Why Building Business Credit Should Be a Priority for Your Restaurant

Though he has a degree in business administration, building business credit wasn’t in Clarence Adams’ course work. He wishes he had learned about it earlier. “I think knowing the information when you’re going into it would be wonderful,” he says. 

He and his wife Joi own two businesses: including their newest, an Italian ice shop in Fayetteville, GA. They started their first business with cash, but when it came to building The Icy Spot GA, they tapped personal credit for some of their startup costs. 

They are now in the process of moving locations to one with more opportunity for foot traffic. “It feels like we have to start over,” said Adams. He’s responsible for more of the renovations, there will be a new set of inspections, and he’s paying close attention to details like creating a more attention-getting logo.  “All while running another business,” he notes. 

Despite the challenges, they are determined to get to the next level.

Like the Adams’, most…