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.