Creating a cash reserve for your business

Starting your own business could very well be a lifelong dream come true. As a business owner, you have the freedom to do what you wish, when you wish. You are your own boss! But unfortunately, running your own business is no walk in the park. More than half of all new businesses started this year will be out of business by the same time next year. There is a lot of pressure when you are responsible for everything that happens at every level of your business. Naturally, finances are going to be a concern. Getting a strong financial start is essential to long-term business success. You must have a plan for where your money will come from, how you will save money, and where you will spend money.

Using Air Mile Reward Programs to Reduce Travel Costs

Chances are, if you've ever flown in an airplane, stayed in a hotel, or rented a car, you've heard about air mile reward programs. Businesses and people who frequently travel can greatly reduce their travel costs simply by participating in air mile reward programs and then redeeming their points.

How do Air Mile Reward Programs Work?
Also called frequent flyer programs, these programs typically allow specific airline customers enrolled in the program to collect points, or "miles," for each flight. Generally, the longer the flight, the more miles are accrued. These miles add up, and once a certain number of miles are obtained, travelers can redeem their points for a number of things, such as free airplane tickets or access to travel lounges.
While it used to be you could only redeem your miles with a certain airline, many airlines have joined forces, allowing their customers to use their frequent flyer miles on a number of different airlines.