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New comment by dizzystar in "Ask HN: Freelancer? Seeking freelancer? (December 2020)"

SEEKING WORK

Location: Los Angeles, CA

Remote: yes

Backend contractor in Clojure, Python, and Databases.

Website: https://butternotes.com

— tech stack in butternotes: clojure, postgresql, vuejs, musicxml and other music-related libs.

github: https://github.com/dt1

During the past few months, I’ve learned some NodeJS and VueJS. I’m currently learning how to build audio VSTs, using C++ and the Juce framework.

email: [email protected]

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The post New comment by dizzystar in "Ask HN: Freelancer? Seeking freelancer? (December 2020)" appeared first on Business Marketplace Product Reviews.

The post New comment by dizzystar in "Ask HN: Freelancer? Seeking freelancer? (December 2020)" appeared first on Buy It At A Bargain – Deals And Reviews.

Who Ya Gonna Call? Don’t Let a Bad Small Business Credit Score Haunt You

It’s that time of year when you’re thinking about spooky things lurking behind every corner.  But your business credit score doesn’t have to be one of those things that goes bump in the night. You can call on these bad small business credit score busters to rescue you.

5 Bad Small Business Credit Score Busters

When it comes to a small business credit score, no score is the same as a bad score.  So, whether you actually have bad small business credit, or you don’t have a small business credit score at all, you are in the same boat.  The best place to start is at the beginning.

Bad Small Business Credit Score Buster #1: A Properly Established Business Credit File

No business credit is the same as bad business credit.   The trick is, most people miss out on all the treats credit in the name of their business has to offer because they think they have a business credit score.  They think that if they have a business and pay all the business bills on time, they’re golden. This is a trick indeed.

The truth is, while you do need to know how to build your business credit score, you have to do some pre-work, so to speak.  The problem is, business credit does not develop the same way personal credit does.  You have to actively establish business credit before you can build a small business score.

How to Establish Business Credit

The key to establishing business credit is to set up your business to be a separate, fundable entity apart from you the owner. This ensures that payments on business accounts are on your business credit rather than your personal credit.  Here’s how.

Check out our trustworthy list of seven vendors to help you build business credit. Conquer any recession!

Contact Information

You need separate business contact information.  That doesn’t mean you have to get a separate phone line or a separate location.  You can run your business from your home or on your computer.  

Actually, you can get a business phone number easily that works over the internet instead of phone lines ( this is called VOIP, or voice over internet protocol).  Even better, it will forward to any phone you want it to so you can use your personal cell phone or landline.  Calls to your business number will ring straight to you. 

In addition, you can use a virtual office for a business address. This is a business that offers a physical address for a fee, and sometimes they even offer mail service and live receptionist services.  Furthermore, some offer meeting spaces for those times you may need to meet a client or customer in person. 

EIN

You also need an EIN. This is an identifying number for your business that is similar to your personal SSN.  You can get one for free from the IRS.

Incorporate

Incorporating your business as an LLC, S-corp, or corporation is necessary to fundability.  It not only offers liability protection, but it is vital in separating a business from its owner. 

Business Bank Account

You have to open a separate, dedicated business bank account.  First, it will help you keep track of business finances.  It will also help you keep them separate from personal finances for tax purposes. 

Also, several types of funding are not available without a business bank account.  Many lenders and credit cards want to see one with a minimum average balance.  Another reason is, you cannot get a merchant account without a business account at a bank. That means, you cannot take credit card payments.  Even more important, a lot of lenders consider the date a business starts to be the date the business bank account opens.  Time in business is an important factor in business credit.   

Best Bank Accounts for Small Businesses

So, what are the best bank accounts for small businesses? There are tons out there, and each business’s needs are different.  However, there are a few things you should consider when trying to find the best bank account for your business.

