Course: What is credit?
8 minute read
Initially, Elle uses her own money to purchase furniture and materials, and her clients reimburse her. With her growing list of clients, however, tracking the money coming in and going out is becoming a challenge.
Elle also learns that the showroom she frequents offers a substantial discount to professionals with a tax ID number. She could pass the savings on to her clients or keep the money for herself.
She’s at a crossroads. Does she stay the course or formally incorporate her business?
