May 15, 2012 | Banking and Finance
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. Protecting your business banking while still promoting good customer service can be difficult in...
May 14, 2012 | Banking and Finance
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. The Small Business Administration says on average more than 500,000 business will open every year and about 600,000 existing...
May 11, 2012 | Running Your Business
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...
Apr 27, 2012 | Running Your Business
Your business might be feeling the pinch this year as prices of goods keep going up, but consumer spending doesn’t keep up. Before investing your savings, talk to My Bank about financing options. Inflation and Rising Costs Continue to Impact Small Businesses...
Apr 17, 2012 | Running Your Business
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. According to Brian Miller, COO and...