💎 Millionaire Business Tip 💎
To get business credit, avoid making this mistake 👇
When you transfer or move money from your personal account to your business account, it’s important that it’s documented correctly.
✅ Instead of letting it show up as business income, make sure you have an LLC Loan Agreement in place. This way, the money is recorded as a loan investment into your business, not income.
Why does this matter?
  • If it’s counted as income, it can mess with your books, inflate your revenue, and create unnecessary tax issues.
  • When it’s set up as a loan, it shows that you’re investing in your company properly. helping you build credibility and structure for lenders when applying for business credit.
💡 Millionaires don’t just move money… we move strategically.
👉 Drop a “💎” in the comments if you’ve learned something new today.
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Whitney Cumbo
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💎 Millionaire Business Tip 💎
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