OUR BLOG

How Much Should I Spend on Cybersecurity? A Guide for Small Businesses
October 8, 2024

How Much Should I Spend on Cybersecurity? A Guide for Small Businesses

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 […]
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Can You Spot a Phishing Scam?
October 1, 2024

Can You Spot a Phishing Scam?

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 […]
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Do You Practice Safe Checks?
October 1, 2024

Do You Practice Safe Checks?

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, […]
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What Are the Advantages of Using a Business Credit Card for Online Advertising Expenses?
August 29, 2024

What Are the Advantages of Using a Business Credit Card for Online Advertising Expenses?

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 […]
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The Role of Business Banking in Scaling Your Company
August 26, 2024

The Role of Business Banking in Scaling Your Company

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 […]
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Mastering Money Matters: Top Three Financial Hacks for New Entrepreneurs
August 6, 2024

Mastering Money Matters: Top Three Financial Hacks for New Entrepreneurs

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 […]
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What Can I Buy With My Business Credit Card?
July 2, 2024

What Can I Buy With My Business Credit Card?

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 […]
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Don’t Get Hooked: A Guide to Avoid Phone Scams and Spoofing
June 24, 2024

Don’t Get Hooked: A Guide to Avoid Phone Scams and Spoofing

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 […]
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Bridging the Gap: Understanding Bridge Loans
June 11, 2024

Bridging the Gap: Understanding Bridge Loans

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 […]
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Keeping the Cash Flowing
June 11, 2024

Keeping the Cash Flowing

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.
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How Do I Get the Equipment My Business Needs?
April 30, 2024

How Do I Get the Equipment My Business Needs?

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 […]
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5 Easy Steps to Switching to a New Business Bank
August 28, 2023

5 Easy Steps to Switching to a New Business Bank

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?

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