It’s easy to get carried away during the holidays. But even amidst the fun and excitement of the season, it’s important to keep an eye on your budget so you’re not faced with a financial shortfall later. How can you resist the urge to overspend on gifts and celebrating with family and friends? Consider these…
Rebranding can be expensive and time-consuming. However, successfully repositioning your business also has the potential to help you reclaim the attention – and loyalty – of your existing customers while attracting new ones by successfully repositioning your business. How do you know when you should be rebranding? Here are some scenarios to consider: Your brand…
When you are totally engrossed in day-to-day operations, it’s easy to overlook some very important fundamentals – like budgeting. A budget helps you understand where your money is going and determine the income you’ll need to maintain operations. And, it’s vitally important to both short and long-range planning Here are some basic tips for new…
Are you a recent college graduate? Congratulations! It’s an exciting milestone, but it also brings a new wave of responsibilities, like managing your finances. Are you ready to step up your adulting skills? With so many banking choices, how do you find the one that best suits your needs? Don’t stress, though; we’ve got you…
It’s a remarkable statistic: people 55 and older own at least a percentage of over 50% of America’s small businesses. As many as 10 million companies – about 65-75% of all small firms – will likely be on the market in the next decade as baby boomers retire. Economists and the press refer to the coming…
Whether acquiring an existing business or buying out partners from your current one, a Small Business Administration (SBA) 7(a) loan could be an excellent option, offering competitive interest rates and longer repayment terms to qualifying buyers. However, while the SBA guarantees a significant portion of the loan, collateral is usually required of the borrower. Here…
Have you been considering financing to purchase a business or perhaps to grow your present one? A lot goes into securing a Small Business Administration (SBA) loan. However, approved borrowers can get their financing faster by taking a few proactive steps: Have your historical and current financials ready – along with your seller’s – and…
Most of us use a credit or debit card multiple times a day for business or personal reasons. That makes it vitally important to be aware of what “skimming” is and how you can protect yourself from fraud. Card skimmers gather data from your card’s magnetic strip when you insert or swipe it at point-of-purchase…
Platform banking: What it is: banks integrating services from other providers, primarily fintechs, in order to offer the bank’s customers a broader (or more specialized) range of financial services. How it works: depending on the type of set-up, the fintech’s services are usually fully integrated into the bank’s app/webpage via application programming interface (API), a connection…
It wasn’t all that long ago that new (or fairly new) businesses had few options when it came to being seen by potential customers. Direct mail was, and remains, an option, but the return on investment has historically been frustrating. And, of course, there was traditional media: newspapers, magazines, tv and radio, but relatively few…
