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