Understanding Credit: Tips to Empower Businesses | The Mills Knows Bills Podcast Episode 55, Season 7

Link to video episode: https://youtu.be/EXOIT3XJg10

Welcome to Season 7 of The Mills Knows Bills Podcast! Host Mills Bender, founder and current CEO of MKB, discusses strategies for business owners and variable income earners to manage their finances effectively.

In this season premier episode, Mills welcomes business credit expert Paul Childers of BlueSky Biz Solutions. With over three years in the business credit repair and building space, Paul shares invaluable insights on the importance of separating business credit from personal credit. They discuss real-life examples, common misconceptions, and practical tips on how to manage and leverage business credit effectively. Paul also shares some of his success stories, helping business owners navigate the complex world of financing and credit. Tune in to learn how to build robust business credit, improve personal finances, and make informed financial decisions!

For more personalized advice, contact Paul through his social media or website:https://blueskybizpro.com/

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Do you have your own financial questions for MKB? Please visit:
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00:00 Welcome and Guest Introduction
00:26 Understanding Business Credit
02:01 Importance of Business Credit
04:10 Challenges with Banks and Business Credit
05:51 Asking the Right Questions
08:00 Resources for Business Owners
09:53 Paul's Journey into Business Credit
13:27 Working with Blue Collar Industries
17:42 The Impact of Business Credit on Personal Finances
18:24 Common Misconceptions About Business Credit
20:11 The Truth About Personal Guarantees
22:17 How We Help Businesses Navigate Credit Challenges
28:04 Success Stories: Real Business Transformations
32:23 How to Reach Out for Help

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