Category: Starting 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If traditional banks and credit unions seem a bit stodgy and out of date for your banking needs, consider opening an account with the latest star of the fintech industry: neobanks.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
The Best LLC Business Formation Services to Set Up an LLC

The Best LLC Business Formation Services to Set Up an LLC

When first starting a business, you have many decisions to make. One of those decisions is what sort of business structure you choose. This step of your business setup is critical because it will impact things like your personal liability for your business as well as how you file and pay your taxes. One business structure to consider is the limited liability company (LLC). There are many perks when you operate as an LLC or corporation, and the main ones… Read More
Should I Do Business as a Separate Business Entity?

Should I Do Business as a Separate Business Entity?

A separate business entity is a business that’s legally and financially separate from its owners. A separate business entity has a separate bank account, with separate transactions and payroll for employees. Think of it as you and your business are two completely separate individuals. Before you choose what type of business entity, let’s talk about what is required and whether or not it’s the right choice. Should You Make Your Business a Separate Entity? The short answer is, yes. Even… Read More
How to Scale Your SaaS Company in 2023

How to Scale Your SaaS Company in 2023

With so many software startups in the current landscape, it seems like only a special few find the right formula for scaling their early-stage successes. But there are ways to replicate the early wins and repeat them on a large, long-term scale. You’ll need a comprehensive plan for achieving sustainable growth if you want customers to stay engaged in your brand and continue buying your software service. In this post, we’ll go over seven ideas that will help you grow… Read More
How to Get a Business License in Your State

How to Get a Business License in Your State

When starting a business, one of the immediate tasks business owners need to take care of is getting any required business licenses. Those may include general business licenses, local business licenses and professional or occipital licenses. Failing to follow business licensing requirements can result in fines or even get your business shut down. Here’s what you need to know. What Is A State Business License? If you’re starting a business or nonprofit, you may be wondering what a state business… Read More