MIND YOUR BUSINESS
4 Ways Business Credit
Cards Can Help Offset
Everyday Expenses
Article By Sam Rose, Founder & CEO of Mvnifest
additional costs for employee credit cards, which can help business owners of all sizes, from startups to established businesses.
2. Reinvest in your people
Employee happiness has a direct impact on the health of your business, and business credit cards can be an instrumental tool in building culture and keeping morale high. Sam Rose, Founder & CEO of Mvnifest, is experiencing fast growth and uses every penny from the cash back she earns on her Chase Ink Business Premier card to reinvest into her company's people. She knows that small gestures can go a long way in making employees feel valued. One easy way to reward employees' efforts is using business credit card rewards to purchase gift cards from various brands, including hotels, office supply stores and electronics.
3. Offset inflationary pressures and other economic challenges
(BPT) - Entrepreneurs rely on business credit cards for everyday expenses like office supplies, internet and marketing needs - but what many don't realize is how to take advantage of the rewards and cash back you accrue. If used strategically, credit cards - both business and consumer - can be much more than a means to an end. Below are four tips on how business cards can help effectively offset operating costs and inflationary pressures, reinvest in your business and fuel business travel opportunities.
1. Offset costs of running your own business
It's no secret that running a business can be costly - from the monthly internet bills to the constant need for advertising - it seems like there's always something that needs to be paid. Owning a business credit card can help offset those costs, as they provide cash back on the categories that business owners are using most, like shipping, cable, phone services and more. Other perks may also include fraud protection, cell phone protection and no