Fees

This is first because it’s the most obvious, but it isn’t necessarily the most important, at least not in the way you may think.  You do not necessarily want the account with the lowest fee.  While there are probably free bank accounts out there, those may not actually be the best bank accounts for small businesses. Why? Sometimes you really do get what you pay for. Which leads to the next thing you need to consider.

Number of Allowed Transactions

You need to consider the number of transactions allowed per month before you are charged additional fees.  Many free accounts allow a very small number of transactions.  This is fine for some small businesses, but you also need to consider growth when determining how many transactions per month you need.

Even business bank accounts that are not free do not usually offer an unlimited number of transactions. Many have a transaction limit, and if you go over, will they charge additional fees. The key is to figure out not only how many transactions you need currently, but how many you may need as you grow. 

Also, make sure you can upgrade your account if you see you are consistently going over the allowed number of transactions. Find out what is entailed in doing so.  You don’t want to be in a situation where you have to get a whole new account if you can help it.  That’s a pain.  Just be sure to keep an eye on how many transactions you do each month.

Required Cash Deposits

Take a look at the deposit amounts allowed or required each month.  Make sure you can meet them.

Minimum Balance Requirements

Are you required to keep a minimum balance in the account to avoid additional fees?  If so, make sure you can meet that requirement.

Extras

If you find more than one account that is perfect for your business, take a look at the extras to break the tie.  Do they offer mobile banking? Will they waive fees if you hit a certain number of a specific type of transaction? Do they offer an app or text banking?

Finding the best bank accounts for small businesses takes a little finesse, because what works best for one business may not be what’s best for yours.  This should get you started.

Licenses

For a business to be legitimate it has to have all of the necessary licenses it needs to run.  If it doesn’t, red flags are going to fly up all over the place.  Do the research you need to do to ensure you have all of the licenses necessary to legitimately run your business at the federal, state, and local levels. 

D-U-N-S Number

This is a number issued by Dun & Bradstreet.  They are the largest and most commonly used business credit reporting agency.  You cannot be in their system without this number. Get one for free on their website.

Check out our trustworthy list of seven vendors to help you build business credit. Conquer any recession!

Bad Small Business Credit Score Buster #2: Continuity in Business Information

While this buster does not directly affect your business credit score, a lack of it can definitely get you denied, even with a stellar credit score. Here’s the deal.  Fraud is rampant, and lenders do not like to take chances. If they see one document with your business name that has an ampersand and one that uses the word “and” in place of the ampersand, it will set off fraud concerns and they will deny the loan.  This can happen even if you have a good business credit score. Your business name has to be exactly the same everywhere.

The same is true for addresses and phone numbers.  If you have one address on your website and a different one on insurance papers, it’s going to be a problem. All information related to your business has to be the same on all documents across the board.

Bad Small Business Credit Score Buster #3: Credit Line Hybrid

A credit line hybrid allows you to fund your business without putting up collateral, and you only pay back what you use. Qualifying is not as hard as you may think.   You do need good personal credit, at least 685.  In addition, you can’t have any liens, judgments, bankruptcies or late payments.  Also, in the past 6 months you should have fewer than 5 credit inquiries, and you should have less than a 45% balance on all business and personal credit cards.  It’s also preferred that you have established business credit as well as personal credit.  

But how is it a bad business credit score buster? Here’s how. If you do not meet the qualifications, you can take on a credit partner that does meet them.  Since it reports to the business credit reporting agencies in the business’s name, you can build credit for your business without having good credit to begin with.

Bad Small Business Credit Score Buster #3: Vendor Credit

Obviously small business lenders are not going to approve applications for loans based on a business credit score if there is no business credit score. Thus, you need a way to build a score without already having a score. This is the time when you need to know how to build your business credit score. Vendor credit is where you start after your business is set up properly.

Vendor credit is offered by what we like to refer to as “starter vendors.”  These are companies that will extend net terms on invoices without a credit check.  Then, when you pay the invoice, they report your payment to the business credit reporting agencies.

