Beat the Credit Blues With American Express Blue for Business
Plastic rules. 90% of all small business owners have realized this and make use of credit card convenience on a day-to-day basis. According to a survey of small business credit card holders, which was released by SurePayroll in April 2007, small business owners are far more circumspect than the average personal credit card consumer in managing their credit card accounts. However, there is more to managing credit cards than simply paying on time. Optimizing your business’ cash flow and minimizing your credit interest payments are also important considerations. We will use the American Express Blue for Business credit card as an example.
Optimize your Cash Flow with American Express Blue for Business
Optimizing cash flow entails buying as much time as possible between receiving goods or services and paying for these goods or services. To achieve this, you could typically negotiate with a supplier to pay them within 30 days of receiving their invoice, instead of 15. Then, when their payment falls due, you could pay the invoice with your American Express Blue for Business credit card. Your...
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