Plastic money can buy you peace!

Managing expenses is one of the crucial steps in controlling a business, especially for small business owners. To have a system in place in order to keep a check on expenses is extremely beneficial. A great way of doing this is with a credit card.

Credit cards, especially if you use the one designed specifically for your business can give you a great advantage.

The advantages in having a credit card designed for your business:

They allow you not only to purchase items and pay for them later, but also allow you to keep track of your expenses. “Business credit card is different from the retail credit card in several aspects. By consolidating all the business expenses on this card one can control the overall expenses incurred,” said an executive from Citibank.

Some cards are designed to provide business owners with extra services such as discounts on various items of purchase. Talking about the benefits that a card holder gets on a business card, an executive from the ICICI bank said, “A business cardholder gets discounts on office supplies, stationery, furniture, machines, travel tickets, hotel bookings etc.”

It will help you keep a track on how much your employees spend and on what do they spend. You can still use your statements and receipts to determine where your money is going.

Another great thing about many business credit cards is that they allow you to give employees, administration, and management their own credit cards under the same account. This will lessen the chaos about money in your own mind. You can focus on your work rather than thinking about where the money is going. At the same time it will also empower your employees to take their own decision but not misuse their power.

Related opportunities

Ice Creams & Yogurt Parlors

Mr Scoops

Rupa Ice creams, the parent company of Mr Scoops, was..

Locations looking for expansion Delhi

Establishment year 1997

Franchising Launch Date 2023

View Detail

Investment size Rs. 10lakh - 20lakh

Space required 100

Franchise Outlets -NA-

Franchise Type Unit

Headquater Delhi Delhi
Pathological Labs

Max Lab, A Division of Max Healthcare Institute

About Us: Max Lab is a subsidiary of Max Healthcare, one..

Locations looking for expansion Haryana

Establishment year 2016

Franchising Launch Date 2016

View Detail

Investment size Rs. 50000 - 2lakh

Space required 150

Franchise Outlets -NA-

Franchise Type Unit

Headquater Gurgaon Haryana
Preschools

BibiNogs

BibiNogs is a specialist bilingual and English language Preschool. We..

Locations looking for expansion Bihar

Establishment year 2023

Franchising Launch Date 2024

View Detail

Investment size Rs. 10lakh - 20lakh

Space required 2000

Franchise Outlets -NA-

Franchise Type Unit

Headquater Patna sadar Bihar
Quick Service Restaurants

Daily Coffee

Dailycoffee is a semi fast-food coffee house. We serve more..

Locations looking for expansion malaysia

Establishment year 2021

Franchising Launch Date 2022

View Detail

Investment size Rs. 2 Cr. - 5 Cr

Space required 1200

Franchise Outlets -NA-

Franchise Type Unit

Headquater malaysia malaysia