The BankFive Business Blog


Informative Articles on financial topics and tips for your business.

people working at a table in a group
Marissa Scott — 
Business

5 Tips to Help Your Employees Succeed Financially

Employees who aren't always worried about how they'll pay their bills or whether they're saving enough will generally feel more content and work more productively, creating a win-win scenario. 

woman shopping at small retailer
Marissa Scott — 
Local Business Spotlights

4 Reasons to Shop Local on Small Business Saturday

When you make purchases at local MA and RI retailers, you help support community businesses and the local economy. And what better time to visit local businesses than Small Business Saturday!

person putting decor on a wreath
Marissa Scott — 
Business

6 Tips to Help Your Retail Business Handle the Holiday Rush

With a little planning and forethought, you can help reduce stress and maximize your sales potential this holiday season.

person on laptop with yellow security symbol
Marissa Scott — 
Business

5 Scams Targeting Small Businesses

It's vitally important for you and your staff to be vigilant when it comes to potential scams. The more you know, the better you can defend yourself and your business from fraud.

person on laptop with security and file icons
Marissa Scott — 
Business

6 Cybersecurity Tips for Your Business

By taking some time to train your employees, develop best practices, secure your technology, and stay educated on emerging cyber threats, you can help to protect your business.

business owner on tablet
Marissa Scott — 
Business

5 Benefits of a Business Line of Credit

A business line of credit can be a versatile and convenient option when you need to access to funds, whether it’s to cover emergency expenses, better manage your cash flow, or grow your business.

people reviewing business documents at table
Marissa Scott — 
Business

7 Tips for Choosing a Business Consultant

No matter the size or scope of your business, working with the right business consultant can help you streamline operations, maximize profits, and build your brand.

woman reviewing business costs
Marissa Scott — 
Business

10 Ways to Cut Business Costs

Here are some practical and actionable strategies to help make your business more efficient and profitable. 

person at laptop with checklist graphic floating
Marissa Scott — 
Business

5 Tips to Improve Business Productivity

Whether you are just starting your business or are a seasoned business owner, finding ways to increase productivity is essential to the success and growth of your business. 

business owner using laptop in closed restaurant
Marissa Scott — 
Business

What to Do If Your Business is Facing Cash Flow Issues

With the right strategy, you can address cash flow concerns before they spell major trouble for your business. Here are 6 tips to help stay the course during trying times.

person explaining document to another at a desk
Marissa Scott — 
Business

Hiring an Intern or Apprentice for Your Business

Here are some considerations for implementing an effective internship or apprenticeship program.

man reviewing business receipts with calculator
Marissa Scott — 
Business

4 Mid-Year Tax Planning Tips for Your Business

Planning ahead can help you identify more tax-saving opportunities for your business so you can increase your cash flow or reinvest those dollars into business improvements.

man standing with business machinery
Marissa Scott — 
Business

6 Tips for Buying Business Equipment

It’s important to make informed decisions before purchasing equipment and ensure it is going to help you reach your business goals.

woman presenting business idea for peers
Marissa Scott — 
Business

Programs to Help You Launch a New Business

Working with a startup incubator or business accelerator may help you grow faster, propelling your business to success sooner than you’d see otherwise.

Kylee Salva, owner of Couture Kreations
Marissa Scott — 
Local Business Spotlights

Local Business Spotlight: Couture Kreations

Kylee Salva was gifted a Cricut machine in 2019 from a friend who wasn’t getting much use out of it. She saw the potential income her craft could provide & was inspired to create Couture Kreations.

people looking at commercial building structure
Marissa Scott — 
Business

Does a Commercial Construction Loan Makes Sense for Your Business?

Commercial construction loans are a standard way to finance the construction of office, retail, industrial, multi-family, and other commercial properties.

person handing paper check
Marissa Scott — 
Business

Is Remote Deposit Capture Right for Your Business?

If your business currently has a large volume of check payments and someone is manually trekking to the bank to deposit them, RDC is worth exploring.

small business owner at desk
Marissa Scott — 
Business

7 Tips to Make Your Business More Energy Efficient This Spring

Not only is energy efficiency environmentally responsible, but it can also save you money, which you can put back into your business.

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