The BankFive Business Blog


Informative Articles on financial topics and tips for your business.

business owner at counter
Marissa Scott — 
Business

Buying vs. Leasing Commercial Real Estate

The decision to buy or lease commercial property will come down to your financial situation and your unique business needs.

Marissa Scott — 
Business

How to Establish a Credit History for Your Business

As a business owner, it is important to build up a credit history for your business, separate from your own personal credit history.

people looking at reports and tablet
Marissa Scott — 
Business

Creating a Marketing Strategy for Your Small Business

A marketing plan should define your marketing strategy and end goals, as well as your target audience and the type of marketing content that will help you reach them.

woman on computer program
Marissa Scott — 
Business

Project Management for Your Small Business

Review some of the benefits of project management and explore some tools and resources that can help you streamline the process for your business.

person recording video on their smartphone
Marissa Scott — 
Business

Video Marketing for Small Businesses

Video is quickly becoming the medium of the internet with businesses running video ads on social media platforms like Facebook, Instagram, TikTok and YouTube.

person checking orders on cell phone
Marissa Scott — 
Business

Securing Financing for a Home-Based Business

Home businesses have access to a good number of business loan and financing options, even if they don’t have as many choices as larger companies do.

team putting hands in a group
Marissa Scott — 
Business

Employee Retention Strategies for Small Businesses

As a small business owner, you want your employees to stick around, especially after you’ve invested significant time and money into them.

Victoria Stockbarger, Kevin Wong, Lynn Motta, Tymofey Wowk
Marissa Scott — 
Local Business Spotlights

Local Business Spotlight: Clean Technique

Kevin Wong and his team saw the need for more manufacturing infrastructure within the cannabis industry. From this, Clean Technique was born.

person doing payroll at computer
Marissa Scott — 
Business

4 Tips for Fairly Paying Your Employees When Inflation is High

Attracting and keeping employees is always challenging for small businesses, but the economy has the potential to make it even more difficult.

EforAll Rhode Island 2023 Winter Accelerator alumni Thrive Tribe Cafe
BankFive — 
Local Business Spotlights

Community Partner Spotlight: Entrepreneurship for All (EforAll)

On this National Small Business Week, we salute our community partner Entrepreneurship for All (EforAll).

Marissa Scott — 
Business

5 Tax Tips for Small Businesses

Tax time can be a headache for many Americans, and it can be even worse for small business owners. Here are 5 tax tips to help make the process a little smoother.

business owner at computer with people around
Marissa Scott — 
Business

Hiring Employees for Your Small Business

Having an employee allows your business to increase operations and can free up more of your time so you can focus on growing your business.

person working at laptop in restaurant
Marissa Scott — 
Business

Should I Consider Financing for My Small Business?

There are various financing types available for businesses – all with their own pros and cons. Take a closer look at how to determine which type of funding could be best.

person separating coins on a table
Marissa Scott — 
Business

Why You Should Separate Your Business and Personal Finances

When you keep your finances separate, you can stay more organized, better understand your company’s current financial picture, and potentially save time and money.

calculator on desk with financial statements
Marissa Scott — 
Business

Bookkeeping vs Accounting for Your Small Business

If you’ve considered hiring a professional to help with the financial aspect of your business, you may have wondered whether an accountant or a bookkeeper would be best.

Ivis Espinoza, Bristol County Commercial Cleaning logo
Marissa Scott — 
Local Business Spotlights

Local Business Spotlight: Bristol County Commercial Cleaning

Ivis Espinoza dreamed of branching out on her own in the commercial cleaning industry. Nine years later, Ivis is the proud owner of BCCC.

person meeting with business banker
Marissa Scott — 
Business

Benefits of Working with a Dedicated Business Banker

A local business banker can do more for your business than you may realize. Here are some of the benefits of working with a business banker from a local community bank.

person preparing to ship out boxes
Marissa Scott — 
Business

Selling on Amazon as a Small Business

Selling on Amazon has its benefits, but there are some potential downsides as well. Before you decide, here are a few things to consider.

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