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Friday, May 29, 2009

Small Business Credit Cards

Using a separate small business credit card for your home-based business will help you keep your accounting records organized, which is essential for tax purposes. Finding a credit card for your small business, however, can be challenging. Compare cards and look for low annual fees and benefits such as discounts on travel, business supplies or cash back.

Even if your business is new, you can still get a Visa or Mastercard. Companies will generally look at your personal credit score, so make sure you've got a good score before you apply for a business credit card. Even if you start out with a low credit line, you can increase your credit limit substantially over time.

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