As a small business owner, you’ll never stop asking (and answering) questions about your finances. After all, this is a big part of keeping your company on solid ground.
In the past, you may have avoided a small business credit card for one reason or another. And while this isn’t the right tool for every organization, it’s one that you should consider moving forward.
Here are three of the top ways to use a small business credit card in 2017:
- Travel
Do you fly often? Do you rent a vehicle on a regular basis? Are you always booking hotel rooms for you and your staff?
If travel is a big part of your business, it’s important to have a credit card in hand that works in your favor. For example, use one that allows you to collect points for every dollar you spend. Even better, make sure you can use these points for airline tickets, rental cars, and hotel stays in the future.
- Client Entertainment
Let’s face it: entertaining clients is a big deal for many companies. If you don’t have a small business credit card in your pocket, this can be more difficult than you would like.
Generally speaking, it doesn’t matter what type of card you have as long as it’s enough to show your clients a good time. However, as noted above, you may want to find one that allows you to earn points for every dollar spent.
- Monthly Expenses
How do you pay for office supplies? What about gas in your company vehicle? How about gifts for clients?
It can be a challenge to keep up with these monthly expenses if you don’t have a small business credit card. Once you begin to rely on this payment method, you’ll find yourself saving time and cutting back on the hassle of using a debit card (or cash).
What do you think about these reasons for using a small business credit card in 2017? Do these get you excited about what the following months will bring?
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