Spend More, Earn More With Chase Business Credit Cards

We all want to get the most out of life. Your business should be no different. If you are looking to consolidate your business expenses and reap those well-deserved rewards, Chase business credit cards just might be the thing for you.

Regularly charging your business expenses to your personal credit card can limit your personal purchasing power. Chase business credit cards allows you to tap into a new source of spending power, dedicated solely to those essential business expenses. What’s more, only Chase business credit cards allow you to earn cash by frequently spending.

Chase Platinum Business Card

The most popular among the Chase business credit cards currently on offer is the Chase Platinum Business Card. This business card offers a 0% introductory rate for the first 12 months for both balance transfers and purchases. Additionally, like all Chase business credit cards, the Chase Platinum Business Card offers a reasonable rate of only 12.24% after the 12-month introductory period. And if this low rate is not inviting enough, the Chase Platinum Business Card also gives you the opportunity to earn a cash back reward of 3% on eligible purchases.

Among all Chase business credit cards, the Chase Platinum Business Card is very appealing to business owners and managers. Business owners and managers are given the opportunity to keep tabs on their company’s business expenses by having exclusive online access to tools for account management and reports. Extra cards for your employees and colleagues are also free.

Chase Business Cash Rewards Card

If you are looking for a great rewards program for your business, then the Chase Business Cash Rewards Card is perfect for you among all the Chase business credit cards. The Chase Business Cash Rewards Card allows businesses to earn cash back, letting you stretch those business dollars.

The Chase Business Cash Rewards cash back program works as a rebate program. Qualifying purchases can earn up to 5%, and there is no limit on the cash rewards you earn, as long as you are a cardholder. A tiered system is used to determine the percentage of your earnings. Simply put, purchases ranging from $1-$2,500 will earn one point for every dollar. Purchases exceeding $2,500 will earn 1.25 points for every dollar. An accumulated 5,000 points earned entitles the Chase Business Cash Rewards cardholder to a $50 gift certificate.

Like other Chase business credit cards, car rental and travel insurance, and purchase protection plans are added benefits of being a Chase Business Cash Rewards cardholder. There is a 0% introductory offer for the first year, and upon expiration of the introductory period, a low interest rate of 14.24%. All you need to apply for a Chase Business Cash Rewards Card is excellent credit history.

Chase Business Card with Premiere Cash Rebate

If you are a business owner or manager looking to maximize a good rebate program for your business, then the Chase Business Card with Premiere Cash Rebate is for you. Aside from an excellent rebate program, the Chase Business Card with Premiere Cash Rebate also helps you keep tabs on your company’s finances by giving you exclusive access to online reports and account management tools.

Like other Chase business credit cards, the Chase Business Card with Premiere Cash Rebate has an introductory offer of 0% for the first year. There is also a very low annual fee after the first year. However, interest rate is slightly high at 14.24% after the introductory period, and it applies to both purchases and balance transfers. Also, like other Chase business credit cards, a good credit history is needed for a successful application.

Whichever you choose among the Chase business credit cards available, it is always good practice to pay off your full balance each and every month. Continually carrying a balance and compounded interest may only negate the benefits you have earned from the rewards program you chose.

Who Needs the Headaches of Owning a Dollar Store?

Owning a business is not as easy as most might assume. It isn’t a matter of simply opening the door for business and the customers start stampeding in with lots of cash in their hands. There is always an investment of time, money, sweat and often tears before a new business starts moving down the right path. Most of those who own a dollar store have their own stories of the challenges, troubles, and successes they have had with their business. In this article I present 5 reasons starting a dollar store might be the right business path for you.

* You are your own boss

Many have the goal to become their own boss. Owning a dollar store of their own is the vehicle which will get them to their goal. They seek the challenges of managing a business themselves. They relish the thought that success will be the result of not only their hard work, but also their good management.

* Financial rewards are there waiting

Starting this type of business requires an investment to set things in order for the actual opening of the store. There is money required for everything from lease payments to store fixtures and equipment. Don’t forget about the costs associated with buying the initial inventory and a quick replenishment order soon after opening. On the other side of the coin are the future financial rewards waiting for those who build sales and profits with effective marketing, cost cutting and store management.

* You provide the ‘value’ merchandise bargain hunters seek

In today’s marketplace there are more and more bargain hunters. These bargain hunters seek quality products as reasonable prices. Starting this type of business allows you to meet this need by providing those very products at low prices.

