Online Banking Options for Small Business Owners

Business owner checking his bank account with a mobile device.

Whether you’re just starting a new business or you’ve been in business for a while, a business bank account can be a good way to keep track of your business performance. It also helps to avoid mixing your personal and business finances, which can create liability issues and accounting headaches. A business bank account can also simplify your tax prep.

Establishing an online version of your business bank account is an option to consider, especially for busy small business owners. However, there are a variety of choices and you could spend a considerable amount of time researching them. That’s where our partner, Found, can help. 

Found provides all-in-one banking for the self-employed, and they’ve shared some popular guides to help you learn more about online banking.

Small Business Banking 101: What You Need to Know

You can quickly cover a lot of topics in this article, such as:

  • 8 reasons you need a business bank account
  • Different types of business bank accounts
  • What to look for when choosing a business bank account
  • Banking definitions and FAQs

Online vs. Traditional Banking

In this concise and informative guide, Found’s experts explain the pros and cons of traditional and online banks to help you decide which one might be right for you.

Found vs. Traditional Banks

If you’re considering an online bank, learn more about how Found can provide easy and secure business banking, as well as smart, simple financial tools to help you seamlessly run your business. 

Found is a financial technology company, not a bank. Banking services provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.

Ed Grasso

As a 9-year-old at summer camp, I hated it — especially after being pulled screaming from the pool during the swimming competition. While this left me without an aquatic achievement patch, it also inspired the letter to my parents that got me an early release from Camp Willard. That showed me the power of writing. I’ve done my best to use it only for good ever since, such as writing helpful articles for small business owners.

Ed writes on a number of topics such as liability insurance, small business funding, and employee management.