Credit for home-based business
Should I try to establish a credit line for my home-based business?
There are so many advantages to having company credit, especially in the form of a company credit card. The primary advantage is to help you eliminate commingling of funds and improve your recordkeeping. Good recordkeeping is essential in any business, and a business credit card statement is a handy reference for tax purposes.
Shop around at your local banks and check with companies you already have personal credit cards with to see if they offer business cards. You may have to start out with a small credit line until your business has established some credit.
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