Money market accounts, regular savings accounts and certificates of deposit are other tools for earning interest on excess cash flows. They're FDIC insured and earn competitive interest, but they're more limited than checking accounts in regard to withdrawals. Connect electronically to your bank. PC banking isn't just for consumers any more. Designed specifically for business use, PC banking can deliver convenient access to vital financial information 24 hours a day.
Online banking gives business owners an incredible level of cash management control.
Take advantage of specialized cash management tools. Technology has come a long way in supporting small businesses' management of their funds. A number of specialized services should be considered by an entrepreneur, depending on the size and the nature of the enterprise. Automated clearing house services. Collecting and depositing accounts payable can be made more efficient through a lockbox service.