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A Boss's Guide to Stopping Company Credit Card Abuse

Monday, March 09,2009 08:23 PM

A friend of mine who owns a small business (with around 15 employees) recently realized that his business credit card company had pretty much ignored his recent request to add an employee card to his account. He was surprised not only because he's been careful with his account and is in good standing but also because this same company had been actively encouraging him to add employee cards until - you guessed it - late last fall. Anyone else noticing this selective listening from their business credit card issuer? Anyway, for those of you lucky enough to have access to business credit these days, you might be starting to keep a closer eye on expenses - and on your employees who have a company card. Motley Fool had a great article today on how to keep a lid on abuse with some great preemptive tips. Read the full article at http://news.yahoo.com/s/fool/20090309/bs_fool_fool/rx15356