Ngafua and People Ltd

You can not do what you don’t know

WE SET YOU UP WITH THE RESOURCES TO BUILD GENERATIONAL WEALTH AND STAY ON THE PATH OF FINANCIAL FREEDOM

Don’t know what business to start or buy? What skills do you have that solve a problem or fulfill a desire?

BUSINESS PRIMARY TRADELINES

Gofundmyself | Business Primary Tradelines Having good business credit is essential for getting the money you need to successfully run and grow your business. Good business credit can save you money with lower interest rates, provide business credit without the need for a personal guarantee, and improve the overall image of your company. Go....

Rules targeting financial criminals will require new filings for startups and small businesses Insignia of the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN). Startup and small business owners take note: if your company has

Beginning January 1, 2024, most small entities including single member LLCs must file online reports with the federal government, disclosing information about the beneficial owners of the entities.

Small Entities Must File New Beneficial Ownership Information Reports in 2024 Beginning January 1, 2024, most small entities—including single member LLCs—must file online reports with the federal government, disclosing information about the beneficial owners of the entities. This new reporting requirement—estimated to impact at least 32.6 million entities in 2024—was ...

Use this website to register your LLC

Swyft Filings: Start Your Business | LLC & Corporations | Swyft Filings Use Swyft Filings to start an LLC, corporation, or other business entity in under 10 minutes. Answer a few simple questions and let us handle the paperwork.

Never go after bad money with good money

The 4 factors you should consider when buying a business are: Your skills, interests/passions, experience, and connections.

Many business tradeline reports to Dun and Bradstreet (D&B), including:

Net 30 vendors, such as Uline, Quill, and Grainger

Credit card companies, such as American Express and Visa

Banks and financial institutions, such as JPMorgan Chase and Wells Fargo

Telecommunications companies, such as Verizon and AT&T

Utilities companies, such as PG&E and Con Edison

Software companies, such as Salesforce and Microsoft

Investors bring capital, value, and solutions. Be what business owners want most. Be an investor.

One of the most effective ways to protect yourself is with an S.P.V. A Special purpose vehicle is an entity created specifically for your acquisition.

My favorite industries for a great R.O.I. are Business Services, Information Technology, and Financial Services.

The most successful entrepreneurs are those who never give up on their dreams, no matter how challenging the journey may be. 💯📌💯

Bank for people living outside of the US

Apply for a Credit Card Online with Zolve | Instant Approval & Exclusive Benefits Looking for the best credit card online? Zolve offers instant approval and access to exclusive benefits and rewards. Apply Now to get a high-limit credit card with Zolve!

Never be emotional about money

If you have 750 or above credit score and not a millionaire yet comment “Run The Play” let’s get you to that first mil real quick.

800 credit score by the end of 2023! Speak it into existence. 🗣️

Get access to 0% interest funding. If you have a credit score of 700+ score, l'll get you up to $150k in funding in 10 days. Dm me now to see if you qualify.

3 Business Credit Cards that report to the personal. Stay away from Capital One, Discover and TD Business Credit Cards

Having bad credit is like being the designated driver at a party - you're always stuck on the sidelines, watching everyone else have a good time. Except in this case, the party is your financial future, and the only thing you're sipping on is a glass of regret.

But hey, on the bright side, at least you don't have to worry about identity theft. Who in their right mind would want to steal your identity when your credit score is barely higher than your shoe size?

So go ahead, embrace your bad credit. Wear it like a badge of honor. And if anyone ever tries to judge you for it, just remember: at least you're not in debt to a Nigerian prince.

Monitor Your Business Credit Score:
It is important to monitor your business credit score regularly to track your progress and identify areas for improvement. You can obtain a free credit report from the three major credit bureaus: Equifax, Experian, and TransUnion. Keep an eye on your credit utilization, payment history, and any errors or inaccuracies on your report.

Establish Trade Lines with Vendors
Establishing trade lines with vendors is an effective way to build business credit. This involves working with vendors who report payments to credit bureaus. Make sure to pay your bills on time and in full to establish a positive credit history. Examples of vendors include office supply companies, utility providers, and equipment suppliers.

Understanding financial literacy is crucial for everyone, regardless of their age, occupation, or income level. Here are some reasons why it's important:

Budgeting and saving: Financial literacy helps individuals to create and maintain a budget, set financial goals, and save money for emergencies or long-term investments.

Debt management: With financial literacy, individuals can manage their debt responsibly and avoid getting into unmanageable debt. They can also learn how to use credit cards and loans effectively.

Investing: Financial literacy allows individuals to understand different investment options and how to make informed decisions about investing in stocks, bonds, real estate, or other assets.
Retirement planning: Financial literacy helps individuals plan for retirement, including understanding the different types of retirement accounts, estimating their retirement needs, and making long-term investment decisions.

Financial decision-making: Financial literacy enables individuals to make informed decisions about financial matters, such as choosing the right insurance policy, buying a home, or starting a business.

Protection against fraud and scams: Financial literacy can help individuals recognize and avoid fraudulent schemes and scams that could lead to financial loss.

In summary, financial literacy is crucial for making informed financial decisions, achieving financial goals, and protecting oneself from financial scams and fraud. It is an essential life skill that everyone should strive to develop.

Open a Business Bank Account:
Opening a business bank account is an important step in building business credit. This allows you to establish a banking history and track your business expenses. You can also apply for a business credit card and start making purchases that can be reported to credit bureaus.