Each wholesale club’s card excels for a different type of business. Costco’s program is best suited for companies with heavy travel and dining budgets, Sam’s Club is ideal for fuel-intensive operations, and BJ’s is the most rewarding for frequent in-store buyers with smaller-ticket purchases.
Choosing the right card isn’t just about which wholesale club is closest to your business—it’s about
Running a small business means keeping expenses in check while still stocking up on the necessary supplies to operate smoothly. For many owners, wholesale clubs like BJ’s Wholesale Club offer significant savings by allowing bulk purchases at discounted prices. To make those savings go further, BJ’s also provides its own line of business credit cards, which reward you for BJ’s
A tradeline is any credit account that appears on a credit report. In personal finance, this could be a credit card account, an auto loan, or a student loan. In the business world, business tradelines encompass vendor accounts, business credit cards, installment loans, and revolving accounts associated with your company.
So, how long does it take for tradelines to appear
Chime is a financial technology company that offers personal banking services through a user-friendly mobile platform. While it offers banking features similar to traditional banks, it is not a bank. Instead, it partners with FDIC-insured institutions: The Bancorp Bank and Stride Bank. This partnership ensures account holders receive the same level of deposit insurance as they would with a traditional
A business bank account is a financial account used to manage a company’s funds. Unlike a personal checking account, a business account separates personal and professional finances, essential for accurate recordkeeping, tax reporting, and liability protection.
ChexSystems is a consumer reporting agency governed by the Fair Credit Reporting Act. It collects data on closed bank accounts, unpaid overdraft fees,
Small business taxes can get complicated. As a small business owner, you must focus on your business, but you can’t let paying your taxes fall by the wayside.
The IRS taxes business according to their entity type, not their size. Understanding how your business gets taxed is the first step in ensuring you pay your taxes on time and in
Businesses that need urgent funding to solve a cash flow issue or to take advantage of a new opportunity have plenty of business loan options. There are many alternative lenders that offer easy applications and fast funding.
But if you need same-day funding, you’ll find fewer options. Waiting even three extra business days could open up more lending options at
The SBIR and STTR programs are substantial opportunities for qualifying businesses to leverage R&D and government funding to turn technical and energy ideas into viable commercial enterprises. The programs are highly competitive, but you should pursue them if you have a strong vision.
Invoice discounting is best for established companies that need to turn unpaid invoices into working capital. Younger small businesses might find approval for invoice discounting difficult.
Companies that qualify for invoice discounting typically get excellent rates. If your company doesn’t qualify, you can consider another cash flow finance option, such as invoice factoring.
Invoice factoring is best for small businesses that need an immediate influx of cash to cover daily expenses. The rates are higher than other forms of business financing, but the cost is worth it if it allows the company to grow while maintaining the business.
