Indicators of a financially strong small business
We all know that a small business needs a strong income to succeed, but determining the causes of either a well-performing revenue stream or a weak one might leave some people scratching their heads.
How to tell if your small business is financially strong
Have economic times finally turned a corner? The answer is yes in the eyes of many small business owners, and more are feeling confident, according to a recent report from the National Small Business Association.
Grow a Small Business With Prolonged Financial Gains
Growing a small business from a little start-up to a sustainable revenue-churning machine takes some practice along the way, and building an ideal company means the owner has to evolve alongside their venture.
Build a business back up: Learn from the negatives
Many people have tried and failed, and each business story is a new example of what not to do, and what to change about a current company.
Financial success techniques: Learn the best ways to save and budget
Look for creative ways to cut costs and save money, all while planning for the future
Business pitfalls to avoid and how to manage money successfully
The road to a successful business is covered with hidden dangers, and the best entrepreneurs and managers find ways to avoid them.
Business financial tips: Organize and evolve
Every business owner should take advantage of the numerous services that can help streamline a company, and lead to more production and efficiency.
Hiring Employees for a Small Business
It doesn’t matter if it is the first employee hired or the last, adding new team members to any small business can be nerve-wracking.
Optimize small business cash flow
Some small businesses have difficulty selling their product or service well, and it comes down to cash flow – the ability to move money in and out of a company.
Planning for the right bank loan
Commercial loans are essential to a small business. Many new companies don’t have the funds to finance their young ventures, and investing in a loan can be just what is needed.
The first step: Financial advice for starting a small business
A major hurdle to overcome when starting a small business is finance.
Become a tech-savvy business owner
Mobile banking solutions are often critical for numerous businesses nationwide, and the number of firms that rely on these solutions may increase over the next few years.
Become a mobile banking expert
Mobile banking platforms are readily available to company officials nationwide. These administrators can use their smartphones and tablets to access banking apps that make it easier to manage corporate finances from multiple destinations, which may help a firm become more efficient.
Why is mobile banking valuable for business leaders?
Business operators want quality support and could consider myriad solutions to stay ahead of rivals. With mobile banking platforms, company leaders can enjoy world-class assistance at all times.
What are the benefits of interest-bearing checking accounts?
As more firms consider ways to boost their profits and cut their operating expenses, some businesses are using interest-bearing checking accounts.
What Should Business Operators Consider When Applying for Loans?
Banks nationwide may consider various factors when examining loan submissions, and the application process might even seem overwhelming to some business officials.
Become More Organized With Assistance From Banking Professionals
The top banking professionals are happy to assist your company at all times and can even show it how to become more organized.
Companies could enjoy long-term success if they choose the right bank
Your company wants the best possible support from its bank.
Three mobile banking tips for business owners
In today’s rapidly changing economic climate, business officials should consider a wide range of options to boost their profits, including mobile banking.
Develop an effective financial plan
Today’s challenging economic marketplace makes it more important than ever before for company officials to make smart decisions. In fact, many business administrators are considering myriad options, including the benefits of developing a financial plan.
How Should Small Business Operators Approach Banking?
Small business operators often have limited resources, which may restrict their choices when it comes to investing in their firms. However, business professionals should evaluate their options in advance before selecting a financial institution to help them achieve their long-term goals.
Make better money decisions with personal finance software
Here’s a look at what software can do to help you manage your money.
Health insurance tax may prove troublesome for small businesses
For owners of small businesses, every employee comes at an enormous expense. Paying salaries and providing benefits is only one piece of the puzzle – new legislation is constantly coming along that threatens to disrupt entrepreneurs’ business banking status quo.
Young adults need financial guidance more than anyone
While people of every age and income level can benefit from some financial guidance, young adults are especially in need. Managing money is often toughest for young Americans – they’re frequently earning lower incomes, dealing with expenses like student loan payments and struggling with their lack of experience with financial matters.
Small business owners must choose banks wisely
One of the most important decisions the owner of a small enterprise can make is choosing a bank. Every financial institution is different, and it can be difficult for entrepreneurs to find the right one to handle all their business banking needs.
Middle class struggles to find sound financial advice
Managing finances is a difficult endeavor for middle-class Americans, but here are a few tips on how to be wise with your money.
Tips for Small Business Owner from the ABA
"Now that the 2012 tax season is in the rear-view mirror, it’s a good time for small business owners to reassess their company’s financial health and their relationship with their bank. The American Bankers Association offers the following tips to help small business...
Hiring the right accounting help is vitally important
Every enterprise, no matter how small, needs to have a strong accountant – or team of accountants – to manage its finances.
