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Cashback Credit Cards for Business Owners

Business owners can choose from a variety of credit cards, including low interest credit cards, rewards credit cards, cash back credit cards, and more. Many cash back credit cards are featured with discounts at locations of Shell, Alamo, and other merchants. Cash back can be redeemed for gas, travel expenses, business entertainment, merchandise, and much more.

If you are looking for Canadian cash back credit cards, you will find plenty of lucrative offers, featured by the big banks and second-tier banking establishments. The American Express Business Card allows cardholders to earn up to $1,250 in cash rebates, depending on the months they are carrying a balance and their spending habits. The card is offered with an annual interest rate of 19.99 percent, and flexible terms to pay outstanding balances over time. In should be noted that rates may increase up to 25.99 percent, depending on one’s payment record. There is no annual fee, and additional cards can be requested for one’s employees free-of-charge. The card is offered with disability plan for small business insurance. In addition, cardholders are entitled to emergency card replacement and travel accident insurance. Online reporting and expense management tools are another beneficial feature. Finally, cardholders enjoy front of the line entertainment. The card can be used for a variety of business purchases such as entertainment, office supplies, business travel, and more. Clients earn up to 2 percent cashback. In terms of payment options, there are different ways you can do this. You can pay your account at an automated teller machine, at your local bank branch, or through Internet banking. You can also pay it by telephone or by mail.

It should be noted that this card is offered by various financial institutions in Canada, and fees may apply. In addition, clients must qualify annually in order to receive rebates. Rebates are calculated on purchases charged to the card only. Certain restrictions and conditions may apply as well.

Another credit card suitable for business owners is the BMO CashBack MasterCard for Business. The card goes with no annual fee and allows clients to earn cash back and get rebates to their accounts. Cardholders earn 0.5 percent cash back on all purchases charged to the card, as well as 1.5 percent on purchases at locations of Alamo Rent A Car, Shell, and National Car Rental. The CashBack MasterCard for Business is featured with no annual fee and 19.5 percent interest rate or annual fee of $50 a year and low interest of 12.9 percent. One beneficial feature of this card is BMO Premium BizAssist, going with online business support 24/7. This service is offered for $149 a year. MasterCard Easy Savings is another service that allows automatic rebates offered at participating merchants. Supplemental employee cards are also offered, allowing business owners to delegate purchasing authority. Thanks to the liability waiver program offered with this card, one’s business is protected against employee abuse.

If you prefer reward credit cards, you can check the American Express Business Gold Rewards Card, American Express Business Platinum Card, and a variety of other cards.

Making Your Business Feel So Good

A couple of weeks ago, my husband and I went to see Chuck Mangione who was appearing at one of the local casinos. He put on a great show and ended his performance with one of his most popular tunes, “Feels So Good”.

I started thinking about what it meant to have one’s business ‘feel so good’. Many business owners I know are working hard and yet, not quite feeling as satisfied as they’d like.

I believe there are five keys to happiness and success as it pertains to creating the business of your dreams.

1. Doing work you love
2. Working with clients you love
3. Having clients who love you
4. Making the amount of money you love
5. Having an impact you love

That may sound easier said that done. I’ve elaborated on these tips on to make your business feel so good.

1. Doing work you love

Most business owners go into business because there is something they are gifted at or love doing. They then get consumed with running their business and it takes over their life. In the beginning, they wear many hats: service provider, sales person, bookkeeper, marketing strategist, administrative support. They wear themselves ragged. If things go well, eventually they think about hiring someone to help. But many people think they aren’t able to hire someone or fear that they’ll lose control or quality if they delegate and let go.

I’ve spoken about this before, but it bears repeating. Stick with what you love. Just this week, I made a list of things I found myself doing that drain my energy and brain power. Yes, I CAN do those things, but doing so wears me out. I’ll be searching for people to add to my team even if they only work a few hours each week. Each of us have a gift and it’s better for us and for our business when we stick with spending our time exercising those gifts. That will make us feel good!

2. Working with clients you love

In the beginning, we tend to work with ANYONE who is willing to pay us. But the most successful people have taken the time to articulate who their ideal client is. They know demographic information about their ideal client (gender, age, education, income, etc.). They also know psychographic information (personality, likes, hobbies, temperament, etc.).

When you work with clients you don’t like, they rob your energy and make you dread ‘going to work’. If you have clients that are draining you, fire them! Identify your favorite clients then resolve to fine more just like them.

3. Having clients who love you

When you work with clients you love, you’ll be at your best. You’ll understand them, serve them. Dote on them even. You’ll provide an extraordinary level of service and delight them with your efforts.

As a result, they will love working with you. The relationship will continue to blossom and grow. It will be easy to be happy around them. They will treat you well. They will tell their friends.

4. Making the amount of money you love

Clearly, having sufficient business revenue and profit levels to enable you to pay yourself consistent with the lifestyle you envision is the key. When you focus on doing work you love, you’ll excel at it and will become a client magnet. When you work with clients you love, they’ll love you back and recommend their friends to you. When those things combine, voila! Revenue goes up.

Make sure you’re investing money in products and services that will help you grow your business and run it more efficiently. If cash flow is an issue, barter for services with others who are willing to do the same. Get the help you need.

Ramp up your perception of yourself. Don’t undervalue what you provide your clients. If you have doubts about your value – get over it. Ask you clients what they love about working with you. Listen to what they say and incorporate their feedback in your marketing and sales efforts. Offer new products and services that highlight your gifts. Then look for clients who can afford to pay you what you’re now coming to realize that you’re worth.

5. Having an impact you love

Nothing does more for your confidence than delivering your gift to your target market (or anyone for that matter) and receiving feedback that it helped transform someone’s life. But first, you must know what your legacy is: what impact you want to leave on the world.

When you’re clear about that legacy, it will shape the conversations you have. It will guide your actions. It will lead you to populations that need your gift. You will be fulfilled.

When you accomplish these 5 things: doing work you love, working with clients you love and who love you back, making the kind of money and impact you love, your business will “Feel So Good” and so will you!