Small business credit basics: Tips for the self-employed

If you’re getting into business for yourself, say through ride sharing, freelance work or selling products online, you’re likely starting to take business cash flow seriously. Your personal finances and business finances may be intertwined right now as you build up your gig work or side hustle. That’s likely true when it comes to your credit and business, as well.

However, if you’re going to pursue your small business long-term, it’s a good idea to start creating distance between your personal and business expenses. Not only can it help make managing your money easier, it’s a necessary step to start developing your small business credit.

Below are some things to keep in mind when it comes to small business credit and finances as you continue down your entrepreneurial path.