May 15, 2024
Businesses are constantly seeking ways to enhance their financial stability and generate consistent returns on their investments. Certificates of Deposit (CDs) are a type of investment that businesses often consider as part of their overall financial strategy. In this post, we will discuss the pros and cons of CDs for businesses, so that business owners […]
April 26, 2024
As an entrepreneur, managing your finances effectively is crucial to the success of your business. One important aspect of financial management is opening a business savings account. While many entrepreneurs and small business owners focus on generating revenue and cutting costs, having a structured savings plan can help safeguard your business against unexpected expenses and […]
April 14, 2024
As a local community bank on the shoreline of Connecticut, we understand the importance of small businesses in our community and the vital role they play in driving economic growth and creating jobs. We also recognize the challenges that small businesses face in managing their finances and maximizing their returns. That is why we are […]
April 11, 2024
In today’s business environment, strategic financial planning is essential to ensure the long-term success and stability of a company. The foundation of sound financial planning involves making smart investment decisions to maximize returns while minimizing risk. Certificates of deposit (CDs) are a popular investment option for businesses looking to diversify their portfolios and protect their […]