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Modern custom packing tape has come a long way. Are you wondering if you should use custom packing tape for your business? Read on to know more.
Packing tape can be very functional for your business despite being just an ordinary roll of stationery. Packing tape has a crucial role in protecting your cargo when it is in transit as it keeps your products protected from contamination or from being damaged during loading and unloading.
Packing tape can also be a worthwhile branding measure, helping you to cut down on losses. Should you use custom packing tape for your business? We have discussed this extensively in this article. Here are a few reasons why you should consider custom packing tape.1. Makes Your Packages More Secure
Your packages can be given a certain level of protection using custom packing tape. This is even more so if the packages are being directly shipped to the customer.
You can easily tell if the package has been tampered with in any way by using custom printed packing tape. The customization of the printed packing tape makes it more difficult to copy and also challenging to make it look undisturbed. This makes the items packed with custom printed tape more secure.2. Branding of Your Product
For this to work, you need to pick imagery that will be easily associated with your business, so design your catchphrases, company name, and logo carefully.
3. It Helps with Customer Satisfaction
It is challenging to achieve 100 percent customer satisfaction, but getting as close to that mark as possible should be the goal for every company. Using custom packaging ensures that you are leaving little room for disappointment when customer satisfaction is concerned.
Having poor packaging hurts your brand, and many customers won’t return when the packaging is poor, even if they really loved the product.
You need to allow your customers to connect to your brand by choosing vibrant colors and an attractive packaging tape design. If you add a personalized message or the tagline of your brand to the packaging tape, it will convey the message to your customers that you care about consumer engagement and are putting in the effort to keep in touch with them.
These small steps can have a big impact when it comes to how consumers shop and ultimately help you to scale your business through customer retention.4. Makes It More Easy to Recognize Your Package
Any company might be receiving multiple shipments from different suppliers every day. Having to handle so many packages each day makes it challenging to identify them.
The whole process will be very rushed when employees are not paying attention to the labels. One easy way to help them recognize your packaging is by having customized packing tape on the boxes.
Your company’s logo or name will help them easily recognize your package and get it to the correct address more quickly. Custom packing tape is more suited for this as it can’t be ripped off easily like normal labels or tags.5. Helps Your Products to Stand Out
Businesses employ many means to make their products stand out from their competitors. You can easily achieve that by dressing up your packaging. Using colorful boxes or printing something on the boxes can cost a lot of additional money, making those options impractical.
6. Helps to Provide Product-specific Information
You would be wrong in thinking that getting your company logo and name printed is the only benefit of customizing packing tape. If your product needs to have certain instructions to be followed, you can have that printed on the packing tape.
Suppose your product is fragile and needs to be handled with care. Having this instruction printed on the packing tape will ensure the shipping company takes extra care while handling your product and the customer will also be extra careful to unbox it once the package is delivered to them.
You will also be able to save on resources by having the instructions printed on the packing tape as you won’t need to include these instructions on a printed manual inside the box. This way you save on both money and paper.7. Helps Identify Theft
Shipment thefts are unfortunate incidents that are hard to crack down on. It hurts your image with customers along with the financial losses. Not knowing where the occurrence took place makes it difficult to apprehend the culprit.
Custom packing tape can come to the rescue here as no one aside from your company staff will have access to it. You will be able to check for theft if the packages were tampered with while they were still within your reach.
If the theft occurred while the package was in transit, it would be resealed, but it would not be able to use the same customized packaging.
Custom packing tape can benefit your business in numerous ways. So if you are wondering if you should use custom printed tape for your business, hopefully, this article has given you all the information you need.
Surely you can see the importance of custom packing tape and its uses in your business. Customize your packing tape right away to provide traction to your brand.
You're reading Should You Use Custom Packing Tape For Your Business? 7 Top Reasons
In light of the measure of benefit you’re reliably acquiring, you have a small bunch of alternatives identified with how you can extend or develop your activity.
