A business checking account is the first step in managing your business finances. You may think that a personal checking or savings account is enough, but it takes more to manage your business. We understand that a business checking account is the foundation to allow you to grow your business beyond an idea. That is why we offer our Free Business Checking product to support entrepreneurs.
If you are a business owner or thinking about starting a new venture, then you’ve probably heard about the importance of creating a business plan. This vital document records the purpose of your operation, what you hope to achieve and how you plan to do it. However, a business plan also acts as an accountability tool for the organization, by creating a roadmap of goals and steps of action. Most importantly, this planning tool is critical to get funding or applying for financing.
So, what does a business plan entail? It can vary based on the industry and the size of your operation.
Below, we’ve provided a step-by-step guide to creating a business plan that can be used to direct your company’s future and help you secure future financing.
Sticking to your small business' budget is one of the keys to operating a successful company. Learn 5 quick tips to keep your business' budget on track.
You’ve got your business idea and you’re ready to go, but have you thought about how you’re going to get paid? Depending on your business, you may need to send invoices to get paid. If you don’t know where to start, you’re not alone. Read our blog on how to create and send invoices with ease.
Incorporating a point of sale (POS) solution into your business is a simple process and one that can quickly offer a return on your investment. In addition to simplifying payments, the right POS solution can track sales as well as provide insights to help you capture added efficiency from your business.
We get it. There is no-one-size-fits-all business, which is why your point of sale system shouldn’t be a one-size-fits-all solution. Selecting a point of sale system can be an important task and it can be overwhelming with so many options. But there are a few important things to consider when choosing a merchant services partner.
Even when you’re just getting started, the world of business can evolve so quickly. But don’t worry, because FNBO has your back. Our team of experts publish timely industry news and helpful business tips to keep you in the know and equip your business for success. Subscribe to our monthly Business Insights Newsletter to receive our trending and popular insights directly to your inbox once a month.Subscribe Now