Feb 24, 2012 | Banking and Finance
According to Inc. magazine, entrepreneurs tend to create a personal financial statement for one of two reasons. They're either genuinely interested about viewing the inner workings of their companies, or they need to get their financial house in order prior to a...
Feb 23, 2012 | Banking and Finance
At a recent community bank conference, Federal Reserve Chairman Ben Bernanke said that smaller institutions are beginning to pull ahead of big banks, focusing more on financial investment advice as more money for loans becomes available. Bernanke noted that while...
Feb 22, 2012 | Running Your Business
Recent government reports revealed that 40 percent of all small business lending is made by financial institutions $1 billion or less in size, according to the Times of Northwest Indiana. What's more, companies that sought commercial loans from a community bank...
Feb 21, 2012 | Running Your Business
According to a recent CNBC article by Louis Hernandez, Jr., community-based financial institutions are best equipped to help small enterprises begin to recover from the recession. Hernandez, author of the upcoming book “Saving the American Dream: Main...
Feb 21, 2012 | Running Your Business
Cash flow management can seem intimidating for small business owners. As Inc. magazine explains, the process of managing cash flow involves collecting payments, controlling disbursements, forecasting cash needs and more. In addition to entrepreneurs themselves, it...