An Update Regarding COVID-19

It’s been more than two months since the majority of the United States was shut down due to the COVID-19 pandemic. Thanks to social distancing and the use of protective masks, we are seeing what looks to be a return to normalcy ...

Why You Should Open a Savings Account for Your Business

When you were a child, your parents opened your first savings account. As you grew and came into bills of your own, you opened a checking account to have better access to your money. Now, as the owner of a business, you’ve probably ...

Why a Thorough Business Plan Is Important

If you’ve recently started or are about to start your own business, you might be wondering if it’s really necessary to have a business plan. While it might seem like a lot of work, making a business plan is essential for the ...

What is Mortgage Forbearance?

COVID-19 has affected all of our lives in one way or another, including our finances. For those experiencing a job loss due to the COVID-19 pandemic, we would like to extend help during this difficult time. Colonial is working ...

Top Accounting Challenges for Small Businesses

No matter what sector your small business is in, proper accounting is crucial to your success. There are a variety of options you can choose from to help you manage your money, but none are completely perfect. Consider these common ...

Starting Up a Business on Etsy

Starting your own business is an exciting endeavor, and with popular digital platforms like Etsy on the rise, it’s easier than ever to get the word out about your ideas. If you’re someone who makes your own products, Etsy ...

Top New Payment Options to Consider

Just a few years ago, the major question regarding payment was, “Cash or credit?” Today, the question is a bit more complicated. Consumers are utilizing more than just cash, checks, credit cards and debit cards. They now use ...

Small-Business Grants for Minorities

When you’re working hard to get a new business off the ground, any little bit of money put toward your goal helps. It’s even better when that money is a grant as opposed to a loan that needs to be repaid and accrues interest ...

Colonial Celebrates 68 Years

On February 2, Colonial celebrated our 68th anniversary.   Throughout the nearly seven decades we have been in business, Colonial has assisted thousands of customers throughout all stages in life. We’ve helped families ...

Advice for Renting Office Space

Whether you’re moving to a new office or occupying one for the first time, renting space for your business can be a complicated and intimidating experience. Start with these tips to secure a location that makes sense for your ...