+Accelerate reward earnings with a MasterCard reward card for each employee Some companies reimburse their employees for expenses they incur while on the job. However, another option is to give your employees Master Card reward cards to use for business expenses only. This will not only give you the opportunity to limit and keep track of expenses, but it will also help your business to earn rewards much more quickly. Usable rewards balances can take a while to accumulate when only one person uses the card, so if employees make purchases on behalf of the company, it stands to reason that they should help you rack up rewards points.

I recommend:  Gaebler Ventures provides recommendations for making sure your employees use their business credit cards properly. The Bank of America WorldPoints Rewards for Business MasterCard offers business owners better control over expenses.

+Use MasterCard rewards cards to purchase supplies and equipment In a similar way that a business rewards MasterCard will help you to track employees' expenses, you can also use it to purchase business supplies and equipment. This will make it easier to write off such purchases when it comes tax time, as you can refer to your credit card statements to make sure that you remembered everything. Request a year-end transaction statement from the credit card company rather than depending on a stack of receipts. It can also help you to stick with a budget for these products.

I recommend:  Apply for the GM Business Card (www.perfectcardcompany.co.uk)  to earn rewards from vehicle purchases, gas purchases and office supply purchases. The IRS provides information on business expenses that you should watch your credit card statements for and keep track of for later.

+ Pay for your business trips with your MasterCard rewards program When you travel for business, it is simply much easier to pay for your flight, lodging, meals and entertainment by using your MasterCard rewards card rather than trying to carry around cash or travelers checks. Pay for expenses on your trip with your card and pay off the total upon your return. Or, use the KeyBank KeyMiles Business Debit Card, in association with MasterCard, to use funds directly from your business checking account and earn travel rewards with your purchases. It just gives you one less thing to worry about while traveling. It also, as mentioned before, helps you to keep track of expenses for tax purposes.

I recommend:  KeyBank provides a list of features for the KeyMiles Business Debit Card, including earning one mile for every two dollars in purchases and one mile for every dollar spent on Continental Airlines tickets. Visit suite101 for business travel tips, which may include booking your travel arrangements in advance with your GE credit card.