| Small business plays a vital role in today's economy. It | | | | get the best interest rate and qualify for higher |
| is now easier than ever to establish a new business. | | | | amounts. As your credit builds you might also qualify |
| According to the US Small Business Administration, | | | | for a lower interest business credit card. |
| small businesses pay over 45% of the US private | | | | So even if your business doesn't have a 6 figure |
| payroll. Small businesses also employ over half of all | | | | budget, a business credit card could help your business |
| private sector employees and provide 60-80 percent | | | | grow. You never know when your business might |
| of new jobs over the past 10 years. With about 28.5 | | | | suddenly need extra money. Office equipment might |
| million small businesses in the US alone in 2005, virtually | | | | need immediate replacement. Without a business credit |
| all financial institutions now offer small business loans to | | | | card, financing could drastically interfere with your daily |
| qualifiers for a percentage. So why apply for a small | | | | routine. |
| business credit card? | | | | Earn Rewards with a Business Credit Card |
| Keep Track of All Your Small Business Expenses | | | | You can also save money and earn rewards. Certain |
| The first and most obvious reason for a small business | | | | business credit cards give you cash back on all your |
| credit card is to separate personal finances from | | | | purchases. Other cards give you varying cash back |
| business related purchases. With your small business | | | | percentages depending on where you shop...gas |
| credit card, you can make all your transactions by | | | | stations, grocery stores, office supply stores, etc. A |
| phone, internet or in person. Then get periodic | | | | cash back business credit card is a great way to |
| statements detailing all of your business expenses. | | | | increase your profit margin. |
| Business credit cards are accepted virtually | | | | Other cards give you airline travel rewards just for |
| everywhere that you shop. Covering business | | | | using your credit card. . For instance, if your company |
| purchases with employee's personal money can get | | | | has frequent business plane trips, then small business |
| very messy. So instead of relying on cash, use a | | | | credit cards that offer travel miles, hotel |
| business credit card. Most credit card issuers offer a | | | | accommodations or travel insurance are most suitable. |
| credit limit for employee cards as well as different | | | | This type of credit card could give you travel |
| methods to monitor how the card is used. | | | | discounts, free flights, free companion travel or |
| You no longer have to dread the year-end nightmare | | | | upgraded flight seating. |
| of trying to track where and when you spent your | | | | Not only does a small business credit card provide |
| money. It's like having all your book-keeping done | | | | convenience and rewards, it also helps to build |
| automatically for you! In a digital world, why should your | | | | business credit for the future of your company as you |
| business have to collect every last printed receipt? | | | | watch it grow! Research the business credit cards |
| Establish Your Small Business | | | | available and find the card that best suits your |
| A credit card with your business name on it gives your | | | | business needs. Finance your business for today and |
| business credibility. A business credit card looks a lot | | | | tomorrow. |
| more professional than paying from your own wallet. It | | | | Jeremy Biberdorf writes for - a directory of business |
| also gains the respect of financial institutions. Just by | | | | credit cards from top issuers such as American |
| owning a business credit card, your business can build | | | | Express, MasterCard, Visa, Advanta, Chase and |
| credit. So when you need that business loan, you will | | | | CitiBusiness. |