This helps you build business credit without already having business credit.  However, for it to work, you have to have your business set up as outlined above.  Also, since they do not check credit, they do have other ways of reducing risk.  These vary by vendor, but some general things they look at include:

  •   Length of time in business
  •   Average balance in business bank account
  •   Revenues

Usually it is some combination of these factors and others that starter vendors are looking for when it comes to extending net terms.

Bad Small Business Credit Score Buster #3: Responsible Use of Store Credit and Fleet Creditbiz credit score Credit Suite

Once you have some starter vendors reporting your payments, you will start to build a small business credit score. At that point, you will be eligible to get approval from some store credit cards.  These are cards from retailers that are meant to be used at their store only.  Apply with your business name, EIN, and contact information so they will report to your business credit report and not your personal credit report, thus building strong business credit.

As they report payments, your business credit score will continue to grow, and you can apply for fleet credit.  These cards are meant to be used for auto repair and maintenance and fuel costs. However, after you get enough of them reporting payments, your score will grow to the point you can apply for cash credit, meaning cards that can be used anywhere on anything, in your business name.

The key to this is, you have to handle the credit responsibly.  If you do not make consistent, on-time payments, you will achieve the opposite effect.

Call on These Bad Small Business Credit Score Busters and Never be Haunted Again

Whether you need to establish a small business credit score or annihilate a bad one, at least one of these tips should help.  If your business isn’t already set up properly, do that now.  Even if you do know how to build your business credit score, it will not matter if your business is not set up properly. The longer you wait the harder it gets. 

After that, be sure anytime you make changes you make them everywhere, and start working on vendor credit.  Small business lenders take all of this into account, so starting as soon as possible to get everything in line is vital. 

Check out our trustworthy list of seven vendors to help you build business credit. Conquer any recession!

The post Who Ya Gonna Call? Don’t Let a Bad Small Business Credit Score Haunt You appeared first on Credit Suite.

How to Create Your First Website Like a Pro

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

You’ve decided to create your first website—great! I’m going to teach you to set up your site like you’ve done this thousands of times before.

What You Should Know About Starting a Website

In order to get your website online, you will need a domain name and a web host

  • A domain name is where people access your website. For QuickSprout, that would be www.quicksprout.com (also called a URL, the technical component of a domain name).
  • A web host is a business that you pay to provide storage for all of your crucial website data.

Bluehost allows you to buy and register both a domain name and hosting plan. 

What If I Want a Free Website?

You can start for free at WordPress.com.

To use the free plan, you will not need to register a domain name or choose a web hosting provider since your website will automatically be generated as a sub-domain of WordPress.com. For example, if you wanted to start a blog about vintage teacups, your URL could be www.vintageteacups.wordpress.com.

If you’re in this for the long haul, keep in mind that your audience will be much more likely to trust your brand if you own your domain name (i.e. www.vintageteacups.com). Investing in domain registration and hosting is the first step towards growing an independent business.

A Step-by-Step Guide to Creating Your First Website

Ready to get started? These 8 steps will walk you seamlessly through the process from sign-up to beginner content building so you won’t have to worry you’ve left anything out.

Step 1: Consider your website goals 

Do you intend your website to be a portfolio of your work? A niche blog? An eCommerce site? You can do all of this and more via WordPress, which opens up the world wide web of possibility with its full-powered CMS.

How do you want to be known by your audience? That’s your business name. 

And how do you want them to reach you? That’s your domain name. 

Since your domain name will be a major face of your business, you’ll want to put some good thought into it. 

A strong domain name serves your business goals by referencing your product or service. It should be catchy, memorable, and easy to type. Try for shorter rather than longer names where possible.

How can you come up with the right name?

Let’s take the two businesses we’re working with in this guide as an example. 

WordPress is short, iconic, and evokes images of text (“word”) and potentially a printing press (“press”). It’s clear that their business model is based on sharing content. 

Similarly, Bluehost includes the word “host,” suggesting they are a web host provider. The combination of “blue” and “host” is simple and catchy. 