Congress has the power to help the small business world in 2013
There are a few areas where Congress might be able to lend the small business world a helping hand in the near future. Here’s a glance at the ways Washington can help.
Proper invoicing skills are needed to keep the cash flowing
It should be obvious, but it’s a detail that far too many small business owners tend to overlook – if you want to make money, you need to make sure your clients pay you. Proper invoicing skills are needed to ensure that your business keeps the cash flowing in a timely manner.
Many small business owners still prefer to deal with local banks
A new study reveals that smaller enterprises are resisting the business banking trend that’s engulfed the rest of American companies, staying loyal to local branches rather than migrating to the titans.
Small businesses face financial difficulties of adjusting to Obamacare
Providing health insurance has emerged as arguably the greatest business banking challenge facing entrepreneurs today – with the 2010 passage of the Affordable Care Act, companies are now facing a federal mandate to provide insurance for their workers.
Small business lending climate beginning to show modest improvement
Small business banking has struggled mightily over the last two years, but we’re beginning to see signs that greater financial strength is around the corner. After ten quarters in a row of decline, bank loans to small businesses increased at the end of 2012, albeit only modestly, by 0.4 percent.
Small business owners admit frustration with lawmakers in Washington
Small businesses are working tirelessly to grow from their modest beginnings, adding new jobs and gradually increasing productivity. But according to a new study, there is a lot of frustration with Washington in the small business world today, as many entrepreneurs believe the federal government has been an impediment to successful business banking.
A few tax tips for small business owners to heed this spring
There are a number of things small businesses can do to better handle the pressures of tax season. Here are a few financial tips to help you survive the wrath of the IRS this spring.
Saving for employees’ retirement is challenging but will ultimately pay off
Retirement saving is a tricky proposition – there are a number of pitfalls to be aware of, and no entrepreneur should begin allocating retirement funds without being absolutely sure of what he or she is getting into.
Small businesses slow to embrace digital advertising
According to the Boston Consulting Group, small businesses aren’t taking advantage of digital advertising opportunities quite as often as they say they are.
Small businesses maintain confidence in face of economic adversity
The United States is working its way out of the worst economic downturn in three generations, and that transition has been difficult for everyone involved. But there’s reason to believe that small businesses owners may be the most optimistic Americans entering 2013.
Businesses must develop mobile strategies in years ahead
For small businesses looking for more opportunities for growth in the years ahead, there’s one definite trend that can’t be overlooked – everyone is developing a mobile presence nowadays, and those who don’t are in serious danger of being left behind.
Small businesses need loans to find financial capital for growth
Recent survey data shows that lenders are not as generous as they used to be, which is troubling for Americans looking for a little business banking help to take off.
Small business owners using mobile devices in record numbers
Mobile devices are taking over the workplace. Nearly everyone is using them in the office.
Worried about tax season? Among small business owners, you’re not alone
Tax season is in full swing, and everyone from individual consumers to big corporations is concerned about how best to deal with the IRS this spring. But perhaps the most worried taxpayers are the ones in the middle – small business owners are really feeling the pinch this year.
Banks more likely than ever to accept small business loan applications
There’s good news for small business owners looking to pick up a little extra capital – big banks are accepting more of businesses’ loan requests, according to a new report.
Small business owners remain undeterred by sequester
Government agencies everywhere are being forced to tighten their belts, and those cuts will inevitably trickle down to the small business world soon enough.
Doing good is new big idea behind community bank marketing
Business banking organizations and other financial services are adding community enrichment to their repertoires through media image and applied activism in California.
Community bank success could rely heavily on commercial loans in U.S.
Markets in Colorado and Georgia are showing coordinating trends between growing rates in commercial loans and better community bank business as the U.S. emerges from the recent financial downturn.
Financial calculator skills benefit personal and professional success
A sound financial plan for short and long term goals is often attributed to a small business owner’s ability to apply financial calculator skills to company operations as well as retirement packages.
Military Saves Week Helps Soldiers Reassess Financial Plan
Financial tips are touted all over the internet, in books and by friendly neighbors for average citizens looking to save, but what about financial investment advice for military personnel?
Community reserves are top choice for small business banking in NY
In the past several years, despite community banks’ comparatively low funds, more than half of small companies in the state have chosen to lend from smaller local banks.
A strong financial plan can make non-profit work most effective
Inc Magazine has financial tips for non-profit organizations that may seem unlike the cause-driven business’ nature: The news source insists that making money, often in ways one would not directly relate to altruism, is essential for these types of companies and the communities they impact.