From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
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From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
High-Yield Business Savings Accounts Options and Benefits
Financial Snickens
5 minutes 2 seconds
1 year ago
High-Yield Business Savings Accounts Options and Benefits
Instead of letting your money languish in your checking account, consider opening a High-Yield Savings Account (HYSA) since interest rates are higher than in years past.
In this episode, I expand upon the many advantages of High-Yield Savings Accounts and why this low-risk investment option is worth pursuing.
In this episode, you’ll also hear:
Flexibility of high-yield savings account
Benefits of HYSA for business owners
Minimal maintenance and fees of HYSA
Must-listen moments:
[00:00:35] When you go and start searching for these high-yield savings accounts, make sure that they're a member of the FDIC, and don't forget that they are only insured up to $250,000 per account.
[00:02:31] If you invest it in one of these savings accounts, the risk is very low, yet you still get a guaranteed return. It is really good, and it protects your business’ capital.
[00:02:53] You could have short-term goals and projects that you know you need to put money aside for, this is a great place to hold that capital until you need it.
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Financial Snickens
From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
