CashFlowExperts.Biz

Mark Lewis question –
Can I get BUSINESS CREDIT for a home based or an internet based business?

Tom’s answer – Yes. We offer cash lines of credit that can be used for ANYTHING.

Clayton Moss question –
What are the general servicing requirements on the business lines?

Tom’s answer – These lines of credit are revolving in nature and only require a small monthly payment. And any money put back into a line of credit can easily be accessed again at anytime.

Loreen Howarth question –
I live in Canada but wish to have a business in the US. Can I do this from Canada?

Tom’s answer – Yes. Of course! Millions of foreigners’ register US based businesses.

Leah Hudgins question –
Do you have higher credit lines available?

Tom’s answer – We have a variety of credit lines in all sizes. You will find it is much easier to get approved for several $40,000 lines of credit for your business than it would be to get a single million dollar credit line.

John Winds question –
Do you recommend forming our business entities in Nevada to take advantage of the inherent privacy (i.e. no reciprocal sharing with the IRS)?

Tom’s answer – You seem to be answering your own question John. If you want to save on Taxes and keep your assets private a NV corporation is the best place to do that. But you can get our business credit no matter where you live or have registered your business name.

Cecil Williams question –
I own a hair salon in Michigan, do I need to incorporate to qualify for these business lines of credit.

Tom’s answer – You need to register your business name in order to get business credit. You need something like an LLC or S-corp business name.

The TRUTH about Thomas Kish, National Business Credit expert and the founder of CashflowExperts.

Thomas Kish is the founder of CashFlowExperts.biz Inc. and is the author of “Shortcut To Money Secrets”

He is one of the nation’s leading authorities in the area of business credit and has helped thousands of people around the world get millions of dollars of new business credit.

His business lines of credit come in the form of fixed rate, fixed term loans, unsecured lines of credit with check writing privileges and small business credit cards that don’t report a balance on your personal credit profile and can be used to purchase anything.

Tom’s unique strategies for investing using new business credit
has helped many people improve their net worth and the quality of their lives.

He is an active investor and business owner who has built dozens of profitable businesses over the last 15 years using business lines of credit.

Here is a short excerpt from my book:

The Shortcut to Money – By Thomas Kish.

What is the shortcut to money?

We all dream of getting ahead by starting our own business or making great investments that lead to profits.

Famous business motivator Jim Rohn says “ Wages make you a living – PROFITS make you a fortune”.

Well, your in luck. Profits are now available to everyone because you were born into a time of unlimited opportunities.

People are starting their own businesses in record numbers today.

According to the Small Business Administration 672,000 new businesses were created in 2005. That’s the biggest business birthrate in U.S. history. And more than half of all small businesses are based at home.

Isn’t it time you became your own boss and had the brass ring or the big mahogany desk?

But BEWARE – Most new business owners run out of money in the first 5 years.

You must find a shortcut to getting the money that’s needed to start a profitable business or begin investing.

It’s time you learned about our unsecured business lines of credit, the fastest shortcut to money you will ever see.

I’m Thomas Kish the CEO and Founder of CashFlowExperts.Biz Inc.

I’m an author, teacher, business consultant and an active investor operating 25 diverse businesses. Today I’m recognized across the country as a national expert in the field of business credit. I’ve shared the stage with many well known wealth building experts and I’m regularly asked to speak at Real Estate Investor Association meeting and business expo’s on the subject of building business credit.

Today, I feel blessed to have successfully cracked the code and learned how to use business lines of credit instead of my own money to profitably invest in everything from real estate, the stock market, internet businesses and even thoroughbred race horses.

And I have been able to teach thousands of people all over the world how to get millions of dollars in new business credit.

But I started my first business enterprise like most people do without knowing anything about using business credit. I had a dream and a little saved up and I struggled for years just to make ends meet.

Then one day I met the man that became my first mentor and I started to learn how to get business lines of credit to increase the profits in my struggling business.

I got such dramatic results when I started to use this shortcut to getting money that I became obsessed with learning everything I could about business credit.

I spent the next 6 years and over $300,000 of my new business profits on more mentoring, training, workshops, home study courses, boot camps, field testing and costly trial and error to perfect this shortcut to money.

I literally traveled the world to study with world class mentors, trainers and successful business coaches.

In fact, my name appears on page 285 of the New York Times best seller “Cracking the Millionaire Code “ as one of the contributing members of authors Robert G. Allen ( Nothing Down ) and Mark Victor Hansen ( Chicken Soup for the Soul ) inner circle.

The business credit secrets I learned over the years have transformed my business and now I teach these same success principals to people all over the world.

The shortcut to all the money you will ever need is called unsecured business lines of credit.

