When you decide to cancel the first company to you the next thing you should do is to incorporate two to five more companies, even if you have not decided to use them at this point.

There are several main reasons for this policy if you are serious about building a business and a possible corporate credit you should follow these steps.

• After the first business recorded and you’re working for a company and growing the business, you can find it in time for one reason or another you may have to replace some of your assets around for protection or simply go for new employment opportunities that may present themselves to you that will not work with the current business structure.

• After you first established your business and have built the credit worthiness of, you will find that it is easier to build credit for other corporate needs by simply sharing the credit with other business though a process known as daisy chaining. This is a great way to build credit many companies of all the work you have already done.

• have many companies set up, you can create your own set of shelf companies. These are companies that are just with regard to their age alone that allows you to get the business up and running in a fraction of the time it would normally take. This shelf company will add real tangible value to the bottom line in many ways. So that if you ever chose to sell one, the going rate is about $ 1,000 per year of age, and if there has been any corporate credit attached to it value can triple or even quadruple.

• Statistics say that most businesses fail in 1 to 5 years of their inception, so if this is true, simply by many companies in the wings ready to go, this fact will no longer anything to you. Simply because you planned ahead and quietly and strategically created back company with unsecured corporate debt financing already established.

These four simple steps will see you through almost any business ups and downs if you apply them correctly and get started today. Now their implementation, you will find that in less than a few months you will not only be the first business to install, but you may have already incurred thousands of dollars in unsecured business lines of credit.

Do not wait incorporate today!