Extending your product offering and presenting new items or new item variations (like tones, sizes or styles) that will permit you to acquire clients
Expanding your promoting and publicizing endeavors so you can draw in more customers and create more deals for your current items
Conceptualizing novel thoughts for items that are random to your present contributions and opening a second or even a third Etsy shop that you’ll work all the while with your unique one.
Recruiting at least one low maintenance workers in case you’re pushed to the limit on your own assets and don’t have the opportunity to make new items, deal with your shop and satisfy orders all alone
Stopping your “genuine world” task to devote all your time and exertion to the activity of your Etsy shop
To help keep a consistent progression of guests to your shop and increment your shots at procuring rehash business, you ought to invigorate your shop at regular intervals.
Also read: Top 10 Programming Languages for Kids to learn
Each three to four months (fundamentally every season), cautiously assess your deals from the past quarter or prepare and figure out which were your top of the line items and which things were the most un-well known. Genuinely consider eliminating the most un-well known things from your shop inside and out and putting more spotlight on things that are reliably famous or present new items.
You ought to likewise consider presenting occasional things or things that are just accessible around explicit occasions, like Mother’s Day, Father’s Day, Valentine’s Day or Christmas. Related to famous occasions, think about refreshing the general appearance of your shop, including themed illustrations, photographs, and text that spotlights on the forthcoming occasion.
Pushing ahead, never make changes to your shop erratically. Foster a coordinated methodology or plan for your shop and product offering updates, and afterward stick to it.
Also read: iPhone 14 Pro Max Is Apple’s New iPhone To Be Launched In September (Know The Release Date, Specification, Rumour & More)7 different ways to extend your business
Here are some more demonstrated ways you can develop your business when you’re prepared:
Increment the quantity of things you offer by adding more item postings to your shop. However, make certain to keep your item contributions to some degree related. For instance, in the event that you as of now sell arm bands, neckbands and hoops, consider adding a line of rings. Or then again present a better quality or premium determination of related items that are sold at a greater cost point.
For instance, in the event that you as of now sell silver gems, think about offering similar plans in 24k gold. Try not to offer arbitrary, disconnected items that will not engage your main fans.
Improve the nature of your item photography. As well as making the photographs look better, consider changing your utilization of customary item shots and way of life shots to better grandstand every one of your things.
Consider gronce that you haven’t effectively done as such, open your shop to worldwide clients and boat globally (accepting what you’re selling will have global allure).
Increment the measure of cash you’re putting resources into online paid publicizing, and think about attempting extra promoting openings. Simultaneously, help your web-based media presence.
Consider deals openings past Etsy. Whenever you’ve fostered a demonstrated and solid market, consider taking part in make fairs, for instance, or expanding to sell your items through standard retail locations, stores, niche stores, transfer shops or potentially other online administrations.
You may likewise consider growing your online presence by beginning a comparable customer facing facade on at least one of the administrations that contends with Etsy, like Amazon Handmade, to possibly contact a more extensive crowd. Or on the other hand you could make your own, independent web based business site, which enables you to completely redo all that having to do with your online store.
As the need emerges for you to make your product(s) in bigger amounts, foster quicker or more effective approaches to save time in the creation or assembling measure. This may mean making an interest in better apparatuses, for instance. Simultaneously, attempt to bring down your expense for gaining your crude materials/supplies.
For instance, purchase your materials/supplies from a distributer or straightforwardly from the maker in bigger amounts to get a greater markdown. wing your intended interest group. While you keep on showcasing to your main fans, pinpoint an auxiliary objective crowd and start separate marketing and publicizing endeavors to arrive at this new or more extensive gathering of individuals.
Microsoft’s acquisition of GitHub for a whopping 7.5 billion USD is not going well with many of GitHub’s users. While Microsoft is not that bad of a company and certainly not as big a disaster as Facebook, having your data owned by yet another tech giant is not something that every GitHub user was looking forward to. So, if you are one of those GitHub users or just someone who is shopping around to see what the market has to offer, here are the 7 best GitHub alternatives that you should check out in 2023.Best GitHub Alternatives You Should Checkout in 2023
GitHub is the world’s largest, and most popular code hosting site. Its users have a choice of using either Git or Subversion as their VCS (Version Control System), to manage, maintain and deploy software projects. It allows for free unlimited public code repositories to all users. To maintain private repos, a monthly subscription is required. GitHub lets you create ‘organizations’ which basically function as regular accounts except that they always have at least one user account listed as their owner.
