According to a recent study by Fidelity Investments, more than half (53 percent) of the nearly six million small businesses in the nation don't have an optimal retirement plan. What's more, many entrepreneurs are confused or uninformed about the features and...
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...
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...
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...
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...
