The Right Banking Tools for Your Small Business
When you run your own business, having the right financial tools to support you are vital.
You’ve got a lot on your plate. Daily needs such as making deposits, paying vendors and employees, accepting customer payments, and putting aside funds to grow your business must be continuously attended. That’s a lot to keep straight, so you need a bank that can properly support you.
The Right Bank for Your Small Business
Does your bank understand your small business? It’s important they do. When your bank understands what your business does and how it works you get the level of service you deserve. Here are some questions to ask yourself when choosing the best bank for your small business:
- Is the institution FDIC or NCUA insured?
- Do they already have a reputation for working with small businesses?
- Can the institution serve and support your business’s needs now and into the future?
- Are there fees for the services your business needs?
- What kind of customer service experience do they provide?
Small Business Accounts and Services to Help You Grow
Helping to Support Your Employees
Your bank should also be there to help serve the people who keep your business running. After all, without them you can’t function. At Affinity Bank, we understand how important it is to keep your employees happy. So, we offer services to keep them supported as well.
Payroll accounts help keep your cash flow organized. By having separate accounts for payroll and operating costs, you ensure your employees will always get paid. Also, you can set up direct deposit from that payroll account into their personal bank accounts. Retirement accounts and Health Savings Accounts (HSAs) are also great benefits to your employees. It lets them know that you are in it for the long haul together. Your business is going to stick around, and you plan on keeping their support for years to come. That is the best kind of piece of mind for them and for you.