Whether you’re a new start-up or an established business, finding a small business loan to fund your business can seem daunting. Many financial institutions offer business loans, but in today’s economic climate, lenders have tightened lending requirements and not everyone qualifies for a loan. It helps to know beforehand what lenders look for when considering … read more »
10 Financial Terms Every Business Owner Should Know
It’s been proven time and again; you don’t have to be a business school graduate to run and manage a successful business. Some of the most successful entrepreneurs have built their businesses on passion, talent, and of course, hard work. But if you do own a business, it’s important to understand some important financial terms … read more »
Don’t Get Taken by Wire Transfer Scams
Don’t Get Taken by Wire Transfer Scams (FDIC Consumer News) Using a bank or a money transfer company to “wire” funds electronically is an easy and convenient way to send cash to someone. And when consumers wire money to people they know, the transaction typically takes place without a problem. But wiring money to strangers … read more »
7 Financial Tips for Business Owners
7 Financial Tips for Business Owners Personnel director…sales manager…head of operations…customer service manager…The list of roles and responsibilities can go on and on if you’re running your own business today. Though all these key roles are important, there is one that’s particularly critical to the short- and long-term success of your business — chief financial … read more »
Protect Your Business from a Corporate Account Takeover
Running a successful business requires you to be knowledgeable about your industry, competition, and your customers. And in these advance technological times, you must be knowledgeable about another critical area—cyber threats to your business. Today, cyber thieves are constantly developing new ways to defraud businesses online. And it’s usually smaller businesses—those with less than 100 … read more »
8 Steps to Launch a New Business Opportunity
You never know when inspiration will strike. In fact, you may have already been inspired with a revolutionary idea for an innovative new product or service. But as most entrepreneurs know, coming up with an idea is the easy part; it’s a whole lot more challenging to turn that idea into an actual business opportunity. … read more »
Put Your Business Banking Relationship to Use
It’s no secret that building strong and healthy relationships takes time and effort. If you own a business, that’s especially true about one of your most important relationships – the one you have with your bank. A good business banking relationship can give you a powerful competitive advantage, which is why it’s so important to … read more »
Celebrate Small Business Saturday
November is the month of thanks. And on Saturday, November 25, America will have the opportunity to thank one of the most important contributors to the United States economy — small businesses. Small businesses are the engines that power our national economy, making up nearly 65% of the U.S. workforce private sector jobs. In fact, … read more »
How to Create a Fun Workplace
How can you attract and retain great employees in the workplace today? You certainly could lure them in with a highly competitive salary. Or win them over with a robust and generous benefits package. Or you could do something that’s a little easier — and a whole lot less expensive. You could create a fun … read more »
Steps to Opening a Small Business
It takes more than a great idea and entrepreneurial spirit to be your own boss. But if you follow the right path, that dream can be within reach. Here’s what you need to do to start a small business. Create your business plan A solid business plan helps you organize your ideas and attract potential … read more »
