‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ I think if you talk to any company, the business-related or governmental-related purchasing cards or credit cards are an easy opportunity for fraud, because you’re typically dealing with smaller items also. You’re not going to go out and buy a million-dollar piece of equipment on a credit card.

Most importantly, strictly enforce your company credit card policies. Don’t be afraid to remind an employee that having a company credit card is not a right, but a privilege you will revoke at the slightest hint of fiscal impropriety.

I would think with a corporate card or an employee card, I’d want to say, ‘This is only to be used for business purposes, such as purchasing supplies. It’s never to be used for any personal use, and if it is, you’re fired,'” says Hammer. “Once somebody starts getting fired for that, it’s not going to happen again in that small company, because the remaining employees will see that’s the penalty for doing something unethical.