Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:
Small-business owners face an onslaught of choices as companies blitz them with new credit card offers.
American Express just launched a cash-back card aimed at small companies. Visa this month is rolling out a card targeting small firms with big appetites, those spending $25,000 or more a year. Discover entered the market for the first time this past summer.
Business owners should move cautiously, just as they would when shopping for a personal credit card. Rock-bottom interest rates can jump after the introductory period ends. They often soar, too, if owners make a late payment. Cash-back rewards may sound like great money savers, but not if you carry a balance subject to high interest.
Marketers smell opportunity in the 90% or more of small-business spending not on credit cards — up to $4.8 trillion a year, says Visa.
Photo by richardmason.