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Online Class: Business Credit 101

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IACET Authorized Provider Enroll today! This is a self-paced, continuing education, online course with instructor. You have 6 months to complete.
Course Cost: 6 Month Subscription
Course (no Certificate)   =   $40.00
Course with CEU Certificate*   =   $65.00
* Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery). UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.  
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Course Description

 Business CreditBusiness Credit 101 provides potential and current business owners with the necessary knowledge to successfully use credit within their business. There are many reasons why business operators rely on credit to maximize their business potential, but it is necessary to have an insight into the business credit arena to ensure that business credit is used effectively.

This course takes you through the basics of business credit giving you an opportunity to understand what business credit is, how to obtain business credit, the best type of business credit and even explores the taxation aspects of business credit. Business Credit 101 will provide aspiring and current business owners the necessary knowledge to effectively manage their business credit and financial needs.

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Learning Outcomes

By successfully completing this course, students will be able to:
  • Define what business credit is and why it is important to the success of any business.
  • Describe the credit bureaus for business credit.
  • Describe the procedures involved in establishing business credit.
  • Describe the legal business entities that best avoid personal financial liability.
  • Describe the requirements to establish business credit.
  • Describe the methods used to better ensure business credit approval.
  • Describe the procedures to develop a business plan.
  • Describe different types of business credit available for your business.
  • Describe common techniques to manage company debt.
  • Describe the implications of taxes on business credit, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.

Course Lessons

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Lesson 1 - What is Business Credit?

To operate a business now, it is important to have a regular cash flow supported by financial income – often from more than one source to guarantee financial solvency even in a case where income from business either is absent or delayed.

Lesson 2 - Credit Bureaus

If a bank or lender is to remain operative, it needs to apply a form of quality control in the loans and other credit that it extends to its customers.

Lesson 3 - How To Establish Business Credit

To get a decent income stream from credit sources, it is important to establish a business credit record.

Lesson 4 - Limited Liability Companies and Corporations – Protecting Your Personal Credit Rating & Assets

Lesson 4 - Limited Liability Companies and Corporations – Protecting Your Personal Credit Rating & Assets

Lesson 5 - Company Registration Requirements To Establish Business Credit

Any company seeking to build a credit record for itself should take steps to build for itself a credit identity.

Lesson 6 - Business Credit Requirements

When setting up a new company, or extending your present one, it is almost a guaranteed fact that you will need to rely on credit to get where you want to go.

Lesson 7 - Business Credit Administration Ensuring Business Credit Approval

Being able to keep your business solvent is at the end of the day the most important thing for a business owner.

Lesson 8 - Preparing Business Plan

Between the point where you are a potential businessperson and where you are an actual businessperson, there is a lot of ground to cover if you want the business to succeed.

Lesson 9 - Business Credit Without Personal Guarantees

The undeniable fact is that you will only get so far just using the profits of your business.

Lesson 10 - Managing Business Debt

In business you will have times that require some funding to see you through, and to secure this funding there may be a need to take out lines of credit. It becomes less a matter of avoiding business debt – because such a thing is more or less impos

Lesson 11 - Maintaining An Active Business Credit Profile

A bit of ambition is important in the world of business, and this ambition often characterises itself in being prepared to take out lines of credit which might be necessary to keep a business going, or desirable in order to improve a business.

Lesson 12 - Taxation And Business Credit

In business, because a business can be handed over from one person to the next upon their death, the only thing that taxes

Lesson 13 - Business Credit Pitfalls

Several Business Credit Pitfalls are discussed.

Additional Information

Course Title : Business Credit 101
CEU Value :

1.2 IACET CEUs (Continuing Education Units)

Standard :

Course Adheres to the ANSI/IACET 1-2007 Standard

Accreditation :

Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.

Languages : English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Course Number : 7550203
Course Type : Professional Development
Course URL :

http://businesscredit.onlineclasses.com

Course Rating : Excellent Course! 4 Star Rating
Instructor :

UniversalClass Staff Instructor

Syllabus :

View Syllabus

Grading Policy :

Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned

Assessment Method :

Lesson assignments and review exams

Duration : Continuous: Enroll anytime!
Requirements : View Technical Requirements
Course Fee :

Basic Course: $40.00 (no CEU Certificate)

   

with CEU Certificate: $65.00

NOT FOR COLLEGE CREDIT
This is a non-credit course, and is provided for your personal enrichment. This course is not intended to be a substitute for any state, government, licensing, certification or educational requirements.

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