All users and organizations get to host one free website on a GitHub pages subdomain username.github.io as well as unlimited project pages at username.github.io/project-page and you can switch to your own custom domain (if you have one) anytime for free. You should know all these things as they will help you find worthy GitHub alternatives. Once you have a basic idea of the service and what you are looking for you can choose a service which is not only similar to GitHub but can also replace it without causing any problems.List of Best GitHub Alternatives 1. Bitbucket
Bitbucket is second only to GitHub in terms of popularity and usage. The service is free for individuals and organizations with 5 users or lesser, and it lets you have unlimited public and private repositories. Bitbucket allows you to push files using any Git client, or the Git command line. Made by Atlassian, Bitbucket also has its own Git and Mercurial client Source Tree which is available for free on Windows and Mac. It can also be controlled through its web interface.
Bitbucket, like GitHub, lets you host a website for free at accountname.bitbucket.org and project pages at accountname.bitbucket.org/project. You can also use your own domain name for your Bitbucket website. It lets you make teams at bitbucket.org/team-name. As mentioned before, Bitbucket lets you have unlimited public and private repos for teams with up to 5 users for free.
Bitbucket is more than just Git code management. It gives teams one place to plan projects, collaborate on code, test, and deploy. I love that you can connect Bitbucket with project management software such as JIRA or Trello. This allows you to easily manage big projects and make sure that the work is done on time. It also connects with all your favorite tools like AWS, Microsoft Azure, Script Runner, and more. If you are looking for a great altenrative to GitHub which also happens to be free, you should definitely check out Bitbucket.
Visit: Website (Free, $2/month/user for Standard and $5/month/user for Premium)2. GitLab
Visit: Website (Free, starts at $4/month/user)3. Beanstalk
Binstalk is a powerful and robust Git and SVN hosting platform that is one of the best GitHub alternatives that you can choose right now. One of the best features of Beanstalk is that you don’t require a client to edit your code as the service allows you to do it in the browser itself. When it comes to features Beanstalk is second to none. You get all the features that you expect from a powerful Git hosting platform. The features list include support for repository and branch level permissions, detailed history of commits and files, a fluid code review system, instant code deployment, and more.
Beanstalk is again a paid alternative to GitHub. It lets you try it out for 2 weeks free of cost, after which you need to pay. Its cheapest package “Bronze” costs $15 and allows up to 5 users, 3 GB storage and a maximum of 10 repositories. Subversion and Git Version Control Systems are supported by Beanstalk.
Visit: Website (Free trial, starts at $15/month)4. SourceForge
Sourceforge has been around longer than most, and it has the projects to prove it. Lots of open source Linux, Windows and Mac projects are hosted on SF. It has a totally different project structure when compared with GitHub. You can only create projects with a unique name. SF unlike others, also lets you host both static and dynamic pages, with the option of integrating a CMS too. Sourceforge lets you create a website for each of your projects, at proj.sourceforge.net.
Visit: Website (Free)5. GitKraken
GitKraken is not necessarily a GitHub alternative as it doesn’t offer its own Git and SVN hosting platform. That being said, it is much more than just your average GitHub client as not only it supports GitHub but it also supports other services such as GitLab, Microsoft Azure, BitBucket, and more. It even allows you to create and open your own local repo if that’s what you are looking for. What makes GitKraken to stand out from the rest of GitHub clients is its fast and reliable performance and exceptional appearance.
6. AWS CodeCommit
The AWS CodeCommit is a great service to host your Git-based repositories. It brings a secure control service makes it easy for teams to collaborate on code in a secure and highly scalable ecosystem. The biggest feature of AWS CodeCommit is its scalibility as it eliminates the need to operate your own source control system or worry about scaling its infrastructure. The service can automatically scale to meet the growing needs of your project and company.
