Final answer:
Credit cards can be used as a form of financial leverage in a business, but it is crucial to weigh the costs and benefits before making that decision.
Step-by-step explanation:
Financial leverage is the use of borrowing or debt to potentially increase the return on an investment. While credit cards can be a form of financial leverage, it is important to carefully consider the costs and benefits before using them in a business. Credit cards typically have high interest rates, which can lead to significant costs if not managed properly. On the other hand, using credit cards responsibly and paying off the balance in full each month can provide short-term financing and help build a credit history.