I think that one of the most difficult things to do is to build business credit. It’s almost impossible to establish yourself starting from scratch but the important thing is that you gotta’ start somewhere!
Building business credit may be easier than you think..for starters, you think about the bills that you already have, and go from there. When you think about it, what is a common bill that you may already pay that’s in you personal name…well…one of them is your cell phone bill…why not build credit for something that you already pay anyway?!?!?!
The next thing that a small business needs is supplies…I suggest STAPLES or OFFICE DEPOT; they give lines of credit to entrepreneurs for abour $500…BUT…never use all of that credit! You should start off with like the basics, buy about $150-$200 worth of supplies, but pay it ALL off immediately, that way you can build a tradeline with them and it will get reported on your credit report as GOOD STANDING!
I’m quite sure that you can find other suppliers and such to build your business credit…afterall, you want to build a good relationship with creditors, and perhaps; your good payment history can help you build lines of credit with other companies…
Time Management is perhaps one of the most important tasks that an entrepreneur must learn when starting your own business. These are my favorite TOP 10 time management tips that I’ve learned from a fellow blogger Deborah Sullivan…you can read more of her articles on her Lifestyle Success Newsletter, see this article & more of them at: www.selfgrowth.com
Go from NOT valuing your time to VALUING your time
This is an important change to make and when it happens you will never waste another minute! In a dollar sense – this means you are comfortable charging for your lifetime of knowledge and experience – don’t allow clients to take this for granted. You have invested a lot of time and energy. In life, we only get one chance with our time – we can not go back and use the last 10 seconds!
Get the most out of your day
Every now and then ask yourself: Am I making the best use of my time? If not, stop what you are doing and begin working on a project that will allow you better use of your time. If you are ‘bogged down’ with a specific situation, get up and go for a walk and then come back and tackle it.
Work with goals in mind
Its amazing how differently we work when you have goals to work towards. If you don’t know what your goals are, spend sometime working out what they may be. Use them as a road map! Examples may be professional (project deadline, sales quotas, career advancement, etc) and personal (health, fitness, family relationship, financial, etc).
Handle every piece of paper or e-mail only once
With paper use the ‘3 D’ rule of Do it, Dump it or Delegate it. Never handle a piece of paper twice. Don’t even think of placing it in your ‘to get to’ pile – Handle it NOW! As for e-mails the same rule can apply so you either action it, delete it or forward it to some-one else. If you print a copy then use the ‘3 D’ rule.
Ask some-one who is efficient – what their secret is
Ask the most efficient person you know what their secret is and how did they develop these habits. Then see if it will work for you.
Don’t allow anyone to take your time from you
Set up boundaries around your time. If you are stopped in the hall for a conversation, ask for this person to arrange a meeting with you (if appropriate); don’t allow co-workers to infringe on your home time; if someone is late for an appointment and haven’t contacted you – give them 15 minutes past the appointed time and then move on. It is up to you as to how you allow other people to use your time!
Build family and personal time into your day
We all need to have the support of our family or friends – so make sure you build them into your daily habits. You don’t want to finish your career and realise that you missed out on the closeness and development of your family.
Your health is important – isn’t it!
Maintain your health and fitness because this is what will help you through in the long run. There are three things that I feel are valuable to us all- they are time [which we are talking about]; knowledge and energy. Take care of your energy and its levels. At the end of the day being overworked and stressed is only going to hamper your health. So take extra care of this – go for a walk, have a massage, spend time with your family, stop and smell the roses or book in for your yearly medical check up.
Dry clean the clutter from your office and home
Take some time to remove the clutter from your life. The more you simplifier your office or life the more time you will have. Clutter zaps your energy and allows you to waste time on non-valuable tasks. So plug the holes today.
Work in your peak performance times
Schedule demanding tasks to the part of the day that you work best, where your energy levels are at their highest. It maybe first thing in the morning or early afternoon – work out when it is and then see yourself moving ahead.