Another big feature of AWS CodeCommit is security. The service automatically encrypts your files in transit and at rest thus ensuring that your code is always protected. The service also brings all the collaboration features that you can expect from a Git-based repository. You can easily collaborate with teammates via pull requests, branching, and merging. Finally, just like GitHub, the AWS CodeCommit works with all your existing Git tools so that you can keep using your preferred development environment plugins, continuous integration/continuous delivery systems, and all the other Git tools that you are familiar with.
Visit: Website (Free, $1/user/month)7. Cloud Source Repositories by Google
One of the best things about Cloud Source Repositories is that you get access to unlimited free and private git repositories in contrast to GitHub where you need to have a paid account to get a private repository. The service also allows developers to set up triggers to automatically build and test their code using Cloud Build. Other features include fast code search, source browser, automatic syncing, and more. If none of the above GitHub alternatives met your needs, you can check this one out.
Visit: Website (Free, starts at $1/project-user)
SEE ALSO: 15 Best Free PHP FrameworksUse These GitHub Alternatives to Host Your Code
There are thousands of digital marketing and SaaS tools available in the market. Each comes with its unique selling point. However, this amazing range of options also complicates the selection process.
This list reviews a few key tools that can prove to be invaluable to your business.Top 7 Tools you should invest in 2023
The key to choosing the right stack of digital tools lies in asking yourself the most fundamental question. What do you want from your tools? Do you want to invest in a tool that facilitates communication amongst your team members who are scattered all over the globe? Or perhaps you are looking for tools that increase productivity for your web design and development projects?
We have curated a list of tools we felt would help you perform a wide range of stuff if you’re planning to launch your startup or expand your business.
Without any further ado, let us dive right in!
Maze is an online testing platform that can be used to capture user feedback, define missions and analyze insights based on design prototypes.
What is usability testing
but observing the way that users interact with your design in real-time and how they respond to carrying out real tasks with the prototype?
Here is a list of benefits that makes Maze such a favorite with professionals.
Compatible with prototypes designed for applications with desktop, mobiles, or tablets.
Active reporting features can turn your test data into actionable insights.
Reports can be rendered into visually creative and customizable drafts.
Any prototype created with Figma, Sketch, Invision, or Marvel is compatible for testing on Maze.
Maze is available in three major pricing options. The Free Plan is available at zero cost, accommodates three projects, and allows you to invite unlimited members to collaborate on the testing. The Pro Plan is available at $25 per user per month. This plan allows you to test ten projects actively at the same time. You will also be able to access the Pro Templates. Apart from this, you can directly contact Maze to get quotes for customized enterprise solutions.
Collect client information in real-time to reduce risk and create actionable strategies that work.
Fully compliant with GDPR.
Detailed insights were provided through complete email and digital footprint analysis.
SEON intelligence tool is available in three different pricing plans. The basic plan is available at 99 Euros. You can also check this plan for free for a period of 14 days. The Standard Plan is available at 299 Euros. This plan allows up to 5000 checks per month. You can also request a custom quote from the company directly for enterprise solutions.
Slack is a business communication tool that has a considerably growing popularity particularly in the face of increasing remote working scenarios. It is very convenient for teamwork and active networking during project development.
The interface offers dedicated channels to organize communication without any outside distractions. Through these channels, the team can have a shared view of the project in various stages of development. Further, it streamlines collaboration and communication, almost creating a virtual workspace in real-time.
Streamlined communication with in-house and external teams within the same workspace.
Central channels for conversations, exchanging files, and other tools within your team.
Voice and video call options for one-on-one or group virtual meets.
Integrates seamlessly with other digital services, such as Google Drive, Trello, Office 365, and more than 2200 other options.
Slack is available free for small to medium-sized businesses. The Pro plan is available at 2.67 USD per month. It offers the additional features of voice and video calls for as many as 15 team members. The Business Plus plan is available at 5USD per month. The Enterprise Grid plan is customizable and you can get a quote directly from the Company.
Trello is a project management platform, which can integrate with your communication tools to increase productivity regardless of the location of your team members.
