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Banking Tips for Small Business Entrepreneurs

05.08.2017

From an original article by the Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) has an extensive list of banking tips for helping small businesses get the most from their banking relationships and avoiding frauds and scams. These tips cover everything from properly setting up deposit accounts and collecting payments to borrowing money and avoiding losses.
Here are just a few of the tips:

  • Know if all of your deposits are protected by FDIC insurance.
  • Don’t assume that the same rules apply to business cards and personal cards.
  • Establish a good payment record for your business.

To take a closer look at these helpful tips and more, read the full article.

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