Archive for the ‘Credit’ Category

Earn Cash From your Small Business Expenses Using the Simply Cash Credit Card From American Express

Thursday, June 12th, 2008
small business management
muellerduran asked:


Are you a small business owner, looking for a great credit card? Do you want your credit card to give you the double benefit of providing vital business resources as well as the facility to earn cashback on their purchases? Look no further. Simply Cash from American Express will satisfy all your needs. A great credit card from the great American Express, Simply Cash from American express has host of other features including cashback and great business services. A look at them and you will be convinced that this credit card is for you. Discover it yourself from the points listed below:

Basic Features Highlights

* No annual fee.

* 0% introductory rate on purchases for the first twelve months.

* Low interest rates for balance transfers and purchases.

* 7.99% introductory rate on balance transfers for the life of the loan provided that the balance transfers are completed within the initial six months.

* Facility to carry a balance from month to month when it is necessary, else you can also pay your balance in full each month.

Reward Program Highlights

* The fabulous reward program of Simply Cash from American Express has the following features

* Minimum rebate of 1% on almost all purchases

* Maximum of 5% rebate on selected category of purchases

* Cashback with no limits

* Other rebates include a 5% rebate on purchases like automobile gasoline, equipment in office, wireless telephone services and other supplies.

Special OPEN (R) The small business network features

The OPEN(r) Small Business Network provides a good number of resources needed for small business to succeed and run efficiently. A brief overview of the services provided by OPEN(R) network are listed below:

* Open Savings: Saves you money on Delta, FedEx, Hertz, Hyatt hotels and resorts by using your business card.

* Online Account Management: Get a summary of your accounts, manage them, get expense management reports and track changes all online, securely.

* Small business community: Get help, ask questions, chat and interact with other small business owners

* Expert advice: Plenty of online tools, articles, insights and advice from experts in small business management. exchange information from other small business owners and experts.

In addition to the above benefits Simply Cash credit card gives you travel purchase protection, accident insurance, and special discounts from selected retail outlets. You can add as many Simply Cash credit card to your account without any fees, and can also give your employees the Simply Cash Business Cash. They can also use it to pay for qualified expenses, which in turn will earn you unlimited cashback. These features make Simply Cash an outstanding credit card for small business owners.



Janet

Small Business Credit Cards Offer Businesses Crucial Edge

Sunday, May 25th, 2008
small business management
Robert Alan asked:


So, you say you’ve got a small business and you’re looking for a credit instrument that could tailor itself to your business requirements? Well, your search ends here. Small business credit cards fit right in, helping you separate business and personal expenses.

A study by the Tower Group reports that two out of three small businesses use a small business credit

card for purchasing and financing. So why are small business credit cards so prevalent? Small business credit cards offer small businesses a crucial edge allowing small business owners to expand or limit the growth of their business, as needed, providing the flexibility necessary to match their company’s growth needs.

Small Business Credit Card Edge

Help with Your Cash Flow: The best use of borrowed finances is to assist with month to month cash flow. Small business credit cards help you get the much needed credit to help your business grow while providing a margin of safety for your cash flow needs.

Maintaining Independent Accounts: Mixing your personal and business transaction accounts could lead to poor money management and potential tax problems. With a small business credit card, you’ll be able to maintain separate accounts on your personal card.

Help Balancing Your Books: This one is thrown in for free. With your card company maintaining an ongoing transaction record, you will have a convenient record of all transaction items that can be reconciled at tax time. Simply have the credit card company provide you an itemized list of all purchases made using their credit card and you’ll have some built-in transparency on all of your spending activities and financial accounts.

Build Your Credit Limit: Small businesses looking to expand need capital. You card provides your business with an opportunity to build your credit limit with consistent use and repayment over time. Access to more capital offers financial muscle to help grow the business, providing larger income opportunities for the small business owner.

Pre-Set Employee Spending Limits: For businesses wanting to keep a tight watch over their finances, these cards usually offer preset spending limits for employees, providing an excellent check and balance system for all your company expenditures.

Take Advantage of Special Offers: The competitive market has forced credit card companies to throw in special discounts and rewards programs. By examining the travel and entertainment requirements of your company, you will be able to grab offers that can help reduce your expenses through the use of reward point systems.

Tips for Selecting Small Business Credit Cards

If your existing business partners provide a small business credit card, it is probably a good idea to stick to them as you are more likely to get favorable rates and credit lines with an established credit line. Late payment and other such penalties will have to be borne by the company and not the employee. Therefore, give cards only to employees you absolutely trust and only provide credit limits that are in line with their expenditure requirements. Make sure the card you choose is widely accepted so that it helps meet everyone’s expense item needs.

Small business credit cards are quickly establishing themselves as an efficient way to increase capital and buying power for small businesses. While this calls for responsibility in its management, a small business credit card could go a long way in changing the face of your business for the better.



Geraldine