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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.

Debit and Credit Cards: Is There a Difference?

Debit and Credit Cards: Is There a Difference?

Posted by: Stearns Bank on Feb 07, 2020

Debit and credit cards may seem similar, but their features and uses are quite different. Learn how they work before choosing one.

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Mistakes To Avoid When Opening A Business Bank Account

Mistakes To Avoid When Opening A Business Bank Account

Posted by: Stearns Bank on Sep 05, 2019

If you are ready to get serious about your small business, it’s imperative that you open a business checking account for receiving and making payments.

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Is Opening A High-Interest Savings Account Right For You?

Is Opening A High-Interest Savings Account Right For You?

Posted by: Stearns Bank on Jun 27, 2019

Learn how a high-yield savings account can boost your money growth and whether it’s the right choice for you.

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Five Ways Small Business Owners Can Learn From Their Competition

Five Ways Small Business Owners Can Learn From Their Competition

Posted by: Stearns Bank on May 24, 2019

One of the things that small business owners can do to stay afloat is to learn from each other.

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Five Steps to Evaluate Your Business’s Health

Five Steps to Evaluate Your Business’s Health

Posted by: Stearns Bank on Apr 25, 2019

Go beyond the top-line financial picture and take stock of these other factors. It may save you from trouble down the line.

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Tactics for Handling Customer Complaints

Tactics for Handling Customer Complaints

Posted by: Stearns Bank on Apr 18, 2019

Customers are eventually bound to share a complaint about your business. Therefore, it’s good to stay ahead of things and prep yourself for it happening.

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Nine Steps To Follow When Acquiring A Business

Nine Steps To Follow When Acquiring A Business

Posted by: Stearns Bank on Aug 23, 2018

When you’re acquiring a business, everything revolves around planning.

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Six Ways Seasonal Businesses Can Manage Their Cash Flow

Six Ways Seasonal Businesses Can Manage Their Cash Flow

Posted by: Stearns Bank on Aug 16, 2018

A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.

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The Benefits Of An Ongoing Financing Relationship

The Benefits Of An Ongoing Financing Relationship

Posted by: Stearns Bank on Feb 01, 2018

A business loan can be a brief transaction, with parties going their separate ways. However, there are great benefits to an ongoing financing relationship with your lender.

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