| Does it make sense for a business owner to use | | | | Another benefit most cards offer their members |
| small business credit cards? You bet it does! | | | | is a concierge service that will assist you with |
| There are numerous advantages to paying | | | | getting restaurant reservations, tickets to |
| virtually all business expenses with a credit card. | | | | concerts and sporting events, and many other |
| Let's examine a few of these advantages. | | | | services that can be useful for a small business |
| Better Terms | | | | owner. Some cards even offer free automobile |
| Sometimes in business, you have to spend | | | | and travel emergency services as well as free |
| money to make money, and this can mean | | | | travel insurance. |
| putting up cash on the front-end before you see | | | | Ease of Banking |
| any returns. Your options are limited - you can | | | | Many small business credit cards offer free online |
| pay the money now in cash, pay with a credit | | | | reporting. This allows the business owner to pay |
| card, or, if available, choose a net 30 term of | | | | their credit card bill, monitor expenses |
| payment. | | | | instantaneously, and review statement charges |
| Most small business credit cards offer a better | | | | anytime online. Most cards can also classify the |
| interest rate and have fewer annual fee charges | | | | charges by business-related categories on a |
| than individual cards. Credit card companies | | | | quarterly and year-end summary statement. This |
| typically see a more reliable payment history for | | | | is very useful for the small business owner in |
| businesses than they do with individual consumers, | | | | preparing the company tax return as well as |
| so they give these business cards a lower | | | | having a great snap shot view of seeing where |
| interest rate. And, with the credit card market | | | | and how the company is spending its money. |
| becoming more and more competitive, companies | | | | Consumer Protection |
| are lowering, and, in many cases, eliminating the | | | | When it comes to business expenses, credit cards |
| annual fee. | | | | offer the same protection as for the individual |
| This makes paying expenses with a credit card an | | | | consumer. This is an often-overlooked advantage |
| attractive way to regulate cash flow. You keep | | | | of having a small business credit card. Paying |
| your cash on-hand and can pay the bill off on | | | | business expenses with a credit card for gives |
| your own schedule for relatively little additional | | | | the owner protection against fraudulent charges |
| cost. | | | | and, in many cases, an extended warranty over |
| Rewards | | | | and above the manufacturer's normal warranty. |
| Many business-oriented credit cards also offer | | | | Also, in the event you pay for something where |
| very attractive rewards programs that include | | | | there is fraud involved, the credit card company |
| cash-back incentives, airplane miles, gifts, and | | | | will protect you and reverse these charges, |
| complimentary services. Some cards also offer | | | | putting the burden of proof on the vendor. |
| savings from specific retailers simply by using the | | | | Conclusion |
| credit card to make the purchase. Why not pay | | | | Using small business credit cards to pay business |
| all business expenses with a credit card and take | | | | expenses offers added security, convenience, and |
| advantage of these free rewards? | | | | attractive rewards - financial and otherwise. And, |
| Many cards, such as the American Express | | | | they allow you to receive added financial |
| Platinum Card, give the cardholder free | | | | incentives while regulating cash flow to meet the |
| membership into various airline clubs. This comes | | | | ebbs and flows of your business. With the |
| in handy for the traveling businessman. Airline | | | | growing market for business credit cards, you are |
| clubs give the cardholder a nice private club | | | | sure to find an attractive credit card option that |
| atmosphere in nearly every airport that offers | | | | offers quality payment terms and fits in with your |
| free wireless internet access, phone services, | | | | business needs. |
| food and beverage, and a quiet place to relax. | | | | |