Both names are highly brandable and easy to remember.

Step 2: Choose your Bluehost plan

The benefit of hosting on Bluehost rather than just WordPress.com is that Bluehost takes care of your site’s security, speed, performance, and updates for you.

We recommend shared WordPress hosting, which gives you access to a server specifically attuned to the WordPress software package. This means that safety, security, and speed are all built in—put another way, managed for you. 

To choose a plan, go to Bluehost’s pricing page. You’ll see this:

Bluehost offers four hosting plans: Basic, Plus, Choice Plus, and Pro. At every tier, the plans include a free SSL certificate (adding an extra layer of security to your site), unlimited bandwidth, and plenty of storage. For most sites, the performance of the hosting will be more than good enough. 

Select the plan and that’s right for your budget. You can always upgrade later.

Step 3: Register your domain name

After selecting a plan, you’ll be prompted to register your domain name. 

If you already own a domain name, enter it on the right. You may need to change your DNS records to make sure your domain name servers point to Bluehost, allowing people to access your website. 

If you are registering your domain name with Bluehost, enter it on the left. Domain registration is free for one year with a managed WordPress hosting account. Always be sure to note when your domain must be renewed so it doesn’t expire without your notice, leaving your website inaccessible. 

You’ll be asked to fill in personal information before finalizing your purchase. 

Be sure to choose a strong password for your Bluehost account (preferably not the same one you use to log into any other site). You’ll then be ready to install WordPress.

Step 4: Install WordPress with one click

Connecting Bluehost with WordPress is incredibly easy. In your Bluehost account control panel, navigate to “MOJO Marketplace” and choose “One-Click Installs.” 

This will bring you to the Scripts and Platforms page. After you click the WordPress icon—found under “Blogs” at the top of the page—an installation window will open. Click “Start” to begin installation.

  • Choose the domain name on your account where you want to install.
  • In “Check Domain,” you’ll make sure your domain name is pointing to your account. This is especially important if you bought your domain name before signing up for Bluehost. If you get a warning that you are overwriting files, you can check the box without worry—since this is your first website, there’s nothing to overwrite. 
  • In “Show Advanced Options,” you can choose your WordPress username along with a strong password—or log in if you already have a WordPress account. Check “Automatically create a new database for this installation.” 
  • Read the terms and conditions and check the box.
  • Almost there! Click “Install Now.”

You’ll now be taken to the progress page. After installation is complete, you will see your site URL, admin login URL, your username and password. Print and store this master list in a safe place.

Time to log in to WordPress! Log in at your admin URL and you’ll find yourself at the Dashboard, where you can begin on the visual design for your site.

Step 5: Try on some themes for size

Also called “skins,” your site theme is like an outfit for your website. The theme you choose will affect your site visuals, content layout, and some of the customizable design features you have access to. 

WordPress has a number of both free and premium (paid) themes.

When choosing a theme, pay special attention to:

  • Good design: Is the design clean and organized? Is it responsive to optimize for the roughly 50% of people who prefer mobile viewing? How easy is it to navigate?
  • Compatibility: Is the theme compatible with the latest version of WordPress and with popular plugins?
  • Back-end: Is there active development on the design? How easy is it to access support and documentation? 

Most themes allow you to try a Live Demo so you can see how it will look and compare its appearance to your design and content goals for the site.

When you’re ready, click “Activate theme” to install. You can always add plugins for additional functionalities or switch themes when you are better accustomed to WordPress.

Step 6: Add some helpful plugins

If your website theme is like a “skin” or outfit that gives the website substance, design, and form, your plugins are the accessories that pull the outfit together. 

Plugins work alongside your theme to provide desirable functionalities, like a comment filter, contact form, or search engine optimization (SEO) toolbox, and are built to work seamlessly with WordPress’s back-end operations. While some are best-suited to a particular type of site, like eCommerce or blog, many are all-purpose. Plugins can be free or paid.

