Author Archives: Phong Nguyen

There’s never been a more important time to be managing finances for your small business. In these uncertain times, companies need to make sure they’re losing as little money as possible. While many small business owners are distracted by the day-to-day responsibilities; this leads to some fatal but easily avoidable mistakes when it comes to … read more

Starting your own business can be time-consuming and stressful. It won’t be long before you start to adopt things to simplify the way you run your business. This might include an online booking system, automated emails, and even a business bank account. When it comes to money management, opening a bank account for your business … read more

The world is moving into the digital space, and so is banking. 57% of American adults have said they enjoy the convenience of online banking. The benefits of online banking are a big reason why it’s becoming more popular. It can give you many options that traditional banking can’t accommodate. With no open hours and instant processing, … read more

Are you wondering if you should open a business savings account for your company? Running a successful business means being financially responsible by adhering to a budget. To do so, you need a business bank account separate from your personal finances as well as a business savings account. In this article, we will share some … read more

Were you aware that a business savings account is one of the best things you can have to manage business cash flow? Many businesses struggle with cash flow management, especially smaller ones. This causes many problems that prevent a business from growing, so you must know how to manage your money. A business savings account … read more

Most Americans only have $1,000 to $5,000 in savings. With COVID-19 leaving more people out of a job, it’s important to have a plan. Are you ready for a rainy day? Here are 10 money saving strategies that can help you put money back into the bank. Whether you want to save for college or a house, … read more

In 2020, 81% of small US businesses reported financial hardship due to the COVID-19 pandemic. Chances are, your business may still be experiencing challenges. To alleviate this economic crisis, the U.S. administration has rolled out a new stimulus plan that provides financial relief to small businesses. This plan includes small business grants that can alleviate … read more

Considering your small business lending options? Taking out a small business loan can be an amazing way to advance an existing business. It can also be a great way to jumpstart a new venture grow something you’ve been working on into a full-time gig. The problem is, many entrepreneurs don’t know where to start. They … read more

The American banking sector had a net income of $236.8 billion in the year 2018. These figures are massive but not shocking, considering the industry supports one of the world’s largest economies. Over the years, small businesses in the USA have gained a lot from this vibrant banking sector through financing. If you run a small business … read more

The Covid-19 pandemic has had such a huge impact on small businesses in the US that 90% of them have lost revenue since it started. At this point, about 84% of small businesses are afraid they may have to close down. To prevent this, most of them are turning to small business finance loans to stay afloat … read more