Blog
Protecting assets from internal upset
To avoid financial failure, be sure to get sound financial investment advice at the onset and maintain a system of reviews over your business just in case a familial crisis should occur.
How to make your business the best
Chances are if you’ve come up with an innovative business idea or model, somebody is eventually going to copy you, if they haven’t already.
Choosing the right financial advisor
Regardless of whether you’re buying your first place, opening a business or starting a family, it’s important to know that your financial tips are coming from someone you know you can trust.
Securing better bank rates with what you’ve got
Not everyone has a Renoir lying around in their attic, but if you have antiques or other high-value collateral to offer when you apply for a business loan, it may help you secure a higher dollar value and lower rate.
Getting the right coverage to safeguard your assets
Like any other sort of insurance up for sale there are different plans and kinds of coverage, so you’ll want to do some research and get financial advice before choosing the one that’s right for your company.
Today’s Market Action
U.S. stocks are extending losses after the latest economic data showed factory orders fell in April for a second month, adding to evidence that U.S. economic growth is slowing. The S&P 500, the U.S. benchmark equity index is now down 10% from its 2012 peak...
Check yourself before you wreck your small business
Starting your own work-from-home business may feel simpler and easier than investing in a storefront, buying technology and filling a space with inventory, but it’s important to know if you’re allowed to before you go ahead and do it, or else you could be in serious legal trouble.
Tips for successful franchising
There’s a misconception with startup business owners that buying into a franchise isn’t the same as having a truly independent company, and in some senses they’re right.
A Financial Foundation: That’s What I Want
When The Beatles sang, “Now give me money, a lot of money . . . I want money . . . that’s what I want,” they may not have been thinking about buying insurance or setting up an emergency fund with it. But establishing a solid financial foundation...
Get a good start: Tips for budding entrepreneurs
Simply getting financial tips won’t be enough to give you a strong idea of how to run a whole company right out the chute.
Get off the ground without a hitch
Financial planning and business advice are key to avoiding some of the biggest entrepreneurial mistakes.
Keeping home and work separate for success
There are many situations in life that can feel overwhelming, some moreso than others.
Fix accounting now to avoid problems in the future
It may seem like tax time is a long way off, but if you put off tax preparation until April 1, you may not have time to save yourself from a messy financial situation.
Graduates need to be careful with new money
Many college students will be moving tassels on mortarboards soon and looking to get their feet wet in the working world.
Be careful of big banks with big pitfalls
There’s a misconception that large banking entities are more trustworthy and reliable because they managed to get to the scale they’re at today.
Being prepared for a business loan
Nowadays it can be a little tough to get a commercial loan and while good business banking practices can help make a company look good when it becomes time to apply, there are other tactics and solutions owners can take to boost the odds in their favor.
Healthcare helping or hurting HR
Reviewing costs and benefits would be a good idea before deciding which direction to go with your financial plan.
Picking the loan that works for you
Reports and surveys all seem to say that small business lending is on the decline for April and that going forward owners should consider alternate funding options.
First figuring for financial fitness
Before forging ahead with buying inventory, pursuing a commercial loan or hiring your first employee, putting a total dollar amount on opening up shop will help determine if it’s a feasible idea or just a pipe dream.
How to make smart investments with ETF
There’s been a lot of buzz recently surrounding exchange-traded funds (ETF) options, but while appeal may be high in some areas, you may want to get some unbiased financial investment advice before putting money into one.
Finding ways to do what you love or love what you do
A slew of recent studies has found employees by-in-large aren’t happy with their current job, but with a stagnant hiring field and unemployment rates holding steady it may be worth it to look around the office again before taking a leap out the door.
Getting an early start on retirement planning
It may seem like you have a lot of time before you hit 65, plenty of good years to work and save, but there are a lot of factors to take into account when planning for those golden years.
There may be more cash in your pockets than you think
Finding more cash flow without getting a second job may sound impossible, but there are a few things you can do to free up money you may not have known about.
Staying on top of your business’ money
It may seem like a simple concept, but more businesses are saying they have to adjust their financial calculator due to customers who don’t pay what they owe.
Are Your Personal Finances on Solid Ground?
Stock market volatility, the struggling economy, job losses, and a variety of other factors have left many individuals feeling less than totally comfortable with their personal finances these days. If you’re among them, maybe you would benefit from reassessing...
