Category: Running a Business

How the Employee Retention Credit Works

The Employee Retention Credit (ERC) is a tax credit from the Internal Revenue Service (IRS) that business owners who pay employees may be eligible for. The ERC was originally a government order under the U.S. Congress’s CARES Act, which was the Coronavirus aid package. Not all businesses are eligible for the ERC — you’ll need to prove you went through a significant decline or suspension of operations.  This article explores how the ERC credit works, how a small employer can… Read More

The Best Business Checking Accounts for Trucking Companies

Running a trucking company is a unique business with its own specific needs and challenges. One of those challenges is finding the best checking account to manage finances and support business growth. When looking for the right banking partner, it’s a good idea for trucking companies to prioritize features that will help manage cash flow, simplify payroll and invoicing, and provide access to financing and credit.  In this article, we'll explore the top options for business checking accounts for trucking… Read More

The Best Business Checking Accounts for Restaurant Owners

As a restaurant owner, keeping track of your finances can be a challenge. Fortunately, having a business checking account makes it easier to manage your money. Not only does it help to separate your personal and business finances, but it also simplifies your tax preparation process. To help you make an informed decision about which business checking account to choose, Nav’s experts compiled a list of the best business checking accounts for restaurant owners.  Understanding the Importance of a Business… Read More

How to Choose the Best Business Checking Accounts for Your Dental Practice

As a dental practitioner, choosing the right business checking account is a crucial task. Not only does it help you keep your finances organized, but it also helps you manage your cash flow and simplify tax preparation. However, selecting the best account from a plethora of options can be daunting.  In this article, we'll dive into the important factors to consider when looking for a dental practice checking account and compare different types of business banking options available for your… Read More

Choosing the Right Business Checking Account for Your Construction Company

As a small business owner running a construction company, it’s essential to keep your business finances organized and separate from your personal accounts. A business checking account helps streamline financial management, facilitate payroll and invoicing, and maintain compliance. However, choosing the right account can be daunting.  In this article, we’ll explore the key features to look for in a business checking account for construction companies and compare different options. Understanding the Importance of a Business Checking Account for Construction Companies… Read More

Finding the Best Business Checking Accounts for Realtors

As a realtor, having a reliable business checking account is essential to managing your finances effectively. Whether you’re a seasoned real estate agent or just starting in the industry, choosing the right business checking account can help you streamline your financial management and grow your business.  In this article, we'll explore the factors that realtors should consider when selecting a business checking account and compare the top options available. Understanding the Unique Banking Needs of Realtors Realtors have unique banking… Read More