CATCHJSBUFORD

Commonly Asked Questions by Entrepreneurs Seeking Funding and or Business Growth

Posted by JuJuan Buford @JSBUFORD

 

WHAT IS THE DIFFERENCE BETWEEN AN LLC, S-CORP, OR C-CORP? 

WHAT DOCUMENTS DO YOU NEED TO HAVE IN PLACE BEFORE YOU SEEK FUNDING FROM A PRIVATE INVESTOR, MICRO-LENDER, OR BANKING INSTITUTION? 

HOW DO YOU ESTABLISH BUSINESS CREDIT & WHY IS IT PARTICULARLY IMPORTANT IN THIS ENVIRONMENT?

WHERE CAN I FIND AN AFFORDABLE WEBSITE, LANDING PAGES, & A CRM (CLIENT RELATIONSHIP MANAGER)? HOW DOES A CRM HELP ME INCREASE MY CLIENT BASE? 

WHAT IS AN OPERATING AGREEMENT, AND WHY DID THE BANK TURN ME DOWN FOR A CHECKING ACCOUNT AND BUSINESS LOAN  BECAUSE I DIDN’T HAVE ONE. 

WHAT IS THE DIFFERENCE BETWEEN A W-2 & A 1099? SHOULD I PAY MYSELF AS A W-2 OR 1099? 

WHY IS COMMINGLING MONEY BETWEEN MY BUSINESS ACCOUNT AND PERSONAL ACCOUNT A BAD THING? WHAT DOES COMMINGLING MEAN? 

WHY IS A NON-COMPETE OR NON-CIRCUMVENT NECESSARY WHEN HIRING EMPLOYEES? 

IF I HAVE A BUSINESS PARTNER, DO I NEED AN OPERATING AGREEMENT OR PARTNERSHIP AGREEMENT? 

HOW DO I GAIN CREDIBILITY IN THE MARKETPLACE WITH PRIVATE INVESTORS, LENDERS, GOVERNMENT ENTITIES, AND HIGHER PAYING CLIENTS? 

FOR ANSWERS TO ALL OF THESE QUESTIONS AND MORE……..REVIEW THE FOLLOWING LINKS. 

 

Cheat Sheet for Establishing Business Credit > https://www.catchjsbuford.com/2021/03/cheat-sheet-for-establishing-business-credit.html

 

Questions Every New & Established Entrepreneur Should Be Able Answer > 

https://www.thebufordcoblog.com/2020/12/very-important-questions-you-need-to-ask-when-starting-a-business.html

 

Learn More About Basic Business Origination Documents to Establish Credibility, Grow, Scale & Protect Your Business Interests > 

https://www.thebufordcoblog.com/2020/06/business-origination-documents.html

 

How to Use a CRM to Obtain More Clients & Acquire Endless Referrals > 

https://www.thebufordcoblog.com/2020/12/how-a-customer-relationship-manager-crm-can-help-you-build-your-customer-base.html

 

We serve entrepreneurs and investors across the United States, Canada, & the UK: helping them to grow their client base, secure business credit and financing, protect their intellectual property, and make better staffing, tax, financial, and legal decisions. 

View this Abbreviated Overview of Services - https://bit.ly/protectscalegrowyourbusiness

Quality Control & Service Agreements Are What Makes the Difference - http://bit.ly/lsbillofrights

 

Questions? I encourage you to visit my calendar at https://bit.ly/SmallBizArchitectureMeetUp; whereas you can see my schedule in real time, and select a time that works best for you.

 

#entrepreneurshipisempowerment

_______________________________

JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.

IS THERE MORE? YES! Join my email group to receive my best stuff!! Continue to Learn & Grow

Learn More & Follow him online here:

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/
LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: https://twitter.com/JSBUFORD
Instagram: https://www.instagram.com/catchjsbuford/

Cheat Sheet for Establishing Business Credit

Posted by JuJuan Buford @JSBUFORD

 

Take a moment to listen to this informative interview given by Ms. Tina Williams, Founder & CEO of QT Business Solutions about how to establish business credit. 

 

https://www.catchjsbuford.com/2021/03/debunking-myths-around-acquiring-business-credit-with-qt-business-solutions-join-us-on-nextoppsocial-w-tina-williams-capi.html

 

Here is a cheat sheet or abbreviated checklist I provide frequently to entrepreneurs to make the process easier to follow. As always, eat the fruit and spit out the seed. 

 

• Establish Your LLC, S-Corp, Etc. (no DBAs)
• Make sure you have a business line (phone#) aside from your cell phone. G-Suite offers free business lines for example. 
• Have a website. Or it can be simple as a landing page. It doesn't need to be a big deal. Acquire a domain name and professional email address. 
• Have a professional or business address. Avoid using your home address if you can. Not a PO BOX. 
• Open a free Dun & Bradstreet Account 
• Open a Business DDA checking account. 
• Start a trade line (Staples, a Gas Card, Walmart, Office Depot, etc.,). Refer to the business credit interview for more details. 
• Acquire a business secured credit card.
• Establish 9 months of good business credit. The goal is a Paydex score of 80
• Approach your banker (after establishing 9 months of good business credit history), and ask about different credit lines and loan options.
• A couple things that add credibility and communicates that you have a solid foundation when dealing with banks, micro-lenders, and private investors.

