What is the Average Small Business Owner Salary in 2022?
According to Payscale, the average small business owner’s salary in the United States is around $70,000 (or to be exact, $69,738).1 The average business owner’s wage isn’t enough to support…
Brex Bank Account: The Best Alternative for Small Business
Popular Fintech company Brex recently announced they had decided to make a dramatic change to their business model by letting go of their small business customers to exclusively service bigger,…
13 Informative Small Business Cybersecurity Statistics
Starting and running a small business comes with many costs, many of which are just part of the process. That said, there are some costs businesses can (and should) strive…
How Inflation Impacts Businesses in the US
Inflation is a big buzzword in 2022 which is important to understand especially as a business owner. Understanding inflation will also help you plan for it accordingly. If you own…
13 Best Recession-Proof Businesses in 2022
Economic recession is something no business wants to face. In fact, recessions can be downright dooming for businesses that aren’t equipped to weather them. That said, there are actually some…
4 Ways to Test Your Small Business Idea in 2022
Testing business ideas is a great way to validate them before you put time, money, and effort into building something that might not work. It doesn’t take much to test…
8 Different Ways to Support Black-owned Businesses
About 20% of businesses fail within the first year. Unfortunately, the odds stack when you’re Black. Black business owners tend to start out with less connections, less resources, and less…
The Oldest Black-Owned Businesses in the U.S.
Black-owned businesses are pillars of the community and a testament to a fundamental American ideology: that anyone can succeed, no matter the adversities they face. In honor of Juneteenth, we’re…
What is a Sub Account? Definition and How to Create One
Organization is really important when it comes to banking and bookkeeping. Putting all your funds in just one account can get confusing quickly. You should always make sure that money…
11 Branding Statistics to Keep in Mind for 2022
In this article, we’re going to take a look at important branding statistics to help you drive sales performance for your business. We’ll define what branding is and examine how…
20 Digital Marketing Statistics to Know in 2022
Digital marketing is more important than ever for small business owners. While print marketing materials still have a place in an overall strategy, most customers are finding out about the…
What is a Small Business? Definitions and Examples
What is a small business? From a retired teacher wondering how to start a tutoring business to a website developer hoping to break into consulting, a lot of people dream…
The Best Freelancer Business Bank Account For You: Everything You Need to Know
When you decide to strike out on your own as a freelancer, there’s a lot that goes into securing your financial future. Among the first, is opening a freelancer bank…
Open a Business Checking Account Online: 2 Easy Steps
These days, we do just about everything online, from ordering food to reading a book. You can even open a business checking account online. And while digital banks are somewhat…
What Do You Need to Open a Business Bank Account?
If you’re getting ready to start your own business, you’re likely asking yourself an important question: what do I need to open a business bank account? While the answer varies…
