Ari Page
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're not talking about spending a hundred grand of made up expenses in order to earn 2% cash back of $2,000.
But many businesses are spending $50,000, $100,000 on things that they have to do every single month.
Might as well use cards that are generating you a 1%, 2% cash back on that.
I would caution only against a few specific things like, for example, marijuana or like investing in Bitcoin.
Yeah.
Which, you know, and those are solid businesses.
It's just we wouldn't want to use this type of business credit cards for that.
But for real estate and for marketing and for any business use, for any type of brick and mortar, when they're buying inventory or for Amazon resellers,
I mean, the list just goes on and on.
I would say the only few businesses that we that we would recommend not using it for is if you're doing institutional investing or if you're doing something that's generally prohibited, like marijuana, for example.
Exactly.
In fact, business credit cards are really easy to use when you're buying inventory and things like that.
And payroll, that's where we would point our clients to these third party services that are specifically set up and designed to do exactly this.
You set up an account with them and then you add your credit card into the account.
And then you tell them what you're trying to pay.
You upload your invoice and then they make the payment for you.
So payroll is something that can easily be paid for directly off a credit card.
You could use a service like bill.com.
Or Melio Payments.
Or Zill Money.