1. A. Have an Operating Agreement
2. B. Keep Corporate Minutes
3. C. Study & Understand Your P&L (Profit & Loss) Statement like the back of your hand. 

 

And of course, establish, operate, and build a business with positive cash flow. 

 

#entrepreneurshipisempowerment


_______________________________

JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.

IS THERE MORE? YES! Join my email group to receive my best stuff!! Continue to Learn & Grow

Learn More & Follow him online here:

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/
LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: https://twitter.com/JSBUFORD
Instagram: https://www.instagram.com/catchjsbuford/

 

Building Your Business on LinkedIn: Gain Credibility; Schedule Appointments; Acquire Clients - March 28th @ 2:00PM EST

Posted by JuJuan Buford @JSBUFORD

 

About this Event

Are you posting content on social media; adopting time consuming, money gulping strategies, and not attracting the clients you want?

Are you struggling with generating repeat business and customers? Would you like a proven strategy to increase the number of preferred customers you work with?

Your vanity stats are hot, but your kept appointments and client acquisition results are not?

Do you desire a systemic, predictable way of finding, and better yet attracting your ideal clients?

Do you want the right prospects to show up in you inbox that result in scheduled appointments that stick?

I'm not a professional motivational speaker or consultant that has read one book, took a certification course, and watched one video, entrepreneuring. I'm an entrepreneur that builds businesses and helps others do the same.

I don't kill it on vanity stats : likes, emojis, and views.

I've built a network in excess of 27,000 connections organically. I average approximately 10 qualifying and closing presentations per week. And I consistently attract and onboard new clients and strategic partners on a weekly basis.

If you're looking to become the most popular personality on LinkedIn or other social media platforms with vanity stats galore..... this may not be your cup of tea.

If you desire simple, non time consuming approaches to create credibility, garner the attention of your ideal clients, and regularly take on new clients on a weekly basis? We Gotcha!

Click the image below to register or......... Click this link to register.

#entrepreneurshipisempowerment

JuJuan Buford, Business Development Officer

888.549.9689 / [email protected]

https://thebufordco.com | http://bit.ly/linkedinpublicprofilejujuanbuford

Information, Strategies, Tactics, & Resources to Support Businesses & Entrepreneurs @ https://www.thebufordcoblog.com/

Do you have a story to tell? Learn more about how we help entrepreneurs promote their businesses @ https://www.nextoppsocial.com/

What's on Your Wish List as An Aspiring or Established Entrepreneur? - Watch this NEXTOPPSOCIAL > What Entrepreneurs Need to Thrive In Business

Posted by JuJuan Buford @JSBUFORD

 

Let's talk about how to make the community a better place for aspiring and established entrepreneurs. What would the most effective or fertile ecosystem look like for entrepreneurs - from beginning to thriving? From your idea to execution? We talk about what society as a whole is lacking that causes entrepreneurs to continue to struggle.

Join us every week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors. 

We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.

.

Click the image below to view this invaluable episode!

If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success. 

Take a moment to view past episodes here or click the pic below.

Never Miss An Episode by Visiting NextOppSocial here > https://www.nextoppsocial.com/ & Click the Subscribe Button

Stay Connected with the Next Opportunity Social Facebook Community here:
https://www.facebook.com/nextoppsocial/

Stay Connected with the Next Opportunity Social LinkedIn Community here:
https://www.linkedin.com/company/nextoppsocial

JOIN US LIVE ON WEDNESDAYS @ 10:00AM EST AT > https://bit.ly/NextOppSoconyoutube

LEARN MORE @ NEXTOPPSOCIAL WEBSITE > https://www.nextoppsocial.com/

 

 

#entrepreneurshipisempowerment


_____________________________________

JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.

IS THERE MORE? YES! Join my email group to receive my best stuff!! Continue to Learn & Grow

Learn More & Follow him online here:

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/  

LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: @JSBUFORD

 

REPLAY > Learn the Truth About How to Build Good Credit & Repair Bad Credit - Watch this NEXTOPPSOCIAL Episode w/ Lance Petway, Credit Repair Expert

Posted by JuJuan Buford @JSBUFORD

 

Did you know that paying your bills only amounts to a small fraction of whether or not you have good credit? We invited Lance Petway, Executive Sales Director at Financial Education Services to bring an unfiltered discussion around personal credit - what it impacts, how to repair it, and how to improve your score in 10 seconds!

Alongside, Financial Education Services, Lance helps people with clearing their credit with negative items and provides the financial education that should have been given a long time ago.

Learn more about Lance or reach out to him at [email protected]

.

Join us every week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors. 

We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.

.

