OUR BLOG

Starting a business is an exhilarating journey, filled with a blend of excitement and challenges. Among these challenges, setting up a stable banking relationship might not seem immediately critical, but it’s a cornerstone of long-term success. For startup founders, navigating business banking effectively in the first year is essential for keeping financial transactions organized and […]

Securing government contracts can be a significant opportunity for small businesses, especially in Nevada, where the state government actively supports local entrepreneurs. Despite the potential benefits, many small business owners remain unaware of the processes involved in obtaining these contracts. This article provides practical tips for navigating the often-complex landscape of government contracting, giving businesses […]

In today’s unpredictable economic landscape, businesses face a myriad of financial challenges that can impact their stability and growth. With rising inflation, fluctuating consumer demand, and supply chain disruptions, maintaining financial resilience is more crucial than ever. Business owners must adapt to these changes and find effective strategies to manage their finances. Understanding Economic Uncertainty […]

As a small business owner in Southern Nevada, managing your finances efficiently can significantly impact your bottom line and tax bill. One tool that often goes underutilized is the business credit card. Not only can these cards streamline how you manage your business expenses, but they also offer opportunities for valuable tax deductions. In this […]

As the world becomes more interconnected and reliant on digital platforms, businesses—especially those in Southern Nevada—must remain vigilant against cybersecurity threats. Lexicon Bank understands the importance of safeguarding your business. In this report, we dive into the key trends from 3rd quarter of 2024 and provide actionable insights to help your business stay protected. Emerging […]

As a small business owner in Southern Nevada, you’ve likely heard about the increasing importance of cybersecurity. In today’s digital landscape, protecting your business from cyber threats isn’t optional—it’s essential. But how much should a small business spend on cybersecurity? Striking the right balance between protecting your data and staying within your budget can be […]

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $10 […]

It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial information to gain access to, […]

Online advertising has become a cornerstone of business growth in today’s digital-first world. Whether you’re running pay-per-click (PPC) campaigns, social media ads, or influencer partnerships, the ability to reach and engage with your target audience online is essential. However, managing the costs associated with these advertising efforts can be challenging. One effective strategy is to […]

As a business owner, you know that scaling your company involves more than just increasing revenue or expanding your team. It requires strategic planning, efficient operations, and the right financial backing. That’s where Lexicon Bank and our business banking solutions come into play. Business banking isn’t just about managing your money; it’s about leveraging financial […]

Starting a new business can be exhilarating, but managing finances can be daunting. Mastering finances can be the difference between success and failure, for new entrepreneurs. This guide will walk you through three essential financial hacks that may help you streamline your finances, maximize your profits, and ensure long-term success. Why Financial Management is Crucial […]

In the fast-paced world of technology, business owners face a growing number of challenges, particularly in cybersecurity. With artificial intelligence (AI) playing an increasingly prominent role in defending and attacking digital assets, understanding these emerging threats is crucial. Running a small business comes with its own set of challenges and opportunities. One tool that can […]