Blog

Starting your own business is a huge personal feat. It’s not until months or maybe years later when you realize how wrapped up your business and personal finances have become. Not only is it important to have separate business and personal bank accounts, but it’s also important to have a line of credit devoted specifically to business expenses.  Most individuals assume they should open a business credit card, when in reality, a business line of credit is a better option for them. Establishing...

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Some business owners knew they wanted to pursue an entrepreneur career path from the get-go. They attended business school, have advanced degrees, and are very familiar with how business finance works. Other business owners are naturally savvy when it comes to finance. They have a great idea, product, or company, but are well-versed in the business world. Unfortunately, self-employment isn’t for the faint of heart and the learning curve isn’t very large. However, there are a few things...

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You might be starting out on a new business venture or it might just be time to adjust your banking expectations. Either way, if you haven’t done some research, choosing the right bank account for your business can be, well, risky business. It’s important to make sure your bank and your business account are optimized for your specific needs. Here are some things to keep in mind: Find a bank that offers the services that are important to you and your business. Perhaps low minimum balances...

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