Credit and Business |
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Businesses often use credit for the same reasons that individual consumers do. Manufacurers borrow money to buy raw material, new machinery, factories, or trucks. Business also use credit to help sell their products.There are advantages and disadvantages of businesses using credit. Any business that accepts multipurpose or travel and entertainment credit cards must pay a percentage of each credit purchase to the credit card company or bank that issued the card. Businesses that are well ran, usually make money offering credit. | Quick Checks: How do businesses use credit? Name two disadvantages for businesses that allow customers to use credit cards. |
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Dayton High School, Dayton WA 99328, (509)-382-4775 |
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