Plastic rules. 90 percent of small business owners know this and use credit cards every day. In April 2007, SurePayroll released the results of a survey of small business credit card holders. The survey found that small business owners are much more careful with their credit card accounts than the average consumer. But there's more to credit card management than making sure you pay on time. Cash flow and credit interest payments are also important things to think about for your business. We'll show how this works with the American Express Blue for Business credit card.
American Express Blue for Business can help you improve your cash flow.
- Then, when they owe you money, you could use your American Express Blue for Business credit card to pay the bill. From the date of purchase, your American Express Blue for Business credit card gives you a grace period of 25 days where you don't have to pay interest. If you pay off the balance on your American Express Blue for Business credit card on the last interest-free grace day, the goods or services you bought will have been available to you for 55 days. This should help your cash flow in a good way.
With American Express Blue for Business, you can cut down on your credit interest.
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A business credit card is an important way to manage money. If it is managed well and the benefits it offers are used well, it could become a reliable source of working capital for your business that doesn't cost much.