Click the image below to view this invaluable episode!

 

If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success. 

Take a moment to view past episodes here or click the pic below.

Never Miss An Episode by Visiting NextOppSocial here > https://www.nextoppsocial.com/ & Click the Subscribe Button

Stay Connected with the Next Opportunity Social Facebook Community here:
https://www.facebook.com/nextoppsocial/

Stay Connected with the Next Opportunity Social LinkedIn Community here:
https://www.linkedin.com/company/nextoppsocial

JOIN US LIVE ON WEDNESDAYS @ 10:00AM EST AT > https://bit.ly/NextOppSoconyoutube

LEARN MORE @ NEXTOPPSOCIAL WEBSITE > https://www.nextoppsocial.com/

 

 

#entrepreneurshipisempowerment


_____________________________________

JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.

IS THERE MORE? YES! Join my email group to receive my best stuff!! Continue to Learn & Grow

Learn More & Follow him online here:

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/  

LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: @JSBUFORD

 

You are what you think and what you speak. You're first to hear your thoughts and your words.

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/
LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: https://twitter.com/JSBUFORD
Instagram: https://www.instagram.com/catchjsbuford/

Don't believe that because you failed, you wasted time. To the contrary. You're wiser than you were before. You have more experience underneath your belt. If you've failed multiple times, the lessons become accumulative.

This is in part why they say most millionaires fail several times, before they gain traction and become the success stories we read about. It wasn't luck. It simply became inevitable. Just as it will become inevitable for you, if you keep going, learning, and growing.

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/
LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: https://twitter.com/JSBUFORD
Instagram: https://www.instagram.com/catchjsbuford/

Debunking Myths Around Acquiring Business Credit with QT Business Solutions - Join Us on NEXTOPPSOCIAL w/ Tina Williams, Capital Acquisition Professional

Posted by JuJuan Buford @JSBUFORD

 

Confused about all the different information you hear online when it comes to acquiring and building business credit? We've seen a lot of misinformation and knew it was time to bring in expert Tina Williams of QT Business Solutions to finally put these myths to rest! Listen in and learn the exact steps towards acquiring business credit, what you shouldn't do, and how to make adjustments if you've gone about it the wrong way.

Make sure to tune in every Wednesday & Thursday live on LinkedIn and Facebook with Tina Williams as she walks through step-by-step how to acquire specific grants each day!

Learn more here:
https://www.facebook.com/QTBusinessSolutions 
https://www.linkedin.com/in/qtbizsolutions 

 

Join us every week at NextOppSocial! A place where you can listen, learn, and consume actionable content to launch, build, grow, and scale your businesses. We explore new topics each week and interview entrepreneurs throughout the Detroit Metropolitan Area, sharing insights regarding various subjects, important business strategies, success mindsets, and tools you can use to level up in your business endeavors. 

We bring you content for entrepreneurs, by entrepreneurs sharing their invaluable experiences and wisdom. We feature fledgling and established entrepreneurs alike; everyone from multi-millionaires, subject matter experts, CEOs, best selling authors, and some of the brightest minds in business.

Click the image below to view this week's past episode!

 

 

If you're smart, industrious, committed to personal development, and building financial independence hit the subscribe button. We believe entrepreneurship is empowerment, and we look forward to you achieve a life of satisfaction and success. 

Take a moment to view past episodes here or click the pic below.

Never Miss An Episode by Visiting NextOppSocial here > https://www.nextoppsocial.com/ & Click the Subscribe Button

Stay Connected with the Next Opportunity Social Facebook Community here:
https://www.facebook.com/nextoppsocial/

Stay Connected with the Next Opportunity Social LinkedIn Community here:
https://www.linkedin.com/company/nextoppsocial

JOIN US LIVE ON WEDNESDAYS @ 10:00AM EST AT > https://bit.ly/NextOppSoconyoutube

LEARN MORE @ NEXTOPPSOCIAL WEBSITE > https://www.nextoppsocial.com/

 

 

#entrepreneurshipisempowerment


_____________________________________

JuJuan Buford is a Detroit native, entrepreneur, business development professional, and writer dedicated to helping families, entrepreneurs, and business owners establish thriving enterprises, achieve financial independence, and build lives of satisfaction.

IS THERE MORE? YES! Join my email group to receive my best stuff!! Continue to Learn & Grow

Learn More & Follow him online here:

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/  

LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: @JSBUFORD

 

I firmly believe an hour of meditation, or even taking 30 minutes to ask yourself....

1. What matters most to me?
2. What am I grateful for?
3. What does my masterpiece day look like?
4. What is the one or three things I can do to make today a masterpiece?

Creates not just hours, but done repeatedly, days of productivity, and weeks of clarity.

Website: https://thebufordco.com/
Website: https://www.nextoppsocial.com/
LinkedIn: http://bit.ly/linkedinpublicprofilejujuanbuford
Twitter: https://twitter.com/JSBUFORD
Instagram: https://www.instagram.com/catchjsbuford/