Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Introduction Recognizing the differences among financial institutions coupled with your own unique business needs allows organizations to partner with the right fitting place. A business

image text in transcribed
Introduction Recognizing the differences among financial institutions coupled with your own unique business needs allows organizations to partner with the right fitting place. A business can have needs based upon its size, location, industry, and form of ownership. Now you all learned a bit about how financial institutions vary. vou'll be tasked with finding the right "fit" in this week's discussion board activity. Opening Post Instructions Imagine that you are starting a small business selling items over the internet and need to establish a business banking account that will provide the following services: business checking, credit-card processing, a business savings account, and perhaps a line of credit, Conduct research online to compare banks, paying speciat attention to data about fees, service options, and other features of interest to entrepreneurs like yourself. Select a bank and provide the following information in your post: - What types of imaginary business are you starting? (What will you be selling? Will you serve customers solely in the US or beyond?) - What bank did you select and why? (Where is it located? Provide detalls about the bank) - Describe its fees, products, and services it offers and the benefits of choosing this bank versus a competitor. "Avoid choosing a bank that's already been selected by a classmate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions