There are many reasons to have a small business credit card. You can use it to turn everyday business expenses into free travel. You can use it as a way to manage the expenses of your employees. It can be used as working capital to finance your business. Or, you could just use it to […]
We all know about the points, miles and cash back offered by rewards credit cards, but there is another type of credit card rewards program that few know about. Visa, MasterCard and American Express each offer their own cash back rewards, just for business card holders. And better yet, once you enroll (if necessary), there […]
There are close to 28 million small businesses in the United States, and approximately 543,000 small business start-ups each month. A discouraging statistic shows that 7 out of 10 new employer firms survive the first 2 years, and only 25% stay in business for 15 or more years. Starting a small business takes hard work, […]
Accounting for routine petty cash expenditures is one of the biggest and most constant hassles for many small business owners. They have to dispense money to employees to enable them to pay for everything from gasoline and lodging to office supplies and postage. Bookkeepers and supervisors are often forced to resort to haranguing employees for […]
If you are in business for yourself -as an individual working as a self-employed person- or are a business owner that also employs others, at some point or another you will likely come across the option of making your business incorporated. There are many different ways to structure a business. You can, for example, use […]
It’s an unfortunate statistic for entrepreneurs but more than 80% of new businesses fail within the first four weeks of their official “launch” date. Whether because they didn’t do their homework or simply didn’t have the demand they thought they would, wannabe small businesses close up shop, owning money to creditors and credit cards alike. […]
