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Accept Business Credit Cards - Empower Your Business and Your Clients

Posted by nick_niesen on October 29th, 2010


Businesses today are increasingly making use of business credit cards to transact, both as vendors and as buyers. This trend in spite, there are still a number of vendors who do not accept business credit cards from their business clientele. The truth of the matter is that if such a vendor wishes to achieve higher trading volumes and increase its client base Cheap Air Max 270 , accepting business credit cards changes from being an optional, to a must.


Accounts receivable is not only a nasty trap, but also creates a vicious cycle. Vendors that do not accept business credit cards, often agree to extending credit to their clients in order to retain their custom. Although this may be a necessary business practice Cheap Air Max 90 , it does place unnecessary strain on the business聮 finances: Unnecessary, because by accepting business credit cards, you can retain your clients and mitigate your cash flow risk at the same time.


The benefits of accepting business credit cards are numerous and include:


Boost Your Sales: When your clients are in a position to purchase what they want immediately, most of them will. When they make that immediate purchase Cheap Air Max Shoes , your sales are boosted. A simple browse - either in your store or on your web site - may turn into a profitable visit if you enable your clients to make payments with their business credit cards.


Bolster Your Cash Flow: Many merchants who do not have sufficient cash flow with which to support growth, may be victims of high accounts receivables. One of the quickest ways to free your business from this trap is to start accepting business credit cards. Stop billing your clients and start billing their banks instead! When you accept business credit cards, the revenue from the sale will reach your bottom line much sooner than accounts receivables would.