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SVTPerformance's Chain of Restaurants
Road Side Pub
N/A credit score.
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<blockquote data-quote="coposrv" data-source="post: 15492140" data-attributes="member: 63412"><p>Because when I need things I pay for them. No business CC. I'm a small electrical contracting business. I have materials/ fixture packages, wire orders either sent to job sites or picked up in person. Large commercial fixture packages are generally purchased by the developer and I take a percentage to track/handle them. Any given month I'm only out of pocket on average 10k or so. So self financing the business has been relatively painless. I really have no other business expenses, A fuel account at an oil company, workman's comp, gen liability and insurance on the trucks all handled by my local insurance company. I write a check at the beginning of the year and then again when the insurance audit takes place. I have a few preferred contractor accounts through supply houses though, Balance due in full every month. It's worked for me for a few years. Ive always just tried to save a lot of money, Avoiding taking unnecessary debts etc. If I didn't have the money I haven't bought it. I didn't set out when I was younger to build a credit score I just tried to save and be prudent with my purchases.</p></blockquote><p></p>
[QUOTE="coposrv, post: 15492140, member: 63412"] Because when I need things I pay for them. No business CC. I'm a small electrical contracting business. I have materials/ fixture packages, wire orders either sent to job sites or picked up in person. Large commercial fixture packages are generally purchased by the developer and I take a percentage to track/handle them. Any given month I'm only out of pocket on average 10k or so. So self financing the business has been relatively painless. I really have no other business expenses, A fuel account at an oil company, workman's comp, gen liability and insurance on the trucks all handled by my local insurance company. I write a check at the beginning of the year and then again when the insurance audit takes place. I have a few preferred contractor accounts through supply houses though, Balance due in full every month. It's worked for me for a few years. Ive always just tried to save a lot of money, Avoiding taking unnecessary debts etc. If I didn't have the money I haven't bought it. I didn't set out when I was younger to build a credit score I just tried to save and be prudent with my purchases. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
N/A credit score.
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