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Recent Articles

Business Credit Cards Help You Keep Track Business Transactions

June 18th, 2008 by Shenron

If you’re already having a business or just started a new one, you should optimize it by having a business credit card. There are so many great thing that you could get with this business credit card, especially when you need to pay the unexpected cost or the operating expenses of your business.

There is other main purpose that you should consider when you obtain a business credit card. You could build your business credit report and secure your position when it comes to get the loan from the bank to expand your business. The bank will see whether you have a good business credit or not before they allow you to get the money. All you have to do is pay your business credit card bills on a regular basis so you could maintain your business credit health.

Before you contact the business credit card issuer, you should know that they will require your personal information as a business owner. It’s to make sure that someone will take the responsibility for all the payments that been made by the business credit card. And that person is you, as the owner of your business. Also, be careful with the business credit card interest. Even if you have a well-known business that has a fabulous track record and a good credit rating, you won’t get a lower interest rate if your own credit rating is bad.

Most business credit card companies will offer you many types of programs and features that you can use to keep track your business expenses as well as the accounting activities. You can use the billing feature to provide a proof for every tax deductions made. Also, there are other features that will keep you from the fraudulent that used by require a written authorizations for every charge which made by other person except the owner.

After you received your business credit card, you should be caution and be aware. It’s to make sure that you don’t make personal purchase using your business credit card. Keep using each of them separately, business credit card for your business and your own credit card for your personal expenses. Any of personal charge that you made carelessly by using your business credit card will require you to well documented it so you could keep the legal separation properly. And the last, make sure you used your business credit card only for your business purpose.

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How To Capture The Perfect Small Business Credit Card

June 18th, 2008 by Shenron

There are some useful features you should know before you consider to apply for any Business Credit Cards. Do you want to know what the features are? When the business already set up or just getting started, the term of ‘finding a perfect small business credit card’ is still the most populer among the business managers. Sadly, not all business owners know where to find the perfect small business credit card. Save your valuable time and money by reading through this article about what you should consider to capture the perfect small business credit card.

Pretending that you received a Business Credit Cards offer via post or email. What you should do next is compare the Business Credit Cards offer with at least two or three others. As a business managers, you should consider to adding following features and tools in your Business Credit Cards to be.

1. Additional cards for your employee. This would be very useful if you have a business partner. Some companies would provide you additional cards with no extra cost. Also, make sure you are allowed to set up a credit limits for your employee.

2. Business Credit Card security. What is important for having a smal business credit card is security. You could ask the lenders if they offer zero cost liability for unauthorized purchases.

3. Quarterly and Annual account summary. This features could save you more cash on accounting fees. Could you imagine the amount of time you’ll use when you manage your own bookkeeping and calculate it by yourself? By having this features, you could keep track of your employee’s expenses, and your account summaries will take care of this important and hard job for you.

4. Low Annual Percentage Rate (APR). It will be a lot more easier to compare offers by point to this low APR. Some companies will offer you a 0% APR for purchases and balance transfers for about 12 months.

5. Prescription discount benefit program. This feature will be very useful for your small business credit card since it will include the cardholders and their dependents in it.

6. Ability to manage your online Business Credit Cards account. By having access to your online small business credit card account online, you could manage payments, track activity, view statements, request a credit increase, even add employees.

Compare each small business credit card before you apply for one, and don’t forget to adding these six features to save more time and money for yourself.

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Business Credit Cards Help You Keep Track Business Transactions

How To Capture The Perfect Small Business Credit Card

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