1. Expenses used to figure the cost of goods sold. If you deduct these from your gross receipts to figure your gross profit for the year, you may not use them again as a business expense. These include the cost of product or raw materials, including freight, storage, and direct labor costs (including contributions to pensions or annuity plans) for workers who produce the products and factory overhead.

2. Capital expenses. These are expenses that are considered as part of the investment in your company such as business start-up costs, business assets and improvements. These expensed must be “capitalized” rather than deducted as a business expense.

3. Personal expenses. These cannot be deducted as a business expense, unless a portion of the expense is directly for business purposes. For example, your home cannot be considered a business expense, but the portion of your home used for your business office can be deducted.

As you may know, many business expenses should be taken as a tax deduction.

Here is a quick list:

*registration costs
*courses you purchased
*business credit interest
*phones
*meals related to business activity

But make sure you understand that some business expenses are called Capital Expenses and can’t be completely deducted in a single year.

Capital expenses are expenses that are considered as part of the investment in your company such as business start-up costs like registering your name, business assets like computers and improvements. These expenses must be “capitalized” rather than deducted as a straight business expense.

That just means that you deduct a percentage of that cost each year.

As an example, the cost of your new LLC may be $2,000 and you might take a $400 tax deduction on that $2,000 expenses this year and each year for the next 4 years until the total cost has been deducted.

You can see in this example that it pays to read up on all the proper tax codes or hire an accountant that will do this for your business.

Thanks, Tom.

P.S. Don’t miss the call I will be doing Sunday night at 6pm pacific at: Phone Number: 419-400-0203 Use Guest PIN: 2571806#

Many business owners use business lines of credit to double or triple their advertising. Because more ads mean double the sales and these business lines of credit have a grace period that allows you to use the money interest free with no payments needed for the first 40 days. Which is plenty of time to see any good ad campaign make huge conversions. And the best thing about this business credit is that it is tax deductible and it does not report on your personal credit while you use it. Using business credit is much smarter and cheaper than trying to max out your personal credit cards to run your business.

Get more info on business credit at: http://www.ShortcutToMoneySale.com

Tom

Leanne  Mikka asks -
Tom, I have been approached by many companies telling they could build my credit – they want a pretty big upfront fee for that service – which they want me to fund with my personal credit… doesn’t that seem to fly in the face of what I’m trying to do!

Tom says – you always have to use some of your own money to start a business before you get your first business line of credit. Then your business can reimburse you when you get the business credit. Think about it. You need to personally pay the costs just to get your business name registered with the state because you don’t even have a business yet. Then when you are set up and get approved for the business lines of credit, your business pays you back for any costs you fronted to get started.

Paul Chou asks -
I already have a Duns number established and want to get corp. credit. I’m looking for seed money to get my business going. How much time frame do I have to get it going?

Tom says – most people have a few of the pieces in place for building business credit off their business image, but they usually have not done all the steps. You could be ready to start using my recommended lenders immediately. But you should plan on an average of a few months to build up over $100,000 in new business credit.

Dan Black asks -
Does one have to buy a shelf corporation to speed up the process since a new entity will have no credit initially? And are we applying directly to your recommended banks for the credit lines?

Tom says – you do not need a shelf corp. to build business credit. Most of them are over-priced. I can show you how to use a new business with no proven history to apply directly to my recommended lenders for business credit.

Curtis Mobley asks -   
I have a business line of credit but the lender keeps lowering the limit as the balance is paid.

Tom says – then you need 10 more of my business lines of credit so you are not dependant on just 1 lender. Curtis, there are thousands of business credit lenders I recommend if you will just take the time to ask for more business credit!

See you soon, Tom.

P.S. follow me at http://www.Twitter.com/thomaskish

A business is a vehicle through which anyone can conduct commerce. When the business entity has been legally registered with the federal government and the State in which it conducts its operations, it is often referred to as a corporation.

A corporation is a legal entity formed by individuals who own and operate it. It has its own legal rights, liabilities, and responsibilities that are separate from the owners’ legal responsibilities and liabilities.

That is why a corporation can get money in the form of business credit so easily, even if the person has problems in their past history.

A corporation is quite different from a sole proprietorship, where there is no legal separation and the owner is personally responsible for any activities conducted by the business. It is important for you to understand that there is no personal asset protection or personal credit protection for people who do business as sole proprietors.

If you have a sole proprietorship, you can only use your social security number on business forms. However, if you incorporate your company, you will be given an Employer Identification Number (EIN) that you can use in relation to your business. An EIN is a number that is provided to you, at no charge, by the IRS when you set up your business. It is used for reporting all federal tax information on a K-1 business tax return.

Why form a corporation?

Forming a corporation is the only way to separate personal credit and personal liability from business activity. With an incorporated company, the company itself, not the individual owners, assumes responsibility for its activities. In other words, an incorporated business has its own separate legal entity.

