How Much is Too Much Cash?


Cash can be an invaluable safety net for a small business. Having enough cash on hand during lean times or for an unexpected emergency is crucial to your business’ survival — and future growth. But too much cash can mean money not being put toward its best use. It’s a general rule of business to … Continue reading How Much is Too Much Cash?

How to Choose The Best Checking Account


Checking accounts are the most widely used financial product in the country. According to the FDIC’s most recent Survey of Unbanked and Underbanked Households in 2015, 75.8 percent of households had a checking account. Most banks offer different levels of checking accounts, from simple ones to those that earn interest and have unlimited transactions. Checking … Continue reading How to Choose The Best Checking Account

Tax Tips for Small Businesses


With April 15 fast approaching, small business owners should be getting their tax documents, credits and deductions ready to go. Being diligent about record keeping is probably the best way to come out ahead on tax day.  According to the IRS, good records will help you monitor the progress of your business, prepare your financial … Continue reading Tax Tips for Small Businesses

Common Financial Mistakes Small Businesses Make


Financial Mistakes Small Businesses Make Here are six of the most common financial mistakes small business owners make and how to avoid them. Starting your own business is an exciting time filled with possibility. There are a ton of decisions to be made, from location to hiring and marketing. While many small businesses see success … Continue reading Common Financial Mistakes Small Businesses Make

Grow Your Business


A new year brings new opportunities and also new challenges. Being open to change is vital to success in business. Opening your mind to new ideas, processes and customers can take your business in directions you never thought possible. According to a 2016 survey by global consulting firm Deloitte, executives “recognize both that the future … Continue reading Grow Your Business

Build Your Business from the Outside


Learn how outsourcing some operations can grow your bottom line. As a small business owner, you often have to wear many hats — if not all of them. Reputation is everything in business, and the best owners know they must be hands-on if they want to have happy customers. But, as a business owner, if … Continue reading Build Your Business from the Outside

5 Tips To Happy, Healthy Employees


Studies have shown that the happiest companies are also the fastest growing. The formula is simple: Happy workers boost your bottom line and make for happy customers. Investing in employees — and working hard to retain them — pays off in the long run. Not only will you be creating a positive work environment, but … Continue reading 5 Tips To Happy, Healthy Employees

Handing Over the Reins: How to Develop a Succession Plan for Your Business


Succession planning is defined as a process for identifying and developing new leaders in a company should current leaders leave, retire or die. While planning for such a big change can seem daunting, succession planning can also be “a great opportunity to maximize opportunities and create a multi-generational institution that embodies the family’s values and … Continue reading Handing Over the Reins: How to Develop a Succession Plan for Your Business

Taking Advantage of a Slow Period in Business


Sometimes business is slow. Depending on your type of business, there could be downtime as the end of the year approaches.  Your customers and clients prepare for family gatherings, shop for gifts and take vacations. Downtime doesn’t have to be bad for business though. If you plan for slow periods, then you can use them … Continue reading Taking Advantage of a Slow Period in Business

8 Ways to Give Back During the Holidays


Giving back is a valuable part of any business year-round, and it is especially important during the holiday season. By supporting a local charity, collecting donations or participating in an event, you’ll not only be supporting the community your business serves, but also setting an example for your employees to do the same. Participate in Holiday … Continue reading 8 Ways to Give Back During the Holidays