142 – How to Sever Your Personal Credit From Your Business :: Michael Clark

A Middle Tennessee Business Podcast…

Michael Clark is a business credit expert, avid history buff and bagpiper.

What Michael does most is to point out that not many business owners know how or are even aware that theay need to build business credit. 

From Michael:  I help small to medium size businesses build a robust business credit file. This provides the company with 10X the amount of usable capital with the absolute best rates and terms. This business credit is built solely on the EIN of the company, which removes all personal guarantees and liability from the company principals.

Follow Michael:

https://www.linkedin.com/in/michael-clark-721baa77/

Episode highlights:

23:19 – What is a credit score and how does it work?

27:03 – What is business credit?

34:57 – Most people don’t start their own business because they’re good at admin, there’s a different way.

38:51 -Business credit is not a quick fix.

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Random 5 sponsored by IT’S YOUR SHOW.CO!

www.itsyourshow.co

You know you have a lot to share with the world, but how? What’s your source? 

The Dad Joke Challenge is sponsored by Ed Fox and Tradebank of Nashville, for when you have unsold inventory or services and think that barter is smarter, go to www.nashville.tradebank.com

The Dad joke challenge with Ed Fox – Author of 101 groan-tastic dad jokes available on Amazon Kindle, or you could go TikTok channel @specialedfoxdadjokes

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****You hear Jim mention it on almost every episode, ME vs. WE and how 2023 will be 1943 all over again….order “PENDULUM:How Past Generations Shape Our Present and Predict Our Future”:

https://a.co/d/7oKK7Ip

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The co-author of Pendulum wrote a myriad of other books and started a non-profit 21st Century Non-Traditional Business School that you should really check out: 

Wizard Academy –  www.wizardacademy.org

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Talking about the real problems (and possible solutions) of everyday business owners and professionals in and around Middle Tennessee and beyond…this is the What’s Your Problem Podcast!

WYP Intro VO: @johndavidwells

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