You will be able to strategize and work on content development within an easy-to-use interface. Assign deadlines and topic cards for each stage of the project and create a to-do list to chart the progress of the project through its various stages.
Create lists and topic cards to organize the productivity metrics.
Built-in automation feature that reduces the steps of task management for the entire team.
Easy integration with power-up tools such as Slack, Google Drive, and more to boost the project workflow.
Trello is available free for small teams. You can opt for the Standard plan at 5 USD per month and storage of up to 250 MB. The Premium plan is available for 10 USD per month and offers added dashboard and calendar views. The Enterprise plan starts at 17.50 USD per month for 25 users.
Hubspot is a powerful marketing and CRM tool. Within the interface, you can create web forms and design effective campaigns for email marketing. You can also analyze the behavior of the visitors to your website and use this customer data within your CRM. The sophisticated options within the Hubspot interface can give you full freedom to completely automate your marketing campaign.
Full access to content and social media management.
Increase your website traffic through real-time customer analysis.
Improve your sales conversion rates and minimize the sales cycles for faster client retention.
Hubspot offers a Starter plan at 45 USD per month. The Professional plan is available at 800 USD per month and the Enterprise plan starts at 3200 USD per month and can be customized further.
Canva is a professional design tool that is essential for every business. If you need creative and simple graphics for your content presentations or branding, you need Canva in your corner. The design templates within the platform are easy to use and customize. You can create brochures, brand logos, or flyers even if you have no design training of any kind. This is a particularly handy tool for small teams with no graphic designers or more design requirements than your current designer can handle.
Design presentations, social media content, and videos with easy-to-customize templates.
Create marketing and branding collateral within minutes.
Create team folders to manage your designs and content created within the Canva interface.
Canva is available in three plans – Canva Free, Canva Pro, and Canva Enterprise. The pro version is available for a free trial and after that costs about 9.95 USD per month. The pricing for the Enterprise plan is available on request.
Hootsuite is a social media management and scheduling application. The tool works on the premise that while you need to have an active social media presence, you cannot be available on your social media channels 24/7. Instead, use this tool to automate the publication of your posts on multiple social media platforms from a single interface.
You can use Hootsuite’s content curation feature to further search, tag, and post the content pre-approved against your chosen parameters. The interface also allows you to measure the results of your social media campaigns through customizable reports.
Schedule posts on all social networks without leaving the interface.
Automatically review posts in a fuss-free calendar view.
Access all image assets from within the Hootsuite dashboard to create quality social media posts.
Get data on the latest social trends and conversations around your brand.
Hootsuite is available free for up to three social profiles. The service is available in tiered pricing for The Pro, Team, Business, and Enterprise plans.Conclusion
Here you have a full range of digital tools that can literally do the heavy lifting for your project development.
These tools can significantly augment your digital marketing strategy. By automating various stages of your project management, you can save more time and labor costs for your company.
There you are, sitting on your office chair. Feeling comfortable and good about yourself. Let me tell you something. You are lost. You are a nobody. Why? Because you don’t have a mechanical keyboard in your life! Like some evangelical preacher, I have an idea I need to sell you. That is the glory of the mechanical keyboard. If you accept the mechanical keyboard into your life, you could be experiencing increased comfort, improved productivity, and glory! It will change the way you type forever! Don’t just ask me, there are plenty of fanatics that have forever converted from using cheap, rubber-dome keyboards to high-quality mechanicals. I have made a short list of five reasons why you should switch to a mechanical keyboard. I have faith that you will see the light.
The second reason why you need to switch to a mechanical keyboard is ergonomics. Mechanical keyboards generally have higher quality keycaps which are rounded to let your fingers rest on them more comfortably. Traditional laptop keys, with the exception of Lenovo’s, are flat. Flat keys are good for space-saving designs but you not only lose precision, but also comfort. I find flat keys uncomfortable to type on for long periods because I have to hit them “head on” in order not to make an error. Also, it is very easy to hit these keycaps on the corners which will cause your fingers to slip and mis-type. If you hit the corner of a keycap on a mechanical keyboard, you still have a good chance of registering the input. The longer “throw” of mechanical keyboards are also more comfortable for long typing sessions compared to the short engagement point of chicklet-style keyboards. For a long time, I thought the main attribute of an ergonomic keyboard is shape. After using the Microsoft Natural Ergonomic keyboard for 2-3 years and using my Leopold Tenkeyless for about 5 months, I realize that it’s not about the shape. The main reason mechanical keyboards are better is the key switches.
