CHAPTER40Banking

image The Company’s Bank

One important relationship every business must establish is with a bank. Many of the resulting financial details—whether from a checking account, business loan, or credit card—will be handled by the company’s administrative assistant. The smaller the company is, the greater will be your involvement with your company’s banking.

What if the bank gave away money and you did not get in line? That’s essentially what can happen if you don’t understand a bank’s full spectrum of financial products and services and use the correct ones when available. To save your company the most in fees while helping it nail down the ...

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