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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 […]

In today’s digital age, our phones have become extensions of ourselves. We use them for everything from banking to socializing, making them prime targets for scammers. Phone scammers and spoofing tactics constantly evolve, leaving many of us vulnerable to financial loss and identity theft. But fear not—armed with knowledge, you can significantly reduce your risk […]

Life is full of unexpected transitions, especially regarding financial situations. A bridge loan can offer a temporary solution for business needs, such as acquiring new property before selling existing assets, facilitating construction projects, or addressing temporary cash-flow challenges. Before you consider this financial tool, it’s crucial to understand its details. Let’s delve into the world […]

Running a business requires a steady cash flow, but what happens when customer payments lag? This is where accounts receivable (AR) lines of credit can become helpful. They act as financial lifelines and allow businesses to access capital based on outstanding invoices that have yet to be paid.

In the competitively dynamic business landscape of Las Vegas, getting the equipment you need matters. Having the right equipment is a cornerstone of business success. Whether you’re a dazzling restaurant off the Strip that needs updated state-of-the-art kitchen appliances, a construction company requiring heavy machinery, a personal salon and spa, or a tech company needing […]

When you start a business, you have to make a lot of decisions, both small and big. One of the major decisions you have to make is deciding what kind of bank account you should use for your business. Should you open a separate bank account for your business transactions or should you use your personal checking account?

When you start a business, you have to make a lot of decisions, both small and big. One of the major decisions you have to make is deciding what kind of bank account you should use for your business. Should you open a separate bank account for your business transactions or should you use your personal checking account?

Congratulations! So, you have decided to start your own business, and now it's time to set up a business banking account. In this blog post, we will go through everything you need to know about opening a business banking account, from the required documents to the various types of accounts available in the market.

Starting a business comes with its fair share of challenges, and one question that often arises is whether or not you need business banking.