Tag: cash management
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Small Businesses and Price Increases | Fighting the Increase in Costs
Posted On: May 12, 2022 by Falcon National Bank in: Manage your Business | Business Banking
Business owners are undoubtedly aware of increased prices. You don’t have to be paying attention to your supply chain to notice them when you can easily find them at the grocery store and the pump. But small businesses must navigate price increasing to continue turning a profit, so how can they do it? Luckily, there are a few aspects of your business that you can evaluate in the face of price increases. Evaluating Labor’s Effect on Raised Prices There is an immense rise in labor...
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The Benefits of Opening Separate Business Checking Accounts
Posted On: March 9, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Organizing cash flow, setting up bill payments, and accurately calculating cash on hand are critical functions for any business. A recent study reports that 27% of small businesses use the same bank account for business and personal finances (check out the infographic here). For business owners and self-employed workers, it might be beneficial to not only separate these accounts but to have more than one business checking account. The Benefits of Business Checking Accounts Credibility A...
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How Digital Banking can Save your Small Business Oodles of Time
Posted On: July 30, 2019 by Falcon National Bank in: Bank on your Terms | Online and Digital Banking
There are plenty of aspects of running a small business that are begging for your time and attention. When that’s the case, it’s important to do things as efficiently as possible—things that will make your life easier and make those things that are vying for your time a little more manageable. Besides convenience, there are plenty of benefits to online and digital banking. Here’s how online banking and digital banking services with Falcon National Bank can give you back precious...
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How to Pick a Business Checking Account
Posted On: March 7, 2019 by Falcon National Bank in: Manage your Business | Business Banking
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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