BUSINESS INSTINCT

If we planning to start up our own small business, but do not have enough cash in hand, a business credit card may come in handy to use as working capital or to purchase equipments to begin operations. Businesses today can greatly benefit with the emergence of business credit cards. Aside from the features of a personal credit card, business credit cards enable an entrepreneur to separate his personal spending from his business expenditures. Business credit cards allow for easier financial monitoring by providing quarterly and annual reports of your business account. Having your own business credit card give you the opportunity to establish a good credit history, which can remarkably benefit you in expanding your business. But we must wise to choose a business credit card, first Check for the annual fee, penalty fees, and make that the APR remains low once the introductory offer expires, remember to look for a business credit card that doesn’t allot expiration on your accumulated reward points, a grace period, Make sure they have options that are compatible to the financial software program that you use for easier download of your financial statements.