During a turbulent economy, the negative side of owning a small business is often the aspect that's publicized. Like most companies, small enterprises in virtually every industry saw business nosedive as the recession hit, with some unable to weather the storm....
Community financial institutions (FIs) and credit unions (CUs) are triumphing over big banks at a time when the country's small businesses are making tentative steps toward economic recovery, the Christian Science Monitor reports. The source notes that despite...
As the owner of a local small business, you know the hardships involved with getting a company off the ground. Chances are, you took out some commercial loans, tapped other sources of funding and operated at a loss for a while after opening the business. If things...
Setting up a community bank presence on Twitter is unlikely to garner the same number of followers as more established big-name financial institutions – but in a way, that might be beneficial, notes the Philadelphia Business Journal. Banks can use Twitter to...
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...