Question & Answers

Should small businesses rely on credit cards to finance day-to-day operations?

Telecom Advisor
0 Votes
Jul 18, 2010 by Telecom Advisor
Category: Personal Finance

Dan Wright
0 Votes
Dan Wright
Aug 5, 2010  
If the business has a quick return and you can pay that money back quickly, otherwise keeping it longer than 2 months costs you.
Art Of Saving
0 Votes
Advisor: Art Of Saving, Personal Finance
Jul 19, 2010  
Gerri Detweiler, personal finance adviser for, said “Credit cards are among the most common funding mechanisms for small business. The biggest risk is their convenience. Businesses might overspend because they don’t need to justify the purchases, as they would if they sought a bank loan.”