The corporation’s debts and taxes are separated from its owners, shareholders, officers, and directors. In this way, a corporation offers personal liability protection, as well as tax advantages, for the owners and operators. A corporation enables its owners to borrow money in the name of the company so that the loan is not reported on the owner’s personal credit while it is in normal use. This is a huge advantage to the owners of a company and protects personal credit.

This is why we help people use our programs to set up a business name and get business credit that can be used for anything.

Go to the site: http://www.CashNow2009.com/today

Thanks, Tom.

Keith Shamberger says…
Tom, your still the bomb. I still can’t believe you aren’t one of those “other” gurus who hide behind their computer.

I haven’t laughed this hard in a long time.  There aren’t to many speakers as candid as you. They never say what they truly mean. 

This article is reprinted with permission from a friend of mine in Dallas that is a Realtor!

It really does a good job showing us that things are not that bad.

FROM THE DESK OF RON

During the holidays, my wife and I had the opportunity to take a “road trip” to St. Louis Mo.  While on the trip, we marveled at the bright prospects for our nation’s future.  After reading and seeing all the negative stories filled with doom and gloom we are exposed to every day in the newspapers, on television and the internet, it was refreshing to refill our tanks with optimism.

Along our drive, we saw building sites under construction, experienced new roads being built (lucky for me, that always seems to happen when Cindy is driving), passed retail stores with grand opening banners and visited new home subdivisions with families just setting up homes.  We saw an optimistic nation trying to make a better world for tomorrow despite the lagging economy, global warming debates and war fighting on two fronts.

America today is not unlike America of the past.  The Pilgrims, traveling across storm-tossed seas, founded America on optimism.  President Abraham Lincoln led our nation through a bloody civil war driven by optimism, knowing the United States would have a brighter future if all men were truly created equal and could enjoy the full citizenship of this great nation.  For hundreds of years immigrants with an optimistic view have risked everything to come to America for a better life.  Men and women of our military forces have fought and died around the world so America could be a place of opportunity for their fellow citizens.  Despite the gloomy news, the optimistic America still exists and I am thankful for that.

In St. Louis, Cindy and I had the chance to share a holiday meal with a co-worker and friend of our daughter.  Although we had not yet met, this young mother eagerly invited us for dinner.  Dawn wanted to share her family traditions and open her new home to us.  Without hesitation, we accepted her invitation.  Although she had never really tested her cooking skills for a large holiday meal before, I must say it was one of the best meals we have had in a very long time.  You see, she “spiced-up” the meal with the optimism we saw while traveling. 

Dawn is young, just really getting started on her career and has a nine year old daughter.  Despite her tiny size, she works a physically demanding job (think unloading 40 pound boxes from semi-trailer trucks) and is paid by the hour.  She works hard to instill the “right” values in her daughter and worries about paying the bills like everyone else.  But she is optimistic. 

Taking advantage of the first-time homebuyer’s tax credit program, Dawn just purchased her first home.  Before dinner, she excitedly gave us the cook’s tour of her modest 1960’s era, 3 bedroom, 1 bath home.  She explained her desires to repaint and remodel.  She told us about her future plans and the bright tomorrow she envisioned.  Her optimism, fueled by her sense of pride and desire for a better future for her daughter, led her to homeownership.  She purchased a home with a fixed-rate mortgage which she could afford on her present salary.  Dawn had taken the first step in a more secure, optimistic future.  Best of all, she no longer pays rent to a landlord. 

Dawn epitomizes America’s future and past to me.  Like our ancestors, she has faced adversity and struggled to make the best of her current circumstances.  She recognized the reality of her challenges and made decisions that can lead to a better tomorrow.  Dawn did not buy her “dream home” with a champagne mortgage and a beer budget.  She set realistic goals, studied her options, took advantage of the opportunities America has to offer and started the next chapter in her life.  Dawn is not paralyzed by a weak economy, unrealistic dreams, a modest budget or the lack of a “can do” spirit.  She is using her skills and optimism and seizing the moment.  Dawn is living the American dream.

Good luck, Ron.

From the desk of Tom Kish.

I got up early this morning and felt totally out of sorts. I didn’t really have to get up but I am just conditioned as a dad to do it automatically.

And I didn’t have any work to do, other than looking at the betting lines for today’s games and races.

So I turned on some old Pat Green, grabbed my cup of tea and made a list of everything I am thankful for…

Of course I’m grateful for all the material possessions, a wicked cool house, money and all the great things that come along
with being a business owner and investor. That’s pretty much a
given.

And of course I’m thankful for all you amazing friends and clients that I’m lucky to have gotten to know over the last year. Believe me, the best part about my business is what you teach me through your experiences.

But I’m utterly blown away and most thankful when I see my son James sit up in bed and smile at me, ready for another day of adventure!

Happy Turkey Day, Tom.