Category: Running a Business

What is a Neobank?

What is a Neobank?

If traditional banks and credit unions seem a bit stodgy and out of date for your banking needs, consider opening an account with the latest star of the fintech industry: neobanks. These digitally-savvy darlings of the tech world have much to offer...but they’re not banks as you have known them. Let’s look closer at how a neobank could be the solution to the financial services you seek for your business. What is the Meaning of Neobank? Neobanks (also referred to… Read More
Best Banks For Small Business Accounts in 2023

Best Banks For Small Business Accounts in 2023

Small business owners and founders of startups have a lot to consider when it comes to their business needs. On that long list? When and where to open a small business checking account or a small business savings account. You have many options. From traditional banks and credit unions to online, fee-free “neobanks,” there are many possibilities, and each comes with its own set of pros and cons. Importance of Having a Business Bank Account in 2023 If you have… Read More
Do You Need a Business Bank Account If You’re Self-Employed?

Do You Need a Business Bank Account If You’re Self-Employed?

If you’re self-employed, whether as an independent contractor, freelancer, consultant or another type of small business owner, chances are you have a lot of questions about how to best handle your finances. Among them: “Do I need a business bank account if I’m self-employed?”  The answer in many cases is “yes” and we’ll explain why here, as well as offer advice for choosing the best business bank account if you are self employed.  Do you need a business account if… Read More
5 Best Bank Accounts for Freelancers in 2022

5 Best Bank Accounts for Freelancers in 2022

Freelancers juggle invoicing, deadlines, client demands, cash flow and more. With that much on your plate, you want to simplify as much of your work as possible. And one way to do that is with a business bank account. The right bank account can help you manage your business finances more smoothly and efficiently, and provide valuable insights into the health of your freelance business.  Why freelancers need separate accounts There are several important reasons why freelancers need separate accounts:… Read More
The Complete Guide to Business Debit Cards

The Complete Guide to Business Debit Cards

In recent years the convenience of a payment card has made it easy for many business owners to access the capital in their business checking account seamlessly and easily without the need to cut a check. Here’s what you need to know about business debit cards. What is a business debit card?  A business debit card is a payment card that allows you to access funds from your business bank account to make purchases and withdraw cash. Business debit cards… Read More
The Best Banking Options for Small Businesses

The Best Banking Options for Small Businesses

When it comes to the types of banking options and services a business needs, small business owners have never had more choices. Whether you’re looking for a high-interest online savings account to build a nest egg for your company or a checking account you can easily deposit checks to and make purchases from, we’ve got you covered. Understanding Banking for Small Business Just like with the personal accounts you have at your bank, you also have different account options for… Read More