get a duns number: why every business needs one

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Did you know a DUNs Number is the most widely used number for identifying companies in the United States? Learn why a DUNs number is crucial for your business and what you need to do to get a DUNs Number for your company.

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Page 1: Get A DUNs Number: Why Every Business Needs One

February 15th, 2014 Published by: marcocarbajo

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Get A DUNs Number:Why Every BusinessNeeds One

Did you know a DUNs Number is the most widely usednumber for identifying companies in the United States?Learn why a DUNs number is crucial for your businessand what you need to do to get a DUNs Number for yourcompany.

For more information go to =>

http://getdunsnumber.com

Why Your Business Needs ToGet A DUNs Number

Did you know a DUNS number is the most widely used numberfor identifying companies in the United States?

Did you also know suppliers and creditors alike will pull a D&Bcredit check on your business when you apply for credit?

If you are serious about establishing credit for your businessthen the first thing to do is get listed in Dun and Bradstreet’sdatabase and set up your company’s credit file.

Part of establishing a creditworthy company includesestablishing positive credit ratings with major business creditreporting agencies such as Dun and Bradstreet.

When you apply for a DUNs Number the Data UniversalNumbering System will issue a nine-digit number that willbe unique to your company. This DUNs number will beused to create your business credit file similar to how yoursocial security number is used to identify your personal creditreports.

To check to see if you have a DUNS File first go to =>

http://getdunsnumber.com

Click on the DUNS File text link. On this page you can checkto see if your company is already listed with D&B and has aDUNS number.

You’ll see a list of possible matches but click on the tab onlyif you believe there is a close match to your company name.Doing so will require that you verify specific information aboutyour business.

Once you gain authorization D&B will provide you access toyour files via iUpdate, where you can review, update, correct,and add company information. We will discuss more oniUpdate in future steps.

Now if your company does not show up in the search resultsthan most likely you do not have a DUNs Number so the nextstep would be to apply for one.

It is important to note that once you set up a DUNS File yourfile will be created but it will be considered an incomplete file(marketing file) if you have no trade references reporting.

You can either upgrade to one of their programs so youcan add trade references to your file if they are acceptablereferences according to DandB or you can apply for startervendor accounts and wait for your new suppliers to report yourpayment activity.

Remember, once you obtain your DUNS Number the nextstep is to start establishing business credit by adding positivetrade references to your file. This only happens when you startmaking purchases with creditors that report your paymenthistory.

With over 500,000 suppliers in the U.S. and less than 6,000that actually report to the business credit agencies don’t getcaught up in the mistake of applying for credit with non-reporting creditors.

Ready to start building your business credit?

Check out our site http://businesscreditbuildersystem.comand gain access to a proven step-by-step business creditbuilding system. A system that provides you access to vendorlines of credit, fleet cards, business credit cards with andwithout a PG, funding sources and lenders that report to allthe major business credit bureaus.

Page 2: Get A DUNs Number: Why Every Business Needs One

February 15th, 2014 Published by: marcocarbajo

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About the author

Marco Carbajo is a business credit expert, author, speaker, andfounder of the Business Credit Insiders Circle. He is a businesscredit blogger for Dun and Bradstreet Credibility Corp, theSBA.gov Community, AllBusiness.com and About.com. Hisarticles and blog; BusinessCreditBlogger.com have beenfeatured in the SBA Community, American Express SmallBusiness, Business Week, The Washington Post, The NewYork Times, The San Francisco Tribune, Scotsman Guide,Alltop and Entrepreneur Connect. You can also find Marco onGoogle+.