CHRIS GRIFFITHS
Relying on credit-card debt to run your business is all kinds of bad. Carrying a balance on these cards comes at a huge expense and just drags you further away from your ultimate profitability.
However, if you use cards intelligently, they can be a way to finance your business, extending your cash flow and paying you a dividend at the same time.
First, you must agree that the strategies rest on a very important golden rule with all credit cards: Never carry a balance subject to interest. The balance has to be paid every month.
If you aren’t prepared to commit to that, stop reading now. ... Read more