid credit profile, and one important tool for building that profile is registering with Dun & Bradstreet (D&B). D&B is a leading provider of business credit information, and having a D-U-N-S Number is often a requirement for obtaining business credit. If you're an entrepreneur between the ages of 25 to 40, here's a step-by-step guide on how to register your business with D&B:

1. Visit the D&B website: The first step is to go to the D&B website (https://www.dnb.com/) and click on "Get Started" to begin the registration process.

2. Provide Basic Information: Fill out the form with your business information, including your business name, address, and contact information.

3. Verify Your Business: Provide evidence of your business’s legal structure, such as articles of incorporation or a business license.

4. Submit Financial Information: Provide financial information about your business, including revenue and the number of employees. This information will be used to generate a D-U-N-S Number for your business.

5. Review and Approve Report: Review the information in your D&B report and make any necessary updates or corrections. Once you have approved the information, your report will be published.

6. Monitor Your Report: Regularly monitor your D&B report for accuracy and make any necessary updates. This will help maintain a strong business credit profile and increase your chances of getting approved for credit.

7. Consider Upgrading to a Paid Subscription: You may choose to upgrade to a paid subscription to receive additional benefits, such as access to credit reports and monitoring services.

It's important to note that the process of registering with D&B can take several weeks, so it's recommended to start the process well in advance of when you need a credit report. Building a strong business credit profile takes time and effort, but it's worth it in the long run. Registering with D&B is a great first step towards achieving financial stability and success for your business.