Tuesday, January 27, 2009

Should I get a company credit card?

If you have good credit and you manage your finances well, you really don’t need a company credit card. All you need to do is keep your business expense separate and write the business reason on the back of the receipt. You’ll want to keep a running total of your business expenses for your taxes.

If you have a spouse or other people in your family using the same credit card, it is probably a good idea to get a credit card with your company’s name on it and only put your business expenses on that card. Typically you will be guaranteeing the credit card personally but the credit card company will put your business name on the card.

Here are a couple of good options for you if you are ready to get a company credit card. Click Here to view some credit card provider links.

See a related article titled: Should I add employees to my company credit card?

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