Talking Cents

Reasons your business needs a credit card, by our small business accountant in Sydney

As a small business, you encounter a lot of bills and expenses that you might not be able to afford immediately. Our small business accountant in Sydney will tell you why your business needs a credit card.

Well first of all, a business credit card gives you the ability to monitor all of the cash flow in your business through one statement. You can also track the spending of employees instead of giving them personal cards. So our business accountant will explain why your business should have a credit card:

• It will improve your cash flow;
• Allows for financial protection; especially in the early stages of business when you are tight for money
• There are a multitude of protection offers from a credit card; Fraud protection; Insurance; Extends business warranties; Allows for price protection
• Easier loan qualifications
• Separates your finances

As you can see there are quite a few ways in which a credit card can help your business and if you have any trouble our business accountant in Sydney is here to help you.

As always, feel free to get in contact with our small business accountants in Sydney if you have any enquiries.