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Business Credit Cards
Most people these days have a
credit card or even a wallet full of them and they're pretty well
essential not only for special purchases but day-to-day expenses as
well. Carrying a business credit can have the great advantage of
allowing business staff to keep expenses incurred as a result of
their employment completely separate from their own personal
expenditure, and apart from that a number of business oriented
credit cards carry perks such as discounts from certain companies
such as airlines, restaurant chains etc which can make quite a
difference to the budget of a cost conscious enterprise.
Keeping a track just what is spent, and when, by employees is an
essential part of normal financial management in every business and
get another advantage of giving an employee a company credit card is
that these expenses can be managed and controlled tightly.
For many staff their business expenditure dwarfs their personal
expenditure by a considerable amount; this means that the credit
limit on the card can often be far higher than would normally be
expected down it would be for an individual, so having a separate
business card would be essential to avoid budgetary problems.