The Art of Building Business Credit: Strategies for Navigating Entrepreneurial Success with Coastal Kapital
Kortney Murray, Founder and CEO of Coastal Kapital, underscores the importance of strategic financial planning and leveraging Other People's Money (OPM) for entrepreneurial success. Murray emphasizes the need for smart decision-making backed by data, asserting that this approach is key to winning the race in business. The article provides practical insights into building a robust business credit profile, from the initial steps of incorporation and obtaining an Employer Identification Number (EIN) to navigating the business credit landscape through partnerships, equipment financing, and the use of business credit.