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Question
I already do a lot of work by myself, and make some extra cash while I'm doing it. My question is since I have thought of a good name for my work (business) should I register that name first. Before trying for a loan or expansion?
Don,
It is a good idea to not only choose the name of your business but to determine the right type of business (corporation, limited liability company, etc). It is a good idea to discuss the structure of your business with your CPA or attorney.
Lenders respect customers who are organized and have put thought into the structure of their business. It is also easier for lenders to deal with you as a client once they understand how you have organized your business.
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Answers by Expert:
Trish Hullen
Expertise
I am a specialist in gas station financing - acquistion, refinance, construction, site improvement. I am able to answer questions specifically about the petroleum industry however I do not have expertise relating to non-petroleum questions.
Experience
15 years working with a major lender financing gas stations.
Organizations
Petroleum Marketeers Association
National Convenience Store Association
Education/Credentials
Chapman University, California - Degree in Business Management and Finance.
Awards and Honors
Award from Citigroup - 2 years as highest performer
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