Business Credit Cards
Choosing a credit card for your small business
You have a small business and you need a business credit card to help fund the business and keep it going. Business credit cards or corporate cards are also helpful in building credit history for the business, providing short term loans, and obtaining discounts from vendors. So, how do you choose the right card for your business? This article provides an overview of what to look for from a credit card company.
Reputation
Check to see which credit card companies have good reputations. Blogs and message boards can provide reviews from other consumers. Check the Better Business Bureau for reports of consumer complaints…. Read more
Business Finance News Top Stories
Let’s first discuss the basic types of corporations. These are pretty simple, there is the ‘corporation’, which is denoted by the abbreviation “Inc” after your business name, there is a Limited Liability Corporation, which is denoted by LLC and a nonprofit organization, which is sometimes referred to as a 501C3 corporation, as this is the tax code that it refers to… read more
There are not many differences between business cards and consumer credit cards today. Most of the programs rewards and interest rates are the same… read more
All business comes with risks but for a small business something like a lawsuit, injury or theft can destroy a small company… read more
During tough economic times, it is very difficult to find new customers; everyone is cutting back and spending less, spending less means less time in the stores, less time visiting online retailers and less time looking at sales and bargains… read more
Going global with your small business may mean the difference between success or failure in a difficult economy… read more
Recently President Obama introduced his new economic recovery act with the new jobs plan. (The American Jobs Act)… read more
Over the summer of 2011, it looked like the economy was slowly starting to take off, all indicators showed positive steps in the right directions… read more
Frequent credit chargebacks can break a business……. read more
The American Dream is part of our makeup, part of our genetic heritage, part of who we are, regardless of where you come from, what your origins are or your culture, most Americans want to be part of the American Dream… read more
During a time of economic turmoil and slow business, it is important to make sure all of your employees are working their utmost performance level… read more
Business Loans and Lines of Credit
A recent survey conducted by the NFIB Foundation discovered some startling information about the effects of this recessionary period on small to middle size businesses. Basically business credit had dried up.
• 55% of small business owners applied for some sort of credit and 45% were declined
• 40% of small businesses had their credit requirement met, compared to 90% in the year 2000
• 22% of small business borrowers, had their terms and conditions, changed by the lender, not at their request…
… Read more
Accept Credit Cards For Your Business
Any good businessman knows that they need to be able to accept credit cards, as more consumers use credit cards more than cash today. Also debit cards are the same as checks and most people no longer carry around checkbooks they simply use their debit card to make purchases.
In a bad economy, all merchants need to be able to accept all forms of payment, when money is tight, there is no reason to lose a sale because you do not accept the credit card that your customer has…. Read more