You should never get a business credit card if you can't manage debt, as they often have higher interest rates, fewer consumer protections (like extended warranties), and can complicate taxes or reconciliation, potentially leading to overspending, personal liability if misused, and difficulty building personal credit. Key risks include racking up expensive interest, blurring personal/business finances, and missing out on the robust benefits of personal cards, making them unsuitable for risky ...
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You should never get a business credit card if you can't manage debt, as they often have higher interest rates, fewer consumer protections (like extended warranties), and can complicate taxes or reconciliation, potentially leading to overspending, personal liability if misused, and difficulty building personal credit. Key risks include racking up expensive interest, blurring personal/business finances, and missing out on the robust benefits of personal cards, making them unsuitable for risky ...
To maintain core values during financial pressures, you must first clearly define what your values are and then align your financial strategy with them. Regularly communicate and reinforce these values through decision-making, and ensure that actions, such as avoiding overly aggressive investments or cutting corners unethically, are consistent with your stated principles. Leaders can also help by staying in a calm state to make thoughtful, values-based decisions rather than reactive one...
Small Business Podcast
You should never get a business credit card if you can't manage debt, as they often have higher interest rates, fewer consumer protections (like extended warranties), and can complicate taxes or reconciliation, potentially leading to overspending, personal liability if misused, and difficulty building personal credit. Key risks include racking up expensive interest, blurring personal/business finances, and missing out on the robust benefits of personal cards, making them unsuitable for risky ...
