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How should I make an accounting entries for the expenses incurred out of corporate credit card by employees?

How should I make an accounting entries for the expenses incurred out of corporate credit card by employees , if those expenses are to be reimbured by the Company. Have the employees submit an expense report and use this to enter why the expense occurred and to check for actual valid expenses. This essential for [...]

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What are the requirements to get a corporate credit card? ?

I am starting a wedding videography business and would like to apply for a corporate credit card to help organize my finances. The company can run without a card, but is there a good reason to apple for a card? If so, what are the requirements? I suggest getting a corporate card with your bank. [...]

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Can my credit score keep me from qualifying for a corporate credit card at work?

My new employer wants to give me a corporate credit card for work-related expenses, and I’m worried that a bankruptcy that I filed two years ago might get me turned down for it. Is my credit history a factor here, or just my employers’? It is at the discretion of your company to provide you [...]

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What happens when you sign as the guarantor for corporate credit and the business goes under?

If you owned a business and you signed for corporate credit as the guarantor and can no longer pay the bills, what happens to your personal credit? How long does it take for it to reflect on your personal credit? And, if you make some type of payment every month, how does that affect the [...]

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Can anyone give me any information on building a corporate credit file?

I want to build some corporate credit but I am unsure how to go about doing it. There are several companies on the web who claim that they guide people through the process of getting corporate credit. I checked some of them out but I am afraid to get caught up in a scam. Does [...]

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GETTING CORPORATE CREDIT WITH BAD PERSONAL CREDIT

Every business requires considerable amounts of funding from time to time to meet its diverse business needs. Businesses go for loans to get funds in order to cater to these needs. Traditionally, business owners used to get credit against their personal assets or credit rating, which was a huge deal of insecurity for them in [...]

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TOP 5 REASONS TO ESTABLISH BUSINESS CREDIT

Too Many business owners are using their personal credit to finance the launch, expansion or growth of their business. A majority of business owners have no idea what business is or how to establish it. By following a few simple steps any business owner can establishing business credit, therefore, separating their personal credit from their [...]

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$200,000 in Corporate Credit in 90 days!

Have you ever heard the old saying “It takes money to make money”? Well I’m living proof that it’s not entirely true. In fact, the truth is this: “It takes OTHER PEOPLE’S money to make money.” Rich people in this world know that. Which is why they don’t use their own money to expand their [...]

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ABC’s of Building Corporate Credit, Part 1

The most important thing in building corporate credit is to be methodical and do each step in order. This is not a magical process but it will take time to build a strong profile. If you do this correctly you won’t need to use your personal credit or personal guarantee. Let’s go over the ABC’s. [...]

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Corporate Credit Building Scams

Guarantee of Obtaining Corporate Credit Warning! You have probably heard a lot of different companies making claims about how they can guarantee to get your business or corporation, credit. They may say things like, “with our credit building program, we guarantee that you will get up to $20,000 or $50,000″ and so on. The key [...]

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