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Small Business Matters

The Stearns Bank Small Business blog has you covered from relevant industry topics to guidance on big business banking decisions. Read our latest articles that might give you the advice you’ve been looking for to help your small business succeed.

Managing Your Business Banking Accounts? Avoid These Mistakes

Managing Your Business Banking Accounts? Avoid These Mistakes

Posted by: Stearns Bank on Apr 22, 2021

Business banking may not be as simple as it seems. Find out what common mistakes to avoid, including choosing the right account for your business.

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Financial Literacy is Key to Effective Money Management for Teens

Financial Literacy is Key to Effective Money Management for Teens

Posted by: Stearns Bank on Apr 12, 2021

Helping cultivate positive habits and good personal finance for teens is a quality they’ll use and appreciate their entire lives.

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How Electronic Funds Transfers Can Benefit Your Business

How Electronic Funds Transfers Can Benefit Your Business

Posted by: Stearns Bank on Apr 02, 2021

ACH payments are a secure way for small business owners to pay their employees and improve cash flow. Learn more about ACH for your business in this blog.

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Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Posted by: Stearns Bank on Mar 26, 2021

Bettner Vision in Colorado Springs, Colorado, used a PPP loan to stay on track with expansion plans despite being closed during the COVID-19 pandemic.

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3 Questions To Ask Yourself About USDA Business Loans

3 Questions To Ask Yourself About USDA Business Loans

Posted by: Stearns Bank on Mar 11, 2021

USDA Rural Development business loans work out well when you find the right lender. A Multi-State Lender, like Stearns Bank, can make all the difference.

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5 Reasons To Separate Your Savings Accounts

5 Reasons To Separate Your Savings Accounts

Posted by: Stearns Bank on Feb 25, 2021

It’s important to separate your personal and business savings accounts. But recognizing the right time isn’t easy. These 5 reasons might help you act.

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USDA Rural Development Loan: Right Financing Fit for Your Project?

USDA Rural Development Loan: Right Financing Fit for Your Project?

Posted by: Stearns Bank on Feb 15, 2021

Find out more about USDA rural development Business and Industry loans, which have become a more viable option for business owners in smaller communities.

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Insured Deposits Are Safe Bet for Corporate Treasury

Insured Deposits Are Safe Bet for Corporate Treasury

Posted by: Stearns Bank on Jan 29, 2021

An ICS or CDARS account is a sound decision for managing high-balance corporate funds. They provide full protection of FDIC insurance beyond the statutory limit of $250,000 per bank.

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Succession Planning In Turbulent Times

Succession Planning In Turbulent Times

Posted by: Stearns Bank on Jan 22, 2021

Business succession planning can be difficult in times of economic uncertainty. Here are tips for creating a clear and effective plan for your business.

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How To Avoid Online Shopping Scams During The Holiday Season

How To Avoid Online Shopping Scams During The Holiday Season

Posted by: Stearns Bank on Dec 21, 2020

Julia Johnson, a research specialist for the ACFE, breaks down what scams the public should look out for while shopping this holiday season.

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