Business Banking Blog Posts | Page 3

Capital One and Wells Fargo offer similar business banking services, including FDIC insurance on checking and savings accounts, as well as physical locations for doing business. However, only one offers true nationwide reach, and if you’re looking for merchant services or unlimited transactions, you’ll see clear differences.

A high-yield savings account is a good idea for businesses that want to put their money to work for them. High-yield means you can expect a higher-than-average interest rate from the savings account. And that means your money will be working as hard as you do.

There is a wide array of banks and financial services companies eager to take you on as a customer. But how can you tell which offers are legitimate, let alone find the best bank for small businesses? We’ll walk you through the fees you can expect to pay, what kind of customer support you can expect, and more, so you can compare the best business bank accounts available and choose the one that will work best for you.

It’s time to open a business bank account. Are you ready? What do you need to make that happen, and what’s the best way to apply for business banking services? Does your small business even qualify for business banking? Relax. We’ve got you covered! This post will let you know if it’s time to start using a business bank account for your small business or side venture.

If you’re still wondering if you need a business bank account, the answer lies in understanding the differences between personal and business banking. A business account simply is better suited than a personal account for running a business. Find out more about why you need to ditch your personal account and sign up for a business checking account to run your small business.

Opening a business bank account can save you time and reduce your personal legal liability as a small business owner. These step-by-step guidelines will show you how to open a business bank account.

Switching to a business bank account can help you build a professional reputation and establish credibility, limit your personal liability if your business plans don’t work out the way you want them to, and make it easier to manage your business finances and file your taxes. Let’s dig in further to see what other benefits there are to having a business account, and whether there are any drawbacks.

It’s pretty common for entrepreneurs to use a personal bank account to manage a new business. But as you grow, is it still a good idea to use that personal account? And how do you know when it’s better to open up a business checking account? Read on for a detailed explanation of when it’s okay to use a personal bank account and why you should eventually upgrade to a business checking account.