The BankFive Business Blog


Informative Articles on financial topics and tips for your business.

People brainstorming ideas on a paper
Marissa Scott — 
Business

Tips for Developing Your Small Business

Being aware of the various stages of business development and having an idea of what each phase might look like can help ease the stress of managing your business.

Two people looking at data on an ipad
Marissa Scott — 
Business

6 Tips for Managing Your Small Business Finances

Here are tips for efficiently managing your business’s finances, so you can continue to focus on the aspects of your business that you’re most passionate about.

increasing coin stacks with graph lines following
Marissa Scott — 
Business

Why Money Market Accounts Make Sense for Businesses

Take a closer look at some of the benefits a business money market can provide.

solar panels with skyline in background
Marissa Scott — 
Business

Reasons to Consider Solar Power for Your Business

Installing solar panels can be beneficial for businesses of all sizes. Take a closer look at some of the potential benefits that solar power could provide.

papers laid out with business plan notes
Marissa Scott — 
Business

How to Prepare a Business Plan when Applying for a Business Loan

Having a solid understanding of what to include in your business plan can help streamline the process. Take a look at what's included and how to help ease stress.

spreadsheet with refinance stamp over numbers
Marissa Scott — 
Business

Does Refinancing Make Sense for Your Small Business?

There are several reasons a business owner might consider refinancing a business loan. Take a closer look to help determine whether this option might make sense for you.

person sitting at desk with laptop and business supplies
Marissa Scott — 
Business

Consider a Business Line of Credit for Flexible Financing

A business line of credit offers a rolling credit limit that your business can dip into as needed. Learn about the unique differences from other funding options.

business man holding piggy bank in each hand
Marissa Scott — 
Business

Business Loans vs. Crowdfunding – What’s the Difference?

Having a clear understanding of each option will allow you to determine which type of funding would work best for your business. Here we lay out some key features.

person at desk with laptop, calculator and binder of invoices
Marissa Scott — 
Business

Creating a Budget for Your Small Business

Here are some tips for creating a budget, or getting a handle on an existing one, so you can better maintain and grow your business.

small business cybersecurity
Deirdre Jannerelli — 
Business

Cybersecurity Basics for Small Businesses

Cyber criminals target companies of all sizes, and small businesses are no exception. Here are some ways to help protect your business from cyber threats.

building blocks creating up arrows
Marissa Scott — 
Business

6 Tips for Expanding Your Small Business

Whatever growth looks like for your business, it's important to be prepared for the jump. Here are six tips to keep in mind if you’re considering expanding your business.

multiple blocks with store logo on it, one red block in center
Marissa Scott — 
Business

5 Things to Consider When Buying a Franchise

A franchise can be an attractive option for an entrepreneur looking to start their own business. Here are some tips for deciding if a franchise model is right for you.

person working on computer at desk with "rebrand" on screen
Marissa Scott — 
Business

Things to Consider When Changing the Name of Your Business

Businesses and brands evolve and sometimes a name change is warranted. It is important to understand everything involved with this decision.
 

coins and piggy bank with plant growing up
Marissa Scott — 
Business

Types of Funding for Small Businesses

As a business owner, one of the largest concerns you’ll have is obtaining the funds to start or grow your business. Take a look at some of the funding available.

woman standing at entrance of café with tablet
Marissa Scott — 
Business

Helpful Resources for Small Businesses

Whether you need general guidance, help managing finances, or anything else that goes into running a business, chances are there is a resource you can utilize.

document with red "loan denied" stamp
Marissa Scott — 
Business

What to Do if You’re Denied a Business Loan

There are unfortunately times when a business owner may be denied a small business loan. If you find yourself in this situation, it is important to know what to do next.

person at desk with calculator, spreadsheet, coins
Marissa Scott — 
Business

Small Business Accounting: Tips for Your Small Business

Accounting is an important part of running a business. Knowing the options available & what to evaluate can help ease the stress of implementing an accounting process.

man looking at wall with drawn banks, question marks and percent symbols
Marissa Scott — 
Business

How to Choose a Bank for Your Small Business

Shopping for a bank for your business may include weighing more options than personal banking. Here are some items to consider throughout the process.

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