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OnDemand Course

What You Should and Should Not Use the Business Credit Account for

Learn how to properly establish a business credit account and how to correctly use it for business purposes.

Many new business owners either fail to establish business credit accounts for their business or they establish such accounts and then use them improperly. This topic will help you understand what business credits accounts are; why they exist and how to properly use them. There is also a discussion about the impact of improperly using personal credit accounts for business purposes or improperly using business credit accounts for personal use.

59 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Introduction

  • What Is a Business Credit Account?
  • Why Establish a Business Credit Account?
  • Is the Business a Separate Entity From the Owners or the Investors?

Business Credit Account

  • How Do You Establish One?
  • What Information Is Typically Needed to Establish a Business Credit Account?

Proper and Improper Uses of Business Credit Accounts

  • Proper Uses
  • Improper Uses

Ramifications of Improperly Using Your Business Credit Account

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on September 22, 2020.

Call 1-866-352-9540 for further credit information.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Mark J. Fidel

Mark J. Fidel

Ivanti

  • Account executive for state, local, and education markets, Ivanti, Inc.
  • Co-founder and head of state, local, and education sales for risk-based vulnerability management company RiskSense, Inc.
  • Served as executive director for the Western States School of Banking, 2007 – 2011
  • Adjunct professor at New Mexico Highlands University, 2005 – 2007
  • Worked as a commercial defense litigator for the Modrall Sperling Law Firm in Albuquerque, NM, 2002 – 2004; maintains his licensure in New Mexico
  • Worked as a financial and senior financial analyst for Intel Corporation, 1994 – 1998
  • J.D. degree; M.B.A. degree; B.A. degree in finance
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 407249
Published 2020
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