* You offer mainstay products to those who have limited funds

Owning a dollar store provides the opportunity to create a true win-win. On the one hand, sales of products create the ultimate business profits those who start this type of business seek. On the other hand, smart wholesale buying leads to great buys for those customers with limited funds to spend. These store owners can provide the most needed products at great prices for these shoppers.

* You set your own path for the future

Owning a dollar store allows you to set the goals for your business and yourself. It also allows you to establish the actions needed to achieve those goals.

Starting a dollar store isn’t for everyone. However for those who have dreamed of owning their own business, dollar stores offer many rewards. Follow good business basics as you prepare and start you business. Be sure to have adequate funding. Do not expect overnight riches – but know a well-managed store can achieve success.

How a CPA Can Help With Business Cash Management

If you are the owner of a business, you may be concerned about the management of your business assets. Needless to say, cash and funds are among the vital assets, which if not managed properly, can affect the financial stability of the business.

Business cash management is a set of many processes like receiving funds, controlling the cash, disbursing and investing, and so on.

A Certified Public Accountant (CPA) is the professional helping hand to help you with efficient business cash management. You can expect every account to be accurate and witness an increase in your business earnings by hiring the services of a CPA.

Learn from the following discussion about the role of a CPA in business cash management:

Analysis of Existing Financial Situation

A CPA begins his work by analyzing the current financial situation of the business. For this, he will use the financial statements and budget information to establish information about total debt to equity ratio, net profit on sales, inventory turnovers, current inventory and existing liabilities. This further enables him to assess the current cash management policies of your business and changes that are required to be introduced.

Cash Forecasting

Cash forecasting is an important procedure that every business should carry out. This involves the evaluation of daily, monthly, annual, as well as seasonal cash patterns and trends. Short term forecasts are as important as medium term and long term forecasts. A CPA helps you with precise cash forecasting by using the best software tools available in the industry.

Improvement in Budget

Preparing a good business budget is highly critical for cash management. You may have a budget plan in hand, but it might not be effective enough to take care of things like cash flow management, cash outflow control, cash investment, and so on. A CPA uses his industry experience to improve the budget of your company.

Cash Flow Anticipation and Enhancement

A CPA analyzes the cash flow sources for your business operations. He makes sure that your business never runs out of cash by assisting in cash flow enhancement. The CPA you hire will also help you maintain the balance between cash inflow and outflow so that you always have enough cash for emergency situations.

Cash flow enhancement includes improvement in billing and collection procedures and schedules. Preparation of right discount policies is also important to let the business maintain good relations with its customers without letting the cash flow ebb.

Control on Cash Disbursement

A CPA prepares different plans to ensure that the cash is disbursed in an efficient manner and no cash loss occurs in the process. This involves controlling the cash outflow by scheduling the business payments in the best possible manner. For example, a CPA helps you to schedule the time and amount for your debt payments so that your business budget is not affected by it. This also helps you maintain a good reputation for your business in the market.

The CPA also helps in evaluating the purchasing policies of the business. It is important that you have the most cost-effective purchasing policies for your business. It requires you to deal with the vendors that have the most favorable terms to offer supplies at the right prices to your business. All this can be done by implementing the expertise and suggestions of a CPA.

Making Right Cash Investments

An important aspect of cash management that is often ignored by the business houses is investing the cash which is currently not in use. You must choose the right investment vehicles to ensure that your cash grows and helps your business maintain a steady cash flow.

At the same time, you must be aware of the tax consequences of business cash investments. A CPA helps the business by suggesting the most suitable investment plans that lets your business dollars expand. The CPA also helps manage tax consequences so that your business has to face minimum tax liabilities.

Financial Reporting

Preparation of regular financial reports and an annual financial report at the end of every financial year helps a business learn about its profits and losses on a short-term and long-term basis. A CPA hired to take care of cash management shoulders the responsibility of preparing precise financial reports. You can expect your business cash handling to become efficient with the help of accurate financial reporting.

As you can see, a CPA offers great help to a business owner to help the latter manage business cash. An effective cash management system can be established and integrated with the business machinery so that the most important business asset offers best advantages to your company. For all this to happen, make sure that you hire a reputed and expert CPA. Consider the recommendations of other business owners to explore your options.