How to get a Business Credit Card Without a Business
69.7 هزار بار بازدید -
5 سال پیش
-
When I mention you can
When I mention you can get a business credit card without having a business, people automatically think about the CIA breaking through the door and chase calling code blue. ✅Free LLC: http://bit.ly/Zenbusiness✅
In reality its a lot more simple than you think, so in this video, I’ll tell you how to do it, and also with no lying involved. I don’t want you to lie, on your application because that could cost some issues. (and you should never do it )
How to Get a Busines Credit Card without a Business
Segway: But guys lets get into the video I'm breaking down, how exactly you can get a business card without having a business officially.
1. There are two ways you can apply, as a sole proprietorship with your social or as a corporation with an EIN number. Let me explain.
For Example:
When I got my business official, I got what you call an LLC, Limited Liability Company.
This way when angry companies try to sue me for being honest
They'll just sue the business, which I can make sure has no financial gains at the moment ( all legal of course) This way they can't come after my personal assets.
Now: To create an LLC, here's how you do it
You’ll have to pay filling in your state: prices are different are vary
And you’ll have to pay the person that set it for you, usually a fee of 200+
But… if you do it how I did it, then it comes out free
I used ZENBusiness and they file the business for free
Link to Zen:
Tip: If you want to start a side hustle, this might be a good reason to do it also.
Btw: and EIN Number is just an identification number for your business, like what your social is to you
2. Sole Proprietorship
Example:
This is the easiest one, but if your business turns real and official, then you’ll be liable for any liabilities.
But don’t worry you can always convert it into an LLC
So if things do get serious you can make it more official.
How this works:
When you apply, they’ll ask you for your social security and it will be based on you
Because a sole Propriaship just means, you’re the owner and you take all the risk, and also are responsible for all the debts.
Not my favourite but the easiest if your not really that active.
3. What business can I make
Example:
When they initially make you a business account, they’ll use it with your information usually and the corporations
Same for a credit card, because most first-time agreements require to be liable
But I’m telling you this to let you know you don’t need a billion-dollar in the sales business, it can be 100 bucks a month
Examples;
Selling things on eBay: I did for a while, you can go to goodwill or sell items around the house and call a business.
Freelancing: Fiverr, Upwork, if you have a skill and you use it once a month, then that’s a business
Consulting: Hey I consult my friend on how to do what I just did and charged him $5, that’s a business.
Driving for rideshare apps: I drive uber and uber eats once a month, things are hard but that’s a business.
Babysitting – mom pays me to babysit, it's my business.
4. But Tommy what about my credit | how I’m I going to get approved and will it hurt me
Well, the answer is not as simple as 1-2 but its as simple and 1-3 (it's not supposed to make sense, don’t overthink it)
But some credit cards report the balance and some don’t
Example Discover and Capital One have a reputation for reporting what goes on in your business account to your business credit score
But chase has never done it to me
Solution: ask them before you apply.
5. Pros
Huge Signup bonus ( double UP)
Sign up bonus on business accounts
More benefits
More cashback
Video on Free LLC: How to Create an LLC for Free 2021 ( ...
PRO TIP*
INFORMATION IS EVERYTHING
👕Merch👕
https://teespring.com/stores/tommybryson
✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬
🎁ACORN FREE $5🎁
Link: https://acorns.com/invite/38EYSU
⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9
👨🏽💻DISCORD PRIVATE GROUP👨🏽💻
Discord: discord
My Camera Gear: https://amazon.com/shop/tommybryson
✔ Help Us Reach 100,000 Subscribers: https://goo.gl/0wvm6w
Social Media~
Facebook: Facebook: tommybryson.yt
Twitter: Twitter: TommyBrysonVlog
Instagram: Instagram: tommybryson
Snapchat: tommy28fly
In reality its a lot more simple than you think, so in this video, I’ll tell you how to do it, and also with no lying involved. I don’t want you to lie, on your application because that could cost some issues. (and you should never do it )
How to Get a Busines Credit Card without a Business
Segway: But guys lets get into the video I'm breaking down, how exactly you can get a business card without having a business officially.
1. There are two ways you can apply, as a sole proprietorship with your social or as a corporation with an EIN number. Let me explain.
For Example:
When I got my business official, I got what you call an LLC, Limited Liability Company.
This way when angry companies try to sue me for being honest
They'll just sue the business, which I can make sure has no financial gains at the moment ( all legal of course) This way they can't come after my personal assets.
Now: To create an LLC, here's how you do it
You’ll have to pay filling in your state: prices are different are vary
And you’ll have to pay the person that set it for you, usually a fee of 200+
But… if you do it how I did it, then it comes out free
I used ZENBusiness and they file the business for free
Link to Zen:
Tip: If you want to start a side hustle, this might be a good reason to do it also.
Btw: and EIN Number is just an identification number for your business, like what your social is to you
2. Sole Proprietorship
Example:
This is the easiest one, but if your business turns real and official, then you’ll be liable for any liabilities.
But don’t worry you can always convert it into an LLC
So if things do get serious you can make it more official.
How this works:
When you apply, they’ll ask you for your social security and it will be based on you
Because a sole Propriaship just means, you’re the owner and you take all the risk, and also are responsible for all the debts.
Not my favourite but the easiest if your not really that active.
3. What business can I make
Example:
When they initially make you a business account, they’ll use it with your information usually and the corporations
Same for a credit card, because most first-time agreements require to be liable
But I’m telling you this to let you know you don’t need a billion-dollar in the sales business, it can be 100 bucks a month
Examples;
Selling things on eBay: I did for a while, you can go to goodwill or sell items around the house and call a business.
Freelancing: Fiverr, Upwork, if you have a skill and you use it once a month, then that’s a business
Consulting: Hey I consult my friend on how to do what I just did and charged him $5, that’s a business.
Driving for rideshare apps: I drive uber and uber eats once a month, things are hard but that’s a business.
Babysitting – mom pays me to babysit, it's my business.
4. But Tommy what about my credit | how I’m I going to get approved and will it hurt me
Well, the answer is not as simple as 1-2 but its as simple and 1-3 (it's not supposed to make sense, don’t overthink it)
But some credit cards report the balance and some don’t
Example Discover and Capital One have a reputation for reporting what goes on in your business account to your business credit score
But chase has never done it to me
Solution: ask them before you apply.
5. Pros
Huge Signup bonus ( double UP)
Sign up bonus on business accounts
More benefits
More cashback
Video on Free LLC: How to Create an LLC for Free 2021 ( ...
PRO TIP*
INFORMATION IS EVERYTHING
👕Merch👕
https://teespring.com/stores/tommybryson
✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬
🎁ACORN FREE $5🎁
Link: https://acorns.com/invite/38EYSU
⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9
👨🏽💻DISCORD PRIVATE GROUP👨🏽💻
Discord: discord
My Camera Gear: https://amazon.com/shop/tommybryson
✔ Help Us Reach 100,000 Subscribers: https://goo.gl/0wvm6w
Social Media~
Facebook: Facebook: tommybryson.yt
Twitter: Twitter: TommyBrysonVlog
Instagram: Instagram: tommybryson
Snapchat: tommy28fly
5 سال پیش
در تاریخ 1398/11/26 منتشر شده
است.
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