Business Success for Your Dental Practice – Henry Schein Financial Services
Improving your cash flow and managing your business expenses are two extremely important aspects of running your practice. One way to succeed in both areas is by using a dedicated Business Credit Card for expenditures. If you are also looking to increase your current credit limit for more purchasing power, you’ll also find using a Business Credit Card very beneficial.
Take a look at 3 key benefits of using the right business credit card for dental small business owners.
Separating personal and business expenses
When it comes to balancing your books, tracking expenses from various credit cards, checks, and cash purchases can be very frustrating and time-consuming. Using a Business Credit Card for all of your dental practice’s purchases is the easiest way to keep personal and business expenses separate. When you create an online account for your Business Credit Card, you can also see more robust reporting than you would with a consumer credit card. This often includes a more detailed breakdown of expense categories such as meals, office supplies, travel, etc.
More rewards, benefits, and exclusive offers
Business Credit Cards can often feature a special benefit such as higher cash-back or rewards percentage than the average consumer credit cards, as well as offer additional benefits specific to certain industries or purchases.
For dentists, a dental business credit card could allow you to earn cash back on items your office is already purchasing, such as dental supplies, PPE, and more. Some cards may also come with limited-time promotions for new cardholders such as a statement credit or introductory APRs. When you’re looking to make a large purchase for your practice, you may want to consider the cash back you could earn in addition to possibly making zero-to-low interest rate payments over a period of time?
Many Business Credit Cards will also have additional exclusive offers to save on popular products and services, such as discounts on services including tax or business software, purchase protection, additional warranty periods, and more.
If you have questions or would like more information, please contact Henry Schein Financial Services.
Henry Schein Financial Services offers financial* solutions for dental practices, as well as offers the Henry Schein Business Credit Card. Click here to learn more about the Henry Schein Business Credit Card.
The information contained herein is intended to be informative in nature and is not intended to be a substitute for professional advice. The information was obtained from sources we believe to be reliable but is not guaranteed. Henry Schein does not undertake any obligation to update or revise any statements contained herein, or correct inaccuracies whether as a result of new information, future events, or otherwise. Dental professionals must make their own business decisions and may wish to seek professional advice before acting with regard to the subjects mentioned herein. Nothing contained herein should be treated as legal, business, accounting, international, insurance, tax, or other professional advice
* Rates and programs are subject to change without notice. All transactions are subject to the satisfaction of underwriting guidelines, credit approval by third-party lenders, and documentation requirements, and not all applicants will qualify. Certain other restrictions and additional terms and conditions may apply.
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