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Module 5: Banking Services

Key Takeaways

  • Build banking relationships early on. It pays off when you need services that are responsive to your business needs.
  • Choose a bank based on an assessment of its customer service, technology and services available for small businesses.
  • Take advantage of multiple ways to access your funds and ensure your transactions are secure.
  • Consider the features and risks associated with different types of accounts and business services.
  • Increase your business efficiency through banking services such as payroll, cash management, and merchant processing.
  • Reconcile accounts regularly to protect yourself from errors and fraud.

Modules

1. Financial Management
2. Recordkeeping
3. Cash Flow
4. Building Credit
5. Banking Services
- Pre-Test
- Banking Basics
- Choosing a Bank
- Bank Products
- Other Services
- Avoiding Scams & Fraud
- Key Takeaways
- Resources

6. Financing Options
7. Tax Planning
8. Risk Management

 

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