Start out with a separate business bank account to protect your personal funds, keep an eye on business cash and transactions, and simplify your banking by using the latest technologies.
Financial functions like invoicing customers and paying suppliers are vital to new businesses. Take these three steps to get your small business financial systems in place.
Following your dreams can be risky and scary--but it doesn't have to be. Here are some things you can do to turn that dream into a reality.
A Federal Employer Identification Number (FEIN), also known as an Employer Identification Number (EIN), is used to identify a business entity. Here’s what you should know.
It has been more than 50 years since Rev. King’s legendary “I Have a Dream” speech in Washington. Here are five lessons entrepreneurs can learn from this great leader.
As you get your business up and running, avoid these 7 mistakes to improve your chances of achieving long-term success.
Have a bright idea for a new business? Make sure you know what you’re getting into before starting one of these 5 types.
Bootstrapping efforts can be intimidating, as you rely on personal finances or existing revenue to fund or grow a company. But there are many advantages versus turning to outside funding.
S Corporations are under assault from LLCs. Understanding why this is happening is instructive to small business owners and prospective owners struggling with a decision on which structure to use.
When is the right time to launch your business? While you can’t be absolutely sure, you can use these factors to guide your decision.
While there are advantages to running your own shop, there’s plenty of risk as well. Consider these factors when deciding to own and operate your business by yourself.
SunTrust provides strategies for helping your small business hire top talent.
Developing and sticking to a clear, detailed and attainable business plan can help lower the risk of not achieving your business goals.
As a small business owner, you understand the value online tools can bring to your business, whether it’s accounting software or an expanding e-mail database of customers. Online tools also can help in your fight against fraud.
Of the 27 million small businesses in the U.S. today, 80 percent of owners fall into the small business owner category, 15 percent are passionate owners and just five percent are true entrepreneurs. What type of owner are you?
The first step of running a successful small business: deciding what type of business owner you are. The next critical move is creating your business plan. Here’s how you can get started.
Greenville, South Carolina went from having very little recognition to being known for its business growth and innovation. Get your small business the support it needs to thrive.
Guide your course setting for the next six years, from updating your competitive strategy and setting your growth plans to tuning your capital strategy and maximizing your business's value.
SunTrust shows you how using a business credit card can reward your small business.
Planning for longer-term business goals is difficult. See the six elements to creating a six-year plan that can help maximize your business.
Learn about 10 financing mistakes you don't have to make.
Your banker works with clients in a variety of industries. Taking the time to introduce him to your business can help the two of you find smart solutions to your needs.
SunTrust addresses steps partners can take to reduce friction up front by designing mechanisms to address and control it.
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