what are the methods to maximize the use of credit card/s as financial leverage in your business?

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Q: What are the main commercial services offered by banks? can you answer in your own words

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Q: What methods can be used by small businesses to speed the collection ofmoney that is owed to them?

A: There are a number of methods that can be used by small businesses to speed the collection of money.

Q: Why is it necessary for entrepreneurs to learn about financial management principles?

A: This question explains about financial management principles

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Q: what makes credit important to the business?

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Q: A profit-seeking commercial company that deals with money and credit?

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Q: Why is Financial Status very essential for Businesses?

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A: The credit scoring is calculated by checking the payment history of an individual, credit mix,…

Q: What is finance, and why is it important to understand finance to run a successful business?

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A: A third party that creates a setting for performing financial transactions between various parties…

Q: dows banking is a business industry?

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A: Being an individual, the types of service which we can avail from our banks are as follows:

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Q: what are some of the businesses that used credit card/s as their financial leverage?

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Credit card

A credit card is provided by financial institutions or banks, which permits a person to borrow money on a preapproved limit for purchases on a credit basis. The credit limit is decided by the institution and bank which issues a credit card depending on the person’s credit score and income. A cardholder can use the card for credit purchases, a balance transfer, cash advances.