In most cases, you will need a WordPress Business plan or higher to use plugins. Aspects of Jetpack and Akismet (see below) are included with your blog.

Popular plugins:

  • Jetpack: This integral plugin enhances your site security, performance, marketing, and design capacity. Site speed, image serving, and SEO are just a few things it can help you with. 
  • Akismet:  A “spam-fighting service” that protects your posts, trackbacks, and messages from spam.
  • All-in-One SEO pack or Yoast SEO: These SEO plugins help you optimize your site to be found organically in search results when people search for similar products, services, or content.
  • WP Forms or Ninja Forms: You can use either of these plugins to build professional contact forms within minutes, without any coding experience required. 

Be sure to vet your plugins before installing: A large number of positive user reviews alongside information about the developer, functionalities, and latest release date can all help you make the best decisions for your site. 

Step 7: Begin building your site content

On WordPress, there are two meaningful distinctions when it comes to organizing your site content, pages and posts.

  • Pages make up the main framework of your website, and generally appear in the navigation bar for easy access. There are a number of essential pages you’ll want to add, including your Homepage, About page, and Contact page.
  • Posts are individual pieces of content, each with a unique URL, that make up a blog. Many people choose to make their blog a central focus of their website, but you don’t have to. Many businesses keep blogs as a tool in their content marketing toolbox, and WordPress makes it possible to designate as a secondary page (see Step 8).

When you start adding content to your website, it may be helpful to get inspiration from existing websites, both those where you spend a lot of time and sites that have a similar function to yours. Ask yourself:

  • How is the content of these websites organized? 
  • What are the major pages? 
  • How prominent is the blog? 
  • Does the site include subpages, and what are they? 
  • Where is the contact form located? 
  • How do they use media to create an engaging experience?

Here’s how to create your first page (ideally, the homepage):

After creating the essential pages, consider your website’s functionality from the point of view of your future site visitors. Although it may be tough in the beginning to put yourself in their shoes, successful site content is laser-focused on the audience. Ask yourself: 

  • What will my visitors want to do on my site? What will be less useful to them?
  • How can I structure my pages, content, and media to create a positive User Experience (UX)?
  • How can I set up site navigation so that important information and features are easy to find?
  • What information do my visitors need to understand my offering?
  • What information do my visitors need to trust me? 

Don’t feel pressure to include all possible content at once; less is often more for a new website. Your site will likely change over time based on your evolving business model as well as the needs of your audience. You can always add more content as you go. 

Additional pages

On the one hand, the beauty of website creation is that your site design is completely up to you. Depending on the purpose of your website, however, you may be required by law to include certain content, like:

  • Contact details
  • Cookie handling
  • eCommerce: terms of service, refund policy, privacy policy

Be sure to check the relevant law in your area and update your website regularly.

Step 8: Finalize your homepage and navigation

Do you want your homepage to appear as a traditional homepage or a blog?

WordPress allows you to choose whether you want a static (unchanging) or dynamic homepage (shows your ten latest blogs). The dynamic version is the default.

To designate a static homepage, find the “Site” category in the left-hand sidebar and click “Pages,” then “Add new page.” You can choose a premade layout or click “Use Blank Layout,” as in the photo just above. Then name your page and click “Publish.” For example:

Now, navigate to the “Design” category in the left-hand sidebar of your Dashboard and click “Customize.” 

There are many things for you to play around with here, including adding your Site Title, Tagline, and Icon, adding a header or footer, and changing the site colors. For now, click on “Homepage Settings” and toggle the option for “A static page.” Beneath, you can choose the page you just created.

It’s time to start adding content to your homepage!

Once you add more pages, like About or Contact, they will show up as part of a navigation bar that is designated by your theme. In “Customize,” click on “Menus” to change the page order and location. 

What’s Next?

You’ve just created your first website. Congratulations on this exciting new step!

Now you can start familiarizing yourself with the WordPress interface. While creating Pages and Posts, you’ll be using the Block Editor, which uses Gutenberg blocks to help you add content and make your site engaging and interactive.

