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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.
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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
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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.
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*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
About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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