Business Credit Card Reviews

Business Credit Card Facts

Posted in Uncategorized by businesscreditcardsite on October 6, 2010

Despite the advantages of a business credit card, there are certain risks that must be avoided as well. In this post, let’s talk about the basic facts that owners of business credit cards or those who plan to get one must understand. First, let’s talk about the risks and then we will consider the advantages.

Business Credit Card and Personal Liability

Business credit cards enable business owners to separate personal and business finances. This prevents confusion especially as expenditures are bound to increase as the business grows. Despite being a separate account however, the business credit card owner is not exempted from liability. This means that the account holder is accountable to pay for the debts incurred using the business credit card.

read more: Business Credit Card Facts

Related Source: Business Credit Card Reviews


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