Since your website is a representation of your brand, I recommend building your content with a critical eye. At the same time, learning as you go is part of the experience. You can always delete or click the back button—no change is permanent, so feel free to play around.

The post How to Create Your First Website Like a Pro appeared first on Neil Patel.

How To Conduct Elections In The Middle Of A Pandemic

How can we run fair and safe elections in the time of social distancing? Diane talks with Ohio State University election law professor Edward Foley.

The post How To Conduct Elections In The Middle Of A Pandemic appeared first on Buy It At A Bargain – Deals And Reviews.

Massive Australian Wildfires And The Consequences Of Climate Change

Diane talks with David Wallace-Wells, deputy editor at New York Magazine and author of “The Uninhabitable Earth.”

The post Massive Australian Wildfires And The Consequences Of Climate Change appeared first on Buy It At A Bargain – Deals And Reviews.

The Best Small Business Credit Card of 2019 for Any Situation

fwistAnd How to Be Sure You are Eligible for the Best Small Business Credit Card for Your Situation

When you start wondering what the best small business credit card is, you may be surprised to find out that answer actually can vary.  What may be the best credit card for one business may not necessarily be the best small business credit card for another.  It all depends on the business and the situation.  For example, a business owner that does a lot of travel for his or her business is going to need a different card than one that has a whole fleet of automobiles to manage but doesn’t travel much.

We have done some research to help you find the best small business credit card to fit your specific needs.

Best Small Business Credit Card When You Want 0% APR

Capital One® Quicksilver® Card

This card features flat-rate rewards of 1.5% on all purchases, and there are no limits on cash back rewards.  In addition, there is no yearly fee.

New cardholders have a 0% APR on purchases and balance transfers for the first 15 months after starting the account.  Afterwards, the rate increases to 14.74 to  24.74% (variable).  A cash bonus of $150 is available for those who make at least $500 on purchases within 3 months of account opening.

Also, cash back rewards do not expire for the life of the account. Other benefits include travel accident insurance and an auto rental collision damage waiver. Find out more by going here.

Best Small Business Credit Card When You Want No Annual Fee

Capital One® Spark® Classic for Business

Try the Capital One Spark Classic for Business. It earns an unlimited 1% cash back on all purchases, and you still get the benefits of an auto rental collision damage waiver and purchase security. You also get extended warranty coverage, as well as travel and emergency assistance services.

However, the ongoing APR is 24.74% variable. The penalty APR is even higher at 31.15%. Another drawback is that there is no sign-up bonus. Find out more here.

Hit the jackpot with our best webinar and its trustworthy list of seven vendors who can help you build business credit.

Best Small Business Credit Card for Students

Discover it® Student Cash Back

Okay, full disclosure.  The Discover it® Student Cash Back card is not a business credit card.  It’s a personal card, therefore your credit activity is reported on your personal credit and not your business credit.  However, as a student, building your FICO will be important to your future as a business owner.

There is a six-month introductory period of 0% APR on purchases. After that, there is an APR of 14.99 to 23.99% variable on all purchases.

One special feature is that it provides an incentive for students to maintain good grades with a $20 statement credit. If students earn a GPA of 3.0 or higher each school year, they get a $20 statement credit per year for up to five years.

You can get 5% cash back at different places each quarter like grocery stores, filling stations, restaurants or Amazon.com up to the quarterly maximum. After that, the credit card offers unlimited 1% cash back on all purchases.  Also, in the first year, all cash back rewards are matched 100%.

Although they waive the first late payment fee, a fee of up to $37 applies on all other late payments. There is also a returned payment fee of up to $37.  Find more information here.

Best Small Business Credit Card for Mileage Rewards

United MileagePlus Explorer Business Card

Earn 2 miles per dollar with United and at restaurants, filling stations, and office supply stores. All other purchases earn 1 mile per dollar. There is also a 50,000-mile sign-up bonus after spending $3,000 in the first three months from account opening.

