Bookmark this page!
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.