The pros of business credit cards are the rewards, initial bonuses, the expense-tracking tools and the free cards for employees.
However, when it comes to the cons of business credit cards, I feel that a credit card is not useful to new business owners. I find that a business, when it is first starting, should be interested in accumulating profits, instead of accumulating debt. In addition, should the business fail, the business owner is still liable for the debt, even if the business is closed.
Realistically, it would behoove a business owner to research other options for funding, such as government grants, as well as business assistance. However, if an emergency does come about with the business, I would suggest a business loan from a bank as a much better route than a credit card.
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