Not as much competition for startup small businesses
Right now the economy seems to be a bit stagnant, and some are pointing to a lack of small business startups as the root of the problem.
Finding a friendly place for your business to call home
One of the biggest steps in a new business’ financial plan should be figuring out where to set up shop. It may not be as simple though as looking for a vacant storefront; you might want to consider first the different speed bumps state and federal governments could throw in your way.
Getting money where your business’ mouth is
Over the last few years the economy hasn’t been quite what it used to be. Consumer Reports said recently that spending was down even though people were feeling more optimistic about how the market was doing.
Using a credit card for your small business
More small businesses are considering using credit cards as part of their daily operations. With rates on the rise and lending ceilings shrinking at banks, businesses should know a few things about business banking before jumping on for the plastic.
Smart business through technology growth
As a small business, your cash flow is strong and consistent and you’re starting to think about where you might want to put money back into your company to help it grow. If you’re still running on old technology you might want to consider an update; you might actually be hurting your productivity.
Keeping your head in the investing game
The Investing Sentiment Survey (ISS) released recently shows most investors are feeling overwhelmed and confused by the variety and complexity of products, so if you’re looking for good financial advisement, don’t be afraid to look for help.
The one kind of insurance you should have but probably don’t
According to Marvin H. Feldman of the LIFE Foundation, you may be taking a terrible risk every day with your finances and it could be because you don’t know to look for it yet.
Personality and spending habits need open communication
Many couples agree communication can be a big stumbling block in a relationship, and nowhere moreso than when it comes to money.
Overseas Election Results Stunt Stocks
Equity markets closed sharply lower on Friday and on the week after the April payrolls report showed the U.S. economy created just 115,000 new jobs, the fewest in six months. The S&P 500 lost 2.4% last week, its largest weekly retreat since...
Making money count for the 20-somethings
College graduation is a landmark, a time for family and friends to rejoice a major achievement and wish you well as you truly set out into the world for the first time.
Group-Term Life Insurance as an Employee Benefit
Employers know that the employees of a business will effectively determine whether the venture will be a success or not. Committed employees who are satisfied with their jobs, and the rewards their jobs bring, are a significant asset of any successful business. That...
Fighting the debt fight
Recent credit card usage is up among small businesses, according to CreditCards.com, with numbers soaring above those from 10 years ago.
Baby’s first years: Making sure your new business starts right
Now you’ve gotten enough money together, come up with a business plan, and you’re all set to open your doors and let the customers roll in, but how can you be sure of success?
Looking for funds in all the wrong places
Your business might be feeling the pinch this year as prices on goods keep going up but consumer spending doesn’t keep up. Before you put in all your savings, talk to My Bank about your financing options.
Is now a good time to hire?
Your small business has come a long way but maybe you’re noticing more often that you just don’t seem to have enough time to get everything done anymore.
Make the most of your summer vacation
Schools will be letting out for summer vacation in a few short weeks and there will be plenty of time for fun in the sun. Be sure you’re ready with all the right toys and tools to make lasting memories.
Jumpstart your business cash flow
Your small business is just starting out and you need a way to get some extra cash flow. A new law makes finding money online much easier, and not just with online banking.
Are you a casual financial planner?
Americans are casual planners when it comes to their personal finance, according to a recent study from Northwestern Mutual.
It’s time to ramp up your financial fitness
One of the hardest parts of adjusting to life after college is realizing you’re now a “real adult.”
The core of cash flow management
From a financial perspective, April is a big month.
Study offers insight into common cash flow pitfalls
Research sponsored by small business coaching firm Advicoach found that as many as half of entrepreneurs running their own firms use personal credit cards to compensate for poor cash flow caused by a lack of funding or revenue.
Taking the next step: Tips for small business employee recruitment
So, your small business financial plan is solid.
No Left Turns!
On Your Way to the Right Mortgage You want to find the perfect house, but first you should look for the right mortgage. If you feel lost before you even begin your search, let us help guide you. Check Your Credit Report Right Away Many mortgage lenders require...
Tips for quick and easy cash flow management
According to Les Masonson, financial services expert and author of Cash, Cash, Cash: The Three Principles of Business Survival and Success, the path to effective, successful cash flow management is a simple one.
Four common money mistakes
When it comes to staying out of the red and keeping control of your finances, there are several common errors people make time and again.