The third benefit is reduced strain. I realize this is closely related to comfort but I felt that this deserved its own section simply because of RSI(Repetitive Strain Injury). We use our computers for hours and some of us do not take RSI seriously. I take good care of my hands. And so should you. For most people, their hands are their livelihood. Hand health is very important if you are a musician, laborer, or athlete. One thing I’ve notice after spending a few months with my mechanical keyboard compared to keyboards of my past is finger pain. I use to get finger pain after prolonged typing on the rubber dome keys. They were all I knew so I didn’t question. It wasn’t until I was in the market for a better keyboard where I found out about mechanical key switches. Subsequently, it wasn’t until I was typing on them for hours until I realized my finger pain was mainly caused by the cheap rubber-dome keyboards. If you are on the computer for hours, or if your profession involves extensive amounts of typing, consider investing on a mechanical keyboard for this very reason. These key switches will reduce finger strain. Your hands will thank you.
The fourth benefit of using a mechanical keyboard is improved speed. A more precise, comfortable keyboard means improved typing speed. I was never a speed typist. Barely being able to type 25 WPM, after a few months of serious training, I can now type 60-70 WPM. Your mileage may vary but you will improve your speed. If not in burst typing, definitely in endurance typing. That’s typing long essays or reports. Wiki has the average typing speed rated at 33 WPM. If you are over this, you are doing very well.
The last and most important reason why you need a mechanical keyboard? They’re fun! That may sound silly to say but after getting one, I now enjoy typing. I like the sound of these Cherry MX browns. Some people like the blues. You can’t go wrong either way. They’re great to type on. Mechanical keyboards have their own unique personalities. From the simple Leopold Tenkeyless to the highly sought after HHKB Pro 2. Typing shouldn’t be a chore. Most people probably won’t be competing on typeracer for leisure, but mechanical keyboards will make you smile. It’s like buying a luxury car. Sure, you don’t NEED leather heated seat with power everything but if you can afford it, why not treat yourself? Especially a tool that you will spend years using. Once you punch the keys, you will see the light
How to choose a business bank account
The best bank account for you depends on your business. For example, if you anticipate completing a significant number of business checking transactions each month, look for a bank that offers a checking account option with a high transaction limit before incurring fees.
Regardless of the type of business you run, be sure to ask these questions before you apply for an account.1. What are the fees and requirements?
Most business bank accounts will charge some types of fees and maintain a list of minimum requirements. The following fees and requirements are typical for business accounts:
Maintenance fees on checking accounts: Some banks waive these fees if you meet certain minimum balance requirements each month. The minimum requirements vary widely by financial institutions. You may get a break on these requirements if you have personal accounts at the same bank.
Transaction fees: These fees may apply if you exceed a maximum number of transactions per month. They may not apply for small businesses with a low transaction volume, but keep in mind that as your business grows, these fees may come into play.
Early-termination fees: Some account terms include a fee if you close your account before a certain contractual period ends.
ATM fees: Many banks charge a fee if you withdraw funds from other institutions’ ATMs.
Deposit fees: You may pay extra if you exceed a set limit on the amount of money or number of deposits you complete each day, week or month.2. Is there an introductory offer?
Many banks promote introductory offers as a way to entice business owners to open a business account at their institution. Some offers include bonus cash for making an initial deposit of a certain sum and maintaining the balance for a certain period of time (typically a few months). Others offer lower fees to businesses opening new accounts. If the bank and its account features tick your other boxes, you’re not likely to go wrong by opening your business bank account at an institution with a strong introductory offer.3. Will the website and mobile app work for you?
