Every business also needs a professional company email address. It’s not only professional, but greatly helps the business’ chances of getting approved for new credit. Setting up a business email address is too easy and inexpensive for a business owner to neglect. When a business sets up its email addresses it’s essential that they avoid using free email services like Yahoo and Hotmail. There is nothing worse than credit providers seeing an email address like [email protected]. The email address should be @company.com. A great example is an email like [email protected] or [email protected]. The business’ banking history is vital to the business’s future success of being able to secure larger business loans. The date the owner opened the business bank account is the day that many lenders consider the business to have become operational. So, if the business was incorporated 10 years ago but the business bank account was just opened yesterday, then that business started yesterday. The longer the business banking history, the better the borrowing potential will be. One of the most common mistakes when building credit for your company is non-matching business addresses on the business licenses. Even worse is not having the “required” licenses for your type of business to operate legally. Every business owner needs to contact their State, County, and City Government offices to see if there are any licenses or permits required to operate their type of business. They must also ensure that state business filings are listed correctly, county license and/or permit filings are listed correctly, city license and/or permit filings are listed correctly, and IRS filings are listed correctly. They must also confirm that every agency, creditor, supplier, and trade credit vendor have their business listed the exact same way. A business must be listed with the exact same spelling of the business name and the exact same address and phone number. For example, one might have you listed as “ABC, Inc.”, while another has “AB Consultants”, and yet another as “AB Consultants, Inc”. There are also simple differences like those between “Suite 400”, “# 400”, and “Apt. 400”.