Small Business is our Business

WHICH TOOLS ARE MOST USEFUL FOR MANAGING CASH FLOW AMONG SMALL BUSINESS OWNERS?

Online Banking                    72%

Direct Payments                 40%

Electronic Invoicing           29%

Online Payroll Services     28%

Mobile Banking                   21%

Remote Deposits                 18%

Online Tax Services            15%

Mobile Deposits                  12%

None, I don’t need them    11%

Mobile Merchant Services  9%

 

Source: Bank of America Small Business Owner Report, May 2012.

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