Customers now expect to be able to monitor accounts and do banking online. However, all websites are not equal in ease of use and dependability. Check out the website and see how you think it will work for you. Most financial institutions offer mobile device apps so you can monitor your balance, transfer funds between accounts, pay bills and check on your cash flow. Check out the app and make sure it works well for you and with your device.4. Does it offer merchant credit card processing?
To accept credit and debit card payments from customers, you need merchant services. Third-party processors offer this service (and usually have lower rates), but it may be more convenient and efficient to use a bank. Find out if the bank you’re considering offers merchant processing services and whether the terms and rates are better than those of third-party providers.5. Does it offer competitive business credit cards and other financing options?
Along with a business checking account, you should have a business credit card account for business purchases. Interest rates and other credit card terms vary, so shop around. Consider establishing a business line of credit (a source of funds you can access on an as-needed basis) or securing a small business loan as well. Doing so may be easier at the bank where you have a business checking account, since it already has access to much of the documentation needed when applying for a loan. [Read related article: The Small Business Owners’ Guide to Getting an SBA Loan]6. Does it have a bank branch near you?
It can be beneficial to have a local branch nearby in case you ever need to do your banking in person. If you are attracted by the lower fees and convenience of an online business checking or savings account, consider the trade-offs, such as having to deposit checks online. If you need to deposit many cash transactions or you want to be able to speak to a representative face to face when you need help, you may need a brick-and-mortar bank.7. What about fund protection and insurance?
The Federal Deposit Insurance Corporation (FDIC) provides financial institutions with insurance for all types of deposits, including, but not limited to, checking and savings account deposits. Make sure your bank is FDIC insured.How to open a business bank account
After you choose a financial institution, opening the account isn’t difficult. Just head to a local branch of the bank you’ve selected or log on to its website. You need certain documents and information on hand, depending on how your business is structured.
Your business’s legal name, as it appears on documents filed with your state or the IRS; if your business is a sole proprietorship and its name differs from your own, you may need to register your DBA (“doing business as”)
Your Social Security number, or your EIN if your business is a corporation or an LLC; the bank must have this information for IRS reporting requirements
Your business address, the one you used to license your business
Your contact information, including your business phone number, email address and website
Your driver’s license number
Other photo proof of identity, such as a passport
If your business is an LLC or corporation, the bank may also require you to provide:
Your business’s partnership agreement, if you operate a partnership
Your business’s articles of organization, if it’s an LLC
Your business’s articles of incorporation, if it’s a corporation
Your business license
Be ready to provide both personal and business information and documents when you go to open your business bank accounts. With all of these in hand, the process should be smooth.Business Banking FAQS Do I need both checking and savings accounts for my business?
Most banks automatically open an account for savings when you open a checking account. The savings account lets you access funds as needed. The savings also protect your assets, since each account has an insurance limit. As an example, the federal government will insure money in each account up to $250,000 per owner. If you have a checking and savings account, each one can safely hold up to $250,000 per owner.
You can also use a savings account to set aside funds for special purposes. For example, many companies keep money in a savings account to earn interest while setting aside money for expenses like federal taxes.What is a free business checking account?
A free business checking account doesn’t incur a bank monthly maintenance fee. It may still incur other fees. In most cases, you must maintain a minimum balance to avoid the fee. Chase Bank, for example, requires the account holder to maintain a balance of $2,000 for a free business account.Should I open a business bank account online?
Many business owners find it convenient and fast to open a business bank account online, regardless of whether it’s an online or brick-and-mortar bank. If you’re concerned about security, all paperwork filed online for a new business bank account is done over a secure and encrypted connection.What’s the difference between a bank and a credit union?
Banks are for-profit institutions, while credit unions are categorized as nonprofits. Credit unions typically offer better rates and lower fees. Membership is typically required to become part of a credit union.A real business needs a business bank account
There’s a difference between earning a few dollars on the side and starting a business with an intent to grow and make a profit. Opening business bank accounts is just one important step to getting serious about your business and setting your business up to be successful for many years to come.
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