From the course: Credit Secrets for Entrepreneurs
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Leveraging other people's money to excel and grow your business
From the course: Credit Secrets for Entrepreneurs
Leveraging other people's money to excel and grow your business
- You've heard of OPM or other people's money, right? You can leverage other people's money to grow your business through investors, borrowers or other sources of capital that don't come out of your own pocket. With business credit, you also want to protect against OPCP, other people's credit problems. So it is important to check business credit on your key suppliers, vendors, clients or prospective business partner. Anytime the risk of doing business with them could materially impact your business, you want to do your research first.
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