Benefits include priority boarding, a free first checked bag for you and a companion on the same reservation.  Also, get two United Club passes annually. Hotel and resort perks, including upgrades, are available as well. Additionally, get early check-in and late checkout. An auto rental collision damage waiver is also a benefit.

After the first year, the card has an annual fee of $95. The APR is 17.99% to 24.99%, based on creditworthiness. Find out more here.

Best Small Business Credit Card if You Have Average Credit

Capital One® Spark® Classic for Business

For fair credit, we like the Capital One Spark Classic for Business. It has no yearly fee and cash-back rewards of unlimited 1% cash back on all purchases. Benefits include an auto rental collision damage waiver and purchase security. In addition, extended warranty coverage as well as travel and emergency assistance services are included. Find out more here.

Best Small Business Credit Card if Luxurious Travel is Your Thing

Chase Sapphire Preferred® Card

Earn two points per dollar spent on travel and dining at restaurants, and one point per dollar on all other purchases. Points can be redeemed for cash back, gift cards, or travel. Benefits include trip cancellation insurance, travel and emergency assistance services and an auto rental collision damage waiver. Purchase protection and extended warranty protection are also included.

When you spend $4,000 in the first 3 months from account opening, you will earn 50,000 bonus points. These points are worth $625 if you redeem them for travel through Chase Ultimate Rewards.

You can get an unlimited two points per dollar for travel and dining at restaurants. And then get one point per dollar for all other purchases. Points will transfer equally to 13 leading frequent travel programs with partners. These include British Airways, Southwest Airlines, United, and Marriott.

Unfortunately, there is no 0% introductory APR on purchases or balance transfers. The card’s standard APR is 17.74 to 24.74% variable. In addition, while there is no annual fee the first year, after that it is $95.  Go here for more information.

Hit the jackpot with our best webinar and its trustworthy list of seven vendors who can help you build business credit.

Best Small Business Credit Card if You Love Uber

Uber Visa Card

Uber is the first ride-sharing service to offer a credit card, in a partnership with Visa and Barclays. The card offers 4% back per dollar spent at restaurants, takeout, and bars.  That includes UberEATS orders. Also, earn 3% back on hotel, airfare and vacation home rentals. You can also earn 2% back on online purchases including retailers and subscription services like Uber and Netflix.

Additionally, you’ll earn 1% back on all other purchases. Every percent/point has a value of 1 cent. Redeem points for cash back, gift cards, or Uber credits directly within the app.

There is no yearly fee, and by spending at least $500 in the first 90 days, users can earn a $100 sign-up bonus. Cardholders spending a minimum of $5,000 yearly are eligible to get a $50 credit toward online subscription services.

Also, if you pay your cellphone bill with this card, you are insured up to $600 for cell phone damage or theft.

While they note cardholders have exclusive access to certain events and offers, Uber anticipates the majority of these offers will be available in major cities like New York, San Francisco, Los Angeles, Chicago and DC. If you aren’t in those cities, that perk may not be one you are interested in.

There is no introductory rate, and the APR is a variable 16.99%, 22.74%, or 25.74%, based on your creditworthiness. Cardholders with lower credit will be on the higher end of the range.

Also, there are restrictions on Uber credits. To redeem points as credits within the Uber app, you must have at least 500 points, or $5. Cardholders can convert a maximum of 50,000 points, or $500, in a given day.  Find out more here.

Best Small Business Credit Card for When You Want to Build Business Credit

This is where it gets a little tricky.  The thing is, the only way a card can help you build business credit is if you get it on the merits of your business credit.  That means you have to apply with your business information, not your own.  It also means you must already have some semblance of business credit to gain approval.  Any card in your business name that you handle responsibly will definitely help build existing credit even stronger.  However, you cannot get a card to build business credit without already having a business credit score.

How Do You Establish a Small Business Credit Score?

