When opening a small business, many entrepreneurs choose to do much of their business shopping with a dedicated business credit card. There are many advantages to using a business credit card.
Using a credit card for all your business purchases is an easy way to keep track of all your transactions. While you should still keep your receipts, credit card statements simplify working capital management. In addition to being a good record of company spending, small business credit cards can increase the company’s credit score, and many credit card companies offer benefits and incentives for card use. From a small percentage of cash back on certain purchases to point of sale discounts to frequent flier miles, card usage benefits can be a great asset to the company.
Many merchant card service