Business owners want to focus on their businesses, not necessarily on where to bank, which is why choosing the right business checking account is important. Convenience, not paying fees and easy access should be the top three goals.
Just as businesses are different, so, too, are the features that each business owner will require in a business checking account.
“[Business owners] enjoy what they’re selling or what their business is all about,” says Kari Harpold, treasury management officer at Capitol Bank in Madison, Wisconsin. “But to have to also do all of the financial end of things … it’s not what they enjoy doing. So if they can have a good relationship with the bank, where the bank’s handling a lot of that stuff for them, you’re making it more efficient for them and saving some of their time,” she added.