The truth is, any of these best small business credit card options will work to build business credit, but they will all want to see a business credit score before they grant approval.  How do you get a business credit score without having credit to begin with?  There is a very specific process, and  if you follow it, it works like a charm.

It starts with establishing your business as a separate entity from yourself that appears fundable to lenders.  How does that happen?  Well, first your business needs its own contact information.  It’s tempting in the beginning to just use your own address and phone number, but it isn’t wise.  Those are identifying factors related to you personally, so anything attached to them will end up on your personal credit report rather than your business credit report.

Other Ways to Make Your Business Appear Fundable to Lenders

  • Formally incorporate. You need to organize your business as a corporation, S-corp, or LLC.  Start at gov.
  • Get an EIN. It works like an SSN, but for your business.  You can get one for free on the IRS  Be sure to use it instead of your SSN when applying for business credit cards.
  • Get a separate business bank account.
  • Make sure you have a useable, professionally put together website. Pay for hosting, as the free hosting services make you look unprofessional.  Along the same lines, be sure your business email address has the same URL as your website.  Free email services such as Yahoo or Gmail are not appropriate for this purpose.
  • Get a D-U-N-S number. This is how you establish your record with Dun &  That’s important, because they are the largest and most commonly used business credit reporting agency.  If you do not have a D-U-N-S number, you cannot have a business credit score with them.  It is free to get one on the Dun & Bradstreet website.

Once these things are taken care of, it’s time to start building that business credit score.

Work Through the Credit Tiers

When it comes to building business credit, there are 4 tiers that you must work through.  Most often, whatever the best small business credit card is for your needs, it will be in the top tier, known as the cash credit tier.

Before you can qualify for credit in this tier however, you must work through the other tiers.  What are the other tiers?  I am so glad you asked.

Vendor Credit Tier

This tier is where you will find starter vendors that will extend invoices with net terms without a credit check.  You may have to place a few orders with them first, and there may be some minimum time in business or income requirements, but credit will not come into the picture.

Once you get net terms and start making payments, these starter vendors will report those payments to the credit reporting agencies, also knowns as CRAs.  If you have set up your business as a separate entity and set up your vendor account with your business information, they will report your payments to the business CRAs.  As more and more accounts are reporting, your business credit score will grow and you will be eligible to apply for credit in the other tiers.

Hit the jackpot with our best webinar and its trustworthy list of seven vendors who can help you build business credit.

The Retail Credit Tier

This is where you find store specific cards.  They like to see a minimum business credit score, which is why you apply for them after the vendor credit tier.  The vendor credit tier is how you establish that initial score.  You’ll need to get 8 or so of these accounts reporting your payments to the business CRAs before you can start applying for cards in the next tier.

The Fleet Credit Tier

These are the cards that help you manage fuel and auto maintenance and repair costs.  They come from companies like Fuelman and Shell.  You’ll need several of these reporting payments along with the cards from the retail credit tier before you can move on to the cash credit tier.

The Cash Credit Tier

This is where pretty much every best small business credit card mentioned above will be found.  As you work through the other tiers your credit score will build like a snowball rolling downhill.  If you manage your credit properly, you’ll have a strong score that will qualify for any of these cards.  It takes time, but if you want the best small business credit card for your business, you must build business credit.

Don’t Let the Best Small Business Card for You Slip Through Your Fingers

If you already qualify for cards in the cash credit tier, then use our research above as a starting point for your own research.  If you need to build business credit first, follow our proven process and you will be eligible for any of these cards when the time comes.

The post The Best Small Business Credit Card of 2019 for Any Situation appeared first on Credit Suite.

How To Generate Leads From Social Media

Editor’s note: This post was written by our wonderful Paper.li publisher, Ann Smarty. She includes many insights that are helpful to small businesses and entrepreneurs wanting to have success on social media.   According to a collection of statistics from Iron Paper, by 2015 a full 54% of B2B marketers had used social media to… Read more »

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