Business Credit News YouTube Video: "How To Start Your Own Bank Using American Express Business Credit Cards?...

How To Start Your Own Bank Using American Express Business Credit Cards?

Business Credit News

36.90 k Subscribers

90 Average Views

1 Average Comments

Published on Nov 26, 2020

Schedule a Call with me - https://3wayfunding.com/business-survey Payday Loans 👉 https://houstonmcmiller.net/link/plia Your Support Of This Channel Is Greatly Appreciated: * Donate: https://houstonmcmiller.net/ppdonate * CashApp: $HOUSTONMCMILLER * Patreon: https://www.patreon.com/houstonmcmiller How To Start Your Own Bank Using Business Credit Cards? In This Video, I'll show you, how to start your own bank using business credit cards. Please Subscribe To Channel For More Video Tips- https://www.youtube.com/c/HoustonMcmillerOfficial/?sub_confirmation=1 For more Information Check My Blog: https://houstonmcmiller.net/ Can you create your own bank? If so, provided that you have enough money, a good business plan and the patience to make it through the regulatory process, you could actually start your own bank. ... "The U.S. is the only industrialized nation in the world where a group of citizens can start a bank," explains Edward J. How to Form a Corporation Choose a Business Name. ... Check Availability of Name. ... Register a DBA Name. ... Appoint Directors. ... File Your Articles of Incorporation. ... Write Your Corporate Bylaws. ... Draft a Shareholders' Agreement. ... Hold Initial Board of Directors Meeting. Get documents you need to open a business bank account Employer Identification Number (EIN) (or a Social Security number, if you're a sole proprietorship) Your business's formation documents. Ownership agreements. Business license. Key Moments In This Episode 00:28 HOW TO START YOUR OWN BANK WITH BUSINESS CREDIT CARDS 02:02 SETUP YOUR CORPORATION 03:20 OPEN BUSINESS BANK ACCOUNT 04:15 MAKE WEEKLY DEPOSITS 07:11 0% INTEREST CREDIT CARDS 07:29 TRANSFER CREDIT CARD BALANCE TO BUSINESS BANK ACCOUNT What To Watch Next https://www.youtube.com/watch?v=ylkqAx-eluQ&feature=youtu.be PLAYLIST https://www.youtube.com/playlist?list=PLL18mQhoBAKPTnlnCU3F0eoywDZnKXKIw DISCLAIMER: The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice or financial advice. You should not rely upon any information contained on this YouTube channel for financial advice. Viewing this YouTube channel is not intended to and shall not create an client relationship between you and Houston Mcmiller or Business Credit America, Inc, or any of our associated websites. Messages or other forms of communication that you transmit to this YouTube channel will not create an client relationship and thus information contained in such communications may not be protected as privileged. Neither Houston Mcmiller nor Business Credit America, Inc, or any of our associated websites makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind. Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, may be compensated for the links we share with the public audience. *QUICK DISCLAIMER: I AM NOT A TAX EXPERT. I AM A RANDOM GUY ON YOUTUBE MAKING VIDEOS IN A SPARE BEDROOM. DON’T LISTEN TO ME. CONSULT A QUALIFIED PROFESSIONAL FOR ANY TAX ADVICE.* #businesscreditcards #businessowners #businessloans...Show more