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Small Business
Bank those miles
October 27, 2000: 2:27 p.m. ET

Making careful use of your frequent-flier miles can help your business
By Jane Applegate
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NEW YORK (CNNfn) - Futurist David Snyder flies more than 150,000 miles a year, giving speeches and consulting for private and government clients.

To build up frequent flier miles, he flies first class and books his own tickets, although his clients reimburse him for travel expenses.

Every few years, he cashes in all those free miles to hold retreats for the Snyder Family Enterprise.

"We prefer United for its service and because it covers most national routes," says Sue Snyder, David's wife and managing director of the company.

"If he can't fly United, we charge the tickets on his American Express card and transfer the miles to other airlines."

So if you are always on the road and in the air, bank those miles and cash them in for a business-related retreat.

(Excerpted from 201 Great Ideas for Your Small Business, Copyright 1998 by Jane Applegate. Published by arrangement with Bloomberg Press. Excerpts appear on Fridays on CNNfn.com.) graphic

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