When thinking about ways to handle your business finances, your primary focus may be in increasing your profits while reducing your losses. One way to help increase your business profits is to have a solid investment plan.
A great way to invest your company’s funds is in a corporate certificate of deposit.
What is a Certificate of Deposit (CD)?
A CD is a savings account that provides a higher rate of return than a standard savings account. Certificates of deposit also tend to be short-term, lasting between six and twenty four months, versus standard accounts which are ongoing. Depending on the type of CD you purchase, you cannot withdraw funds while the CD is active.…Continue reading