Is it better to use a business credit card or a debit card for a new eCommerce business?
I recently started an online eCommerce business and I'm trying to separate my personal and business finances. I'm unsure whether using a business credit card is a better option than relying on a debit card for day-to-day expenses such as inventory purchases, software subscriptions, advertising, and shipping costs.
I'm interested in understanding:
The advantages and disadvantages of each.
How each option affects cash flow.
Whether using a business credit card helps build business credit.
Best practices for managing business expenses and avoiding unnecessary debt.
I'd appreciate advice from small business owners or finance professionals.
Category: Fashion and Beauty