|
|
|
Be successful in small business by following your P.A.D!
Not everyone is programmed to be a successful businessperson, many people make it but many more fail along the way.
A large part of your future success will depend on your P.A.D.
That’s your Passion, your Attitude and your...
Fire the CEO
If you are the boss and you think your job is to run the business, you are dead wrong. Your job, the most important job in any business, is to market the business.
Peter Drucker, way back in 1956, said, "Since the purpose of a business is to...
How To Set Up Your Small Office Home Office And Avoid Paying $2,000, $3,000, Or More
When starting out in business there are great temptations to buy
"the best of everything" and spend too much money in the
process. This is one of the potentially devastating mistakes
that new companies make and it can be a killer from the...
Personal Training: 6 Secrets of Award Winning Customer Service
Would you believe that your ability to provide quality customer service to your clients is at least as important as your ability to get them results from their training program? Did you even know that customer service was going to be part of your...
Technology & Your Business: A Beneficial Relationship
As a home-based business owner, you probably don't have a high-priced IT manager on staff to fill you in on which technologies could help boost your efficiency and success. You may also lack the confidence to incorporate new technology into your...
|
|
| |
|
|
|
|
|
|
The Travails Of The Pros And Cons Of A Small Business Credit Card
For small business credit card getting a sense out of a deal is,
in some instances, the most difficult thing to do. This is
because most people could not instantly figure out the benefits
they can derive from obtaining it.
Take for example the case of small business credit card. Some
people contend that business credit cards are crucial in the
growth of a business, while other s contend that it is just one
way of losing their investments.
But whatever the point there is, only one this is certain, it is
still a credit card and just like any financial decisions,
extensive consideration is a must.
So, for those who want to know whether getting a small business
credit card will be good for their company, here are some of the
pros and cons to be considered first.
PROS
1. It is efficient and provides management on the company's
financial charges.
With the small business credit card, most entrepreneurs can
manipulate their costs and payments through separate charges
consolidation. This means that the company will only have one
billing statement with details on the employees' expenses
instead of having various statements and invoices.
2. small business credit card provide their client's with the
opportunity to curb overspending in their employees.
Because the business owners are given the right to
"preset' the
credit limit of their employees, they are able to impede any
probable overspending of their employees instead. This, in turn,
poses great discipline among the people.
The statements that go to the manager or to the financial
administrator are in full details of all the financial
transactions incurred at a specific time. Hence, the company can
track down the kind of spending habits of their employees.
CONS
1. It is still a credit card.
This means that even if it is a company's property, employees
will still have the tendency to over spend or splurge into more
cashless shopping. This can be very risky especially to business
management who is primarily the one responsible for the accounts.
2. Any errors or faults can damage credit ratings.
If credit history is very important to common individuals, it
has a greater impact on businesses. So, if something goes wrong
with their business credit card, the effect is mostly imposed on
the business rather on the employee.
So, what's the bottom line here? As compared to other types of
credit, it is always best to monitor the spending habits. Credit
cards can really be feasible where it serve its purpose, but can
also do more harm than good if misused and taken for granted.
About the author:
Sohel Katir - http://www.credit-card-magazine.com
|
|
|
|
|
| United States Small Business Administration |
| An electronic gateway of procurement information for and about small businesses. Search engine for contracting officers, marketing tool for small firms, ... |
| www.sba.gov |
  |
| SBA |
| The Small Business Planner includes information and resources that will help you at any stage of the business lifecycle. ... |
| www.sba.gov |
  |
| Main Page - SmallBusiness.com - Small Business Resources |
| Find Small Business plans, advice, tutorials about organization, corporations, entrepreneurship, and smallbusiness. |
| www.smallbusiness.com |
  |
| Yahoo! Small Business: Domain Names, Web Hosting, E-commerce ... |
| Yahoo! Small Business provides products and services that enable you to establish and grow your business on the Internet. Services include domain name ... |
| smallbusiness.yahoo.com |
  |
| Small business advice business start up small business finance ... |
| business start up small business finance start up advice. |
| www.smallbusiness.co.uk |
  |
| Smallbusiness.gov.au redirect to business.gov.au |
| Business Entry Point - Helping small business in big ways. An Australian Government initiative. The content from this website has now been consolidated into ... |
| www.smallbusiness.gov.au |
  |
| Business & Small Business |
| Online and print small business publication. Information to help start, grow or manage a small business. |
| www.entrepreneur.com |
  |
| Microsoft Small Business Center |
| Your home for information about Microsoft's small-business products and services, tailored business advice, technology tools, and more. |
| www.microsoft.com |
  |
| The Small Business Advisor - advice for starting and operating a ... |
| Advice and assistance for starting and operating a small or home based business. |
| www.isquare.com |
  |
| SCORE "Counselors to America's Small Business" |
| A nonprofit association dedicated to encouraging the formation, growth, and success of small business nationwide through counseling and mentor programs. |
| www.score.org |
  |
| Small Business and Self-Employed One-Stop Resource |
| IR-2006-2, January 3, 2006 - Temporary and proposed regulations will significantly reduce tax filing burden for nearly 950000 small business owners. ... |
| www.irs.gov |
  |
| Welcome to Small Business BC your business resource in British ... |
| BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver. |
| www.smallbusinessbc.ca |
  |
| Small Business Service | Home |
| Provides information and advice to help small businesses realise their potential. |
| www.sbs.gov.uk |
  |
| NSW Small Business |
| A site developed by the NSW Department of State and Regional Development for small businesses. Topics include management, resources, current issues and ... |
| www.smallbiz.nsw.gov.au |
  |
| Business Management & Advice: Small Business Resources & Information |
| Looking for business management and advice? Our website includes small business resources and information that can help you. Visit the small business ... |
| www.businessweek.com |
  |
| Small Business Lawyer, Attorney, Law, Legal Help - FindLaw for ... |
| Information and legal sites relevant to small business. |
| smallbusiness.findlaw.com |
  |
| Small Business Funding Opportunities (SBIR and STTR) |
| Links to Small Business Funding Opportunities and SBIR / STTR Applications. |
| grants.nih.gov |
  |
| Microsoft bCentral Small Business Directory |
| Directory categorized by industry with company business card feature. |
| sbd.bcentral.com |
  |
| Our site has moved! Please update your bookmarks! |
| Facilitates the sharing and exchange of information among small business development centers, the small business administration and other business-oriented ... |
| sbdcnet.utsa.edu |
  |
| Small Business Development Corporation |
| Our business information services provides guidance to improve business skills and knowledge on advice on starting, buying, selling and expanding a small ... |
